Canada’s labour market added 88,000 jobs in May, a stronger-than-expected gain that helped push the unemployment rate down to 6.6 per cent from 6.9 per […]
Tag: Economic Growth
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 spring budget forecasts economic growth alongside a declining deficit.
Canadian Prime Minister Mark Carney has announced a smaller budget deficit than expected, helped by rising oil prices and a strong economy despite global tensions […]
The Bank of Canada has opted to maintain the current 5% interest rate, signaling no adjustments at this time.
The Bank of Canada has affirmed that its key overnight interest rate will remain at five percent, maintaining its benchmark for the fourth consecutive […]