The Canadian economy added 10,700 new jobs last month driving the unemployment rate to 6.8 per cent, but the latest numbers raise questions about the quality of these new jobs.
The rise in employment bucked analysts’ forecasts for a loss of 20,000 jobs after two months of growth and reinforced expectations that the Bank of Canada will keep interest rates unchanged next week and for all of 2017.…
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The Canadian economy added 10,700 new jobs last month driving the unemployment rate to 6.8 per cent, but the latest numbers raise questions about the quality of these new jobs.
The rise in employment bucked analysts’ forecasts for a loss of 20,000 jobs after two months of growth and reinforced expectations that the Bank of Canada will keep interest rates unchanged next week and for all of 2017.…
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The rise of the service sector in the Canadian economy is a natural process that is leading to high-quality jobs and supporting the return of sustained economic growth, Bank of Canada Governor Stephen S. Poloz said today.
In a speech to the C.D.…
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The rise of the service sector in the Canadian economy is a natural process that is leading to high-quality jobs and supporting the return of sustained economic growth, Bank of Canada Governor Stephen S. Poloz said today.
In a speech to the C.D.…
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Sales at U.S. retail stores rebounded in September, with auto dealers and gas stations racking up the biggest gains, in a sign consumers are still spending enough to keep the economy on a slow but steady growth path.
Retail sales rose 0.6 percent, in line with economists’ expectations, but would have been flat without the increased purchases of cars and parts.…
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Sales at U.S. retail stores rebounded in September, with auto dealers and gas stations racking up the biggest gains, in a sign consumers are still spending enough to keep the economy on a slow but steady growth path.
Retail sales rose 0.6 percent, in line with economists’ expectations, but would have been flat without the increased purchases of cars and parts.…
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Wholesalers account for the largest portion of the services sector, which in turn represents roughly two-thirds of total Canadian gross domestic product. Wholesalers generally act as an intermediary in the distribution of merchandise, and as a result tend to sell goods in large quantities to retailers, businesses and institutional clients.…
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Wholesalers account for the largest portion of the services sector, which in turn represents roughly two-thirds of total Canadian gross domestic product. Wholesalers generally act as an intermediary in the distribution of merchandise, and as a result tend to sell goods in large quantities to retailers, businesses and institutional clients.…
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According to the report from Statistics Canada, consumer price index (CPI) for October gained 0.2% from the previous month, in line with estimates and slightly higher than September’s 0.1% increase.
Canadian inflation increased as expected in October, though the annual increase in the core reading slipped unexpectedly, according to official data released on Friday.…
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According to the report from Statistics Canada, consumer price index (CPI) for October gained 0.2% from the previous month, in line with estimates and slightly higher than September’s 0.1% increase.
Canadian inflation increased as expected in October, though the annual increase in the core reading slipped unexpectedly, according to official data released on Friday.…
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Statistics Canada says manufacturing sales rose 0.3 per cent to $51.5 billion in September, boosted by higher sales in the transportation equipment and fabricated metal industries.
Sales were up in 12 of 21 industries, representing 57.1 per cent of the total manufacturing sector.…
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Statistics Canada says manufacturing sales rose 0.3 per cent to $51.5 billion in September, boosted by higher sales in the transportation equipment and fabricated metal industries.
Sales were up in 12 of 21 industries, representing 57.1 per cent of the total manufacturing sector.…
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A further easing from the Bank of Canada would bring the central bank closer to unconventional monetary policy easing and the decision on whether to cut rates again is not one to take lightly, Governor Stephen Poloz said on Monday. Taking questions from lawmakers, Poloz also said that there were ingredients of a possible divergence between Canada and the United States, both economically and from a monetary policy standpoint.…
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A further easing from the Bank of Canada would bring the central bank closer to unconventional monetary policy easing and the decision on whether to cut rates again is not one to take lightly, Governor Stephen Poloz said on Monday. Taking questions from lawmakers, Poloz also said that there were ingredients of a possible divergence between Canada and the United States, both economically and from a monetary policy standpoint.…
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There was a significant rise increase in inflation after it recorded a slump of 0.20% in the month of August, the slump was mostly caused by low energy prices and the persisting excess capacity. Statistics Canada reported that there was a 0.1% month on month increase in the CPI index for the month of September, and a year over year increase of 1.3%.…
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There was a significant rise increase in inflation after it recorded a slump of 0.20% in the month of August, the slump was mostly caused by low energy prices and the persisting excess capacity. Statistics Canada reported that there was a 0.1% month on month increase in the CPI index for the month of September, and a year over year increase of 1.3%.…
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The Bank of Canada Governor Poloz in his press conference after the Bank of Canada’s rate decision, said that further policy measures had been discussed in the meeting, his statements were rather more dovish. He said that there had been a major rally in exports since the month of July, but the overall export levels was still lower than the market had anticipated.…
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The Bank of Canada Governor Poloz in his press conference after the Bank of Canada’s rate decision, said that further policy measures had been discussed in the meeting, his statements were rather more dovish. He said that there had been a major rally in exports since the month of July, but the overall export levels was still lower than the market had anticipated.…
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The Bank of Canada in its latest Business Outlook Survey reported that there is a perception among many companies that the resources sector is grinding to a halt after a two year downturn. The central bank’s latest business outlook survey shows Canada’s biggest trading partner is still seen by firms as the main driver of positive expectations for exports.…
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The Bank of Canada in its latest Business Outlook Survey reported that there is a perception among many companies that the resources sector is grinding to a halt after a two year downturn. The central bank’s latest business outlook survey shows Canada’s biggest trading partner is still seen by firms as the main driver of positive expectations for exports.…
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