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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...
Jobs

Canada added some jobs, but unemployment crept up in August

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Canada's employment rate crept up to 6.6 per cent in August, even as it added 22,000 jobs, mostly part time, says Statistics Canada's monthly...
Bussiness

Canada’s unemployment rate rises to 6.6%

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Canada’s unemployment rate rose to 6.6 per cent in August, with 1.5 million Canadians unemployed last month, Statistics Canada said Friday.Compared to August of...
World

Backlash against immigrants challenges Canada’s welcoming image

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By Anna Mehler PapernyTORONTO (Reuters) - A growing perception in Canada that immigration is to blame for some of the country's economic woes is...
Jobs

Statistics Canada to release August jobs report today amid labour market slowdown

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