Housing data reveals ‘growing divergence’ between eastern and western Canada
The latest national home resale figures show sharply diverging trends in different parts of the country. Continue reading
Canadian Economy
Bank of Canada keeps key interest rate steady at 1.75%
Despite Canada’s rebounding growth, the central bank remains concerned about global trade tensions. Continue reading
Canada’s GDP beats expectations with 0.3% growth in April
The oil and gas sector gave Canada’s gross domestic product a lift. Continue reading
Canadian retail sales remain virtually flat in April
But the underlying trends appear better than the ho-hum headline data suggests, one economist says. Continue reading
Canadian unemployment falls to 5.4% in May — a 43-year low
The economy added 27,700 net new positions in the month, building on record job growth in April. Continue reading
Canada’s trade deficit shrinks to 6-month low as exports rise
Canada’s goods trade deficit was much smaller than economists’ had forecast, thanks to rising exports and falling imports. Continue reading
Canadian economy up a measly 0.4% in Q1, but March data show promise
The last three months of 2018 and first three months of 2019 were the weakest six-month stretch since 2015. But economists see signs of a pick-up in March. Continue reading
Canadian retail sales up 1.1% in March, ahead of economists’ expectations
The solid result is the latest in a string of data that suggests the economy bounced back in March, after a weak February. Continue reading
B.C.-Alberta trade worth $30B annually, with economies most intertwined in Canada: report
By Simon Little Online Journalist
Despite their pipeline spat, a new report suggests the two provinces are highly reliant on each other for economic survival. Continue reading
Campaign calls for Canadians to ‘Stand Up To China’ in wake of canola bans
By Connor O’Donovan Digital Broadcast Journalist
A pro-pipeline advocacy group has set their sights on supporting the canola industry in the wake of Chinese bans on canola imports. Continue reading