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Bussiness

EV sales are still growing. So why are carmakers pulling back?

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J.D. Ney at the market research firm J.D. Power, says electric vehicles have passed the early adopter phase. (Jared Thomas/CBC)Some provinces have their own...
World

P.E.I. policing numbers hit historic low, as percentage of population

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As crime rates rise on Prince Edward Island, the number of police per capita in the province has fallen, and while some see that...
Bussiness

Statistics Canada reports wholesale sales higher in July

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OTTAWA — Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.4 per cent to...
World

Canada is getting poorer when compared to its wealthy peers, data shows

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Canada is among the richest countries in the world — but when compared to peer countries like Australia, New Zealand and the United Kingdom, it...
Bussiness

Household debt-to-income ratio down in Q2, debt service ratio up: Statistics Canada

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OTTAWA — Statistics Canada says the amount Canadians owe relative to their income ticked lower in the second quarter.The agency says household credit market...
Bussiness

Canada’s third-quarter growth seen much slower than Bank of Canada forecast

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By Promit MukherjeeOTTAWA (Reuters) - Canadian gross domestic product in the third quarter is likely to fall well short of the Bank of Canada's...
Jobs

Canada is running out of jobs for newcomers

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A growing pool of newcomers to Canada can’t find work or aren’t looking, as businesses hire at a slower pace while the population continues...
Bussiness

Recent immigrants shut out of strong wage growth as unemployment rises in Canada

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OTTAWA — Canada's unemployment rate continued to trend higher in August — reaching 6.6 per cent — as the job market slowdown hits workers...
World

Toronto man arrested in Quebec in terror investigation: sources

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The RCMP arrested a Toronto-area man in connection with a terror investigation Wednesday in a Quebec town near the U.S. border.Police sources involved in the...
Jobs

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...
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