Canada’s unemployment rate fell to 6.4 per cent in July, its lowest level in two years. However, Newfoundland and Labrador saw its rate rise sharply […]
Tag: Economy
Ottawa approves $70B northern Ontario mine project
Canada’s federal government has approved the Crawford Nickel Project in northeastern Ontario, a major mining development expected to add up to $70 billion to the […]
Carney says energy should not be used as leverage in U.S. trade negotiations
Prime Minister Mark Carney says he does not believe Canada should use energy exports as leverage in trade talks with the United States, even as […]
Why Trump is Threatening New 50% Tariffs on Canadian Exports
The United States is threatening to impose new 50 per cent tariffs on many Canadian products, a move that experts say is part of a […]
Canada’s inflation rate climbed to 3.2% in May, with rising gasoline prices once again driving the increase.
Canada’s annual inflation rate rose to 3.2 per cent in May, up from 2.8 per cent in April, according to Statistics Canada. Higher gas prices […]
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 […]
Canadian economy adds 88,000 jobs as unemployment rate drops to 6.6%
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 […]
Canada pushes U.S., Mexico to renew CUSMA.
Canada has officially told the U.S. and Mexico that it wants to renew the Canada-U.S.-Mexico Agreement (CUSMA), the free trade deal between the three countries. […]
Employment insurance reaches fewer Canadians as gig work and part-time employment reshape labour market
Food Banks Canada says the country’s employment insurance system is no longer helping many workers as more people take part-time, contract or gig jobs. The […]
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 […]