Economy News

• Bureaucracy makes it too difficult for tech companies to sell to Ottawa: report

  Bureaucracy makes it too difficult for Canadian tech companies to sell to government, a new report from an industry group released Wednesday says.

  Canada

  Apr 3
  
• Foreign control in the Canadian economy is shrinking: StatCan

  Enterprises 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.

  Economy

  Oct 23, 2023
  
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• Dollarama tops earning estimates as cost-conscious buyers boost sales

  Dollarama 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.

  Money

  Jun 7, 2023
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• Are Canadian banks under pressure? What to know ahead of earnings this week

  Canadian banks are expected to report a rise in bad debt provisions and highlight risks from commercial property loans when they report earnings this week.

  Economy

  May 23, 2023
• As inflation cools, higher wages could stand in the way of reaching 2% goal

  Statistics Canada's consumer price index report set to be released Tuesday is expected to show inflation slowed once again in April.

  Canada

  May 12, 2023
• Is Canada headed for a recession? Here’s what the latest data shows

  After recording zero growth in the fourth quarter, the Canadian economy bounced back to start of 2023, Statistics Canada said Friday.

  Economy

  Apr 28, 2023
• Canada saw economic growth resume in January following small contraction

  The 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.

  Economy

  Mar 31, 2023
• 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.

  Economy

  Feb 28, 2023
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• Global employment growth to ‘deteriorate significantly’ this quarter: Labour group

  ILO Director-General Gilbert Houngbo called for a series of policies aimed at supporting the most vulnerable people and businesses.

  World

  Oct 31, 2022
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• Canada’s economy grew 0.1% in August, StatCan says

  Statistics Canada's preliminary estimate for August released last month suggested real GDP was essentially unchanged for the month.

  Canada

  Oct 28, 2022