Canada's Economy
-
Canada’s wholesale sales higher in May after April’s coronavirus-linked record lowThe overall increase in May came as six of seven subsectors recorded higher sales.CanadaJul 17, 2020
-
Canada’s economy shrunk 0.1% in October — the first drop in 8 monthsThe drop is partly because of a U.S. auto strike that hit manufacturing, Statistics Canada data indicated on MondayCanadaDec 23, 2019
-
Canadian retail sales remain virtually flat in AprilBut the underlying trends appear better than the ho-hum headline data suggests, one economist says.MoneyJun 21, 2019
![]()
-
Canada’s GDP growth slows to 2% in third quarterThe slowdown was in line with economists' expectations.MoneyNov 30, 2018
![]()
-
IMF boosts Canada’s economic growth forecast to lead G7 countries in 2017The Washington-based IMF is now estimating Canada's gross domestic product for 2017 will be 3.0 per cent - half a percentage point higher than its July estimate.MoneyOct 10, 2017
![]()
-
Canada’s economic forecast raised, now best in G7 this year: OECDThe Paris-based economic think-tank now sees growth of 3.2 per cent this year.MoneySep 20, 2017
![]()
-
Canada’s unemployment rate drops to 6.3%, lowest since October 2008Statistics Canada says the pace of job growth slowed, however, with 10,900 net new positions, down from an increase of 45,300 in June.CanadaAug 4, 2017
![]()
-
Canada’s economy posts solid growth in April, up 0.2% in the monthStatistics Canada said Friday the economy grew 0.2 per cent in April compared with an increase of 0.5 per cent in March.EconomyJun 30, 2017
![]()
-
Loonie climbs as Bank of Canada hints at rate hikeIf the central bank increases its key rate, the big Canadian banks will raise their prime rates, driving up the cost of variable rate mortgages, other loans and lines of credit tied to the benchmark rate.EconomyJun 28, 2017
![]()
-
Bank of Canada holds rate at 0.5%, doubts recent strong growth sustainableIn holding the rate at 0.5 per cent, the central bank says it also considered significant uncertainties still weighing on its outlook - including the unknown yet potentially adverse impacts of the U.S. economic agenda.CanadaApr 12, 2017
![]()
