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Canada Jobless Rate Jumps to Highest Since 2017 Outside Covid

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(Bloomberg) -- Canada’s unemployment rate jumped by more than expected, raising questions about whether the labor market is loosening at a pace that would...
Bussiness

Layoffs are on the rise: What economists say about the latest jobs numbers

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Canada’s unemployment rate rose 0.2 percentage points to 6.6 per cent in August as the economy was unable to generate enough jobs to keep...
Jobs

Canada’s unemployment rate climbs to 6.6% as labour market weakens

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Canada’s unemployment rate is climbing higher as tepid job creation is swamped by a historic surge in the population.The economy added 22,000 jobs in...
Bussiness

TSX futures fall ahead of US jobs data

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(Reuters) - Futures tied to Canada's main stock index slipped on Friday as investors adopted a cautious stance ahead of the crucial employment data...
Bussiness

S&P/TSX composite ends flat on Wednesday, U.S. stock markets mixed

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TORONTO — Weakness in the energy sector offset gains elsewhere to leave Canada's main stock index essentially flat Wednesday, while U.S. markets were mixed.The...
Bussiness

Bank of Canada ready to cut faster — or slower — if it needs to, Macklem says

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OTTAWA — The Bank of Canada may adjust the pace of interest rate cuts if warranted, governor Tiff Macklem said on Wednesday after announcing...
Bussiness

Bank of Canada likely to trim rates again to boost economic growth

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By Promit MukherjeeOTTAWA (Reuters) - The Bank of Canada is widely expected to trim its key overnight rate by another 25 basis points on...
Bussiness

Canada home prices to rise modestly on subdued demand despite rate cuts – Reuters poll

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By Indradip GhoshBENGALURU (Reuters) - Home prices in Canada will barely rise in 2024 and only modestly in coming years despite expectations for many...
Bussiness

Canada home prices to rise modestly on subdued demand despite rate cuts – Reuters poll

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By Indradip GhoshBENGALURU (Reuters) - Home prices in Canada will barely rise in 2024 and only modestly in coming years despite expectations for many...
Bussiness

Five things to watch for in the Canadian business world in the coming week

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TORONTO — Five things to watch for in the Canadian business world in the coming week:Rate decisionThe Bank of Canada will announce its interest...
Infra

Opinion: As Ottawa courts pension funds to invest more in Canada, airport privatization should be on the agenda

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Open this photo in gallery:Canada’s biggest pension funds have pushed back hard against calls from business leaders and politicians alike to invest more of...
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