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Statistics Canada

Bussiness

Bank of Canada worried jumbo rate cut would signal ‘economic trouble,’ deliberations show

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Bank of Canada governing council members expressed concern that a 50-basis-point cut in October would signal “economic trouble” and worried...
Sports

StatCan estimates economy grew at annualized rate of 1% in Q3

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OTTAWA — The Canadian economy was flat in August as high interest rates continued to weigh on consumers and businesses,...
Bussiness

Ottawa urged to halt imports of endangered monkeys for drug testing, amid U.S. probe

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TORONTO — The federal government is facing mounting pressure to investigate the importation of endangered monkeys for medical research in...
Bussiness

StatCan latest wealth survey shows stark disparity between homeowners, renters

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OTTAWA — Statistics Canada's latest financial security survey shows a stark disparity between the wealth of homeowners and renters, even...
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: Macklem on the Hill...
Bussiness

Retail sales up slightly in August as consumer spending remains muted

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OTTAWA — Canadian retail sales rose 0.4 per cent to $66.6 billion in August, helped by higher new car sales,...
Infra

Replacing Canada’s crumbling water, road infrastructure would cost more than $300B: Statistics Canada

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It would take hundreds of billions of dollars to replace Canada's crumbling road and water systems, says Statistics Canada.On Monday, the national statistics agency...
Jobs

BC Restaurants See Biggest Drop in Employment of Any Province in Canada as High Costs and Low Demand Squeeze their Bottom Lines

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Vancouver, Oct. 21, 2024 (GLOBE NEWSWIRE) -- British Columbia’s restaurant industry is shedding jobs at an alarming rate and has experienced the largest year-over-year...
Bussiness

With inflation below target, BoC expected to deliver supersized rate cut this week

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OTTAWA — Forecasters expect the Bank of Canada to speed up the pace of interest rate cuts and lower its policy rate by half...
Bussiness

Feds, provinces must work together to tackle productivity crisis: Alberta premier

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CALGARY — Canada's economic productivity crisis can only be solved if the federal and provincial governments come together to address issues like major project...
Bussiness

What Canada’s row with India means for an already underperforming trade relationship

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The diplomatic row between Canada and India could derail a trading relationship that already underperforms its potential, experts warn.Relations between the two countries have...
Bussiness

Statistics Canada reports wholesale sales down in August

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OTTAWA — Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, fell 0.6 per cent to...
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