Prime Minister Justin Trudeau has tapped Mark Carney, the former governor of the Bank of Canada, to chair a Liberal party task force on economic growth...
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 August,...
(Bloomberg) — Canada’s economy added jobs for the first time in three months, but the unemployment rate surprisingly jumped to the highest level since the pandemic...
Canada’s annual inflation rate dropped to 2.5 per cent in July — down from 2.7 per cent in June, Statistics Canada said Tuesday. The national statistics agency said...
The Canadian labour market stalled in July as young people and recent immigrants struggled to find work and job creation continued to lag population growth. The...
The Bank of Canada wants the economy to pick up speed again and some members of its governing council are concerned that weak job market conditions...
The surprisingly weak U.S. jobs report this morning has not only spurred speculation on whether the U.S. Federal Reserve will cut its key interest rate by...
Toronto: While the Canadian Government has said it aims to reduce temporary immigration, the country’s central bank has stated that those numbers are actually likely to...
On Wednesday of next week, the Bank of Canada will announce its decision on interest rates. The market is leaning toward another cut, while policymakers have...
Canada‘s economy unexpectedly lost a net 1,400 jobs in June, while the unemployment rate increased more than expected to a 29-month high of 6.4%, data showed...
Open this photo in gallery: Governor of the Bank of Canada Tiff Macklem arrives for a news conference in Ottawa, on June 5, 2024.Justin Tang/The Canadian...
By David Ljunggren and Promit Mukherjee OTTAWA, June 24 (Reuters) – There is enough slack in the Canadian labor market to allow for growth and the...