Canadian Economy

• Bank of Canada expected to hold interest rate again as inflation cools

  'When we combine all these things together, it certainly looks like the (central) bank is likely to hold rates steady for now,'' said BMO's chief economist.

  Economy

  Apr 9
  
• Ottawa left EI reform out of Budget 2023. Here’s why

  The Liberal government says reforming the employment insurance program amid a slowing economy could drive up premiums for workers and employers.

  Canada

  Apr 1
  
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• Budget 2023 offers $35B in green tax credits, still trails U.S. incentives

  Trudeau's government has been under pressure to level the playing field with the U.S. since Washington passed massive uncapped incentives for clean energy investments last year.

  Economy

  Mar 29
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• Employers seeking ‘very specific’ skillset recruit refugee workers under pilot project

  The pilot project works to welcome skilled refugees to fill specific labour shortages in high-demand sectors, including health care, skilled trades and information technology.

  Canada

  Feb 28
• CIBC kicks off big bank earnings with lower profit than a year ago

  CIBC, the first of Canada's big banks to report first-quarter results this year, said Friday its net income amounted to $432 million.

  Economy

  Feb 24
• Canadians think tipping is ‘getting out of control,’ new poll suggest

  "Being asked all the time, I think it has this compounding guilt effect,” Angus Reid Institute Research Director David Korinski told 'The Roy Green Show.'

  Canada

  Feb 19
• Layoffs, boomers, interest rates: Why Canada’s jobs market shows ‘no signs of slowing’

  The 150,000 new jobs recorded in January was 10 times more than expected, one economist noted.

  Economy

  Feb 14
• Canadian dollar’s outlook uncertain amid recession concerns, analysts say

  The Canadian dollar recently rose to its highest level in more than two months against the U.S. dollar, which gained strength Friday after a stronger-than-expected jobs report.

  Money

  Feb 6
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• Freeland meets provincial and territorial finance ministers in Toronto

  The meeting comes at a tense time for many Canadian consumers, with inflation still running hot and interest rates much higher than they were a year ago.

  Canada

  Feb 3
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• Is Canada in a recession? StatCan’s early estimates are saying not yet

  November's GDP grew at a rate of 0.1 per cent and initial indications suggest the economy kept growing in Q4, Statistics Canada said, staving off fears a recession starting.

  Economy

  Jan 31