Economists expect Canada’s annual inflation rate to rise slightly in November. A Reuters survey of economists suggests inflation will reach 2.3 per cent for the […]
Tag: Economy
Canada’s jobless rate drops to 6.5% as employment surge beats forecasts
Canada’s economy added 54,000 jobs in November, pushing the unemployment rate down to 6.5 per cent from 6.9 per cent in October. This is the […]
Bank of Canada releases its last interest rate update of 2025
The Bank of Canada will release its final interest rate update of the year next Wednesday. Canada’s central bank cut its key interest rate twice […]
Canada’s Jobless Rate Drops to 6.5% as Hiring Surge Exceeds Forecasts
Canada’s economy added 54,000 jobs in November, much more than experts predicted. This pushed the unemployment rate down to 6.5 per cent from 6.9 per […]
Canada Releases Updated Income Tax Brackets for 2026
The Canada Revenue Agency has released the federal income tax brackets for 2026, along with a new indexation rate and updated income thresholds. It will […]
Ontario bill may weaken loyalty point safeguards, prompting shopper backlash
As holiday costs rise, many Ontario families say loyalty points are an important way to save money. Shopper Audrey Michaud says she collects points all […]
Canada’s inflation cools to 2.2% in October as fuel and food price growth slows
Canada’s annual inflation rate dropped to 2.2% in October, Statistics Canada said Monday. The number matched what many economists had expected. Gas prices were a […]
Canadians Keep Avoiding US Trips as Decline Deepens
October marked the tenth month in a row that fewer Canadians travelled to the United States. New data from Canada’s statistics agency shows that air […]
Canada posts surprise job surge with 67,000 new positions in October, surpassing forecasts
Canada adds 67,000 jobs in October as unemployment dips to 6.9% Canada’s economy added a surprising 67,000 jobs in October, pushing the unemployment rate down […]
Liberals warn of ‘sacrifice budget’ to steer Canada away from recession
Canada’s Liberal Party says the country needs a “budget of sacrifice” to face a growing trade war with the United States and a long-running cost […]