Canada has introduced a temporary 10 per cent tariff on most imported canned vegetables to help protect Canadian producers from rising foreign competition. The tariff […]
Tag: Canadian Economy
Dollarama Reports 20% Sales Jump as Consumers Seek Value Amid Economic Uncertainty
Dollarama says its sales rose 21.4 per cent in the first quarter compared to the same time last year, as more shoppers looked for affordable […]
Canada enters technical recession as first-quarter economic growth comes to a standstill
Canada’s economy shrank slightly in the first three months of the year, marking two straight quarters of decline and raising concerns about a technical recession. […]
Canada’s growing debt burden: Federal and provincial debt projected to surpass $2.4 trillion this year.
Prices are rising and many Canadians are taking on more debt to keep up, while a new study shows government debt has also climbed sharply […]
Canada’s economy shed 18,000 jobs in April, pushing the national unemployment rate to its highest level in six months.
Canada’s unemployment rate rose to 6.9 per cent in April, the highest level in six months, as the economy lost 18,000 jobs, according to new […]
Canada’s inflation slows to 1.8% in February.
Canada’s annual inflation rate slowed to 1.8 per cent in February, according to Statistics Canada, though the effects of the Iran war have not yet […]
Bank of Canada Poised to Hold Interest Rates Steady for Third Straight Time as Trump Tariff Deadline Looms
The Bank of Canada is expected to keep its key interest rate the same for the third time in a row when it makes an […]
Survey Suggests Bank of Canada’s Neutral Rate May Settle at 2.75%
The financial market anticipates that the Bank of Canada will reduce its policy rate to 2.75% by June 2025 and hold it steady through the […]
Dollarama’s Second Quarter Sales Surge: More Canadians Turning to Discount Stores Amid Rising Costs
Discount retailer Dollarama has reported a surge in both profit and sales for the second quarter, reflecting a growing trend of Canadians turning to discount […]