Economy News
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Bureaucracy makes it too difficult for tech companies to sell to Ottawa: reportBureaucracy makes it too difficult for Canadian tech companies to sell to government, a new report from an industry group released Wednesday says.CanadaApr 3, 2024
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Foreign control in the Canadian economy is shrinking: StatCanEnterprises in eight countries account for about 90 per cent of foreign-controlled assets in Canada, with a little more than half located in the United States.EconomyOct 23, 2023
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Dollarama tops earning estimates as cost-conscious buyers boost salesDollarama Inc. says it earned $179.9 million in its latest quarter, up from $145 .5 million in the same quarter a year earlier, as its sales gained 20.7 per cent.MoneyJun 7, 2023
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Are Canadian banks under pressure? What to know ahead of earnings this weekCanadian banks are expected to report a rise in bad debt provisions and highlight risks from commercial property loans when they report earnings this week.EconomyMay 23, 2023
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As inflation cools, higher wages could stand in the way of reaching 2% goalStatistics Canada's consumer price index report set to be released Tuesday is expected to show inflation slowed once again in April.CanadaMay 12, 2023
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Is Canada headed for a recession? Here’s what the latest data showsAfter recording zero growth in the fourth quarter, the Canadian economy bounced back to start of 2023, Statistics Canada said Friday.EconomyApr 28, 2023
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Canada saw economic growth resume in January following small contractionThe agency says real gross domestic product rose 0.5 per cent to start the year after contracting 0.1 per cent in the final month of 2022.EconomyMar 31, 2023
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Canada’s economy ended 2022 with a ‘thud.’ What does that mean for a recession?Canada's economic growth was flat to end 2022, with some economists saying this supports a pause in interest rate hikes from the Bank of Canada.EconomyFeb 28, 2023
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Global employment growth to ‘deteriorate significantly’ this quarter: Labour groupILO Director-General Gilbert Houngbo called for a series of policies aimed at supporting the most vulnerable people and businesses.WorldOct 31, 2022
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Canada’s economy grew 0.1% in August, StatCan saysStatistics Canada's preliminary estimate for August released last month suggested real GDP was essentially unchanged for the month.CanadaOct 28, 2022
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