Statistics Canada News

20.08 / 13:15

COST Food Cycling show travelers Headlines Inflation cools to 2.5% in July, slowest pace in more than 3 years

The annual rate of inflation cooled to 2.5 per cent in July, Statistics Canada said Tuesday, the slowest pace for price growth since March 2021.

07.08 / 17:07

COST students CIBC track 2020 Schools International Posthaste: Students turn to 'mental math' for their finances

With the start to the upcoming school year about a month away, many university students might be looking at how to make their summer savings last the year.

12.07 / 20:24

markets UPS Provident pandemic CIBC show reports Jobless numbers provide ammunition for further Bank of Canada rate cuts, say economists

The latest jobs data shows Canada’s unemployment rate continuing to rise, giving the Bank of Canada further ammunition to keep cutting interest rates, economists said.

27.06 / 00:37

UPS Provident Gap economy wellness Interviews TD Bank says deep rate cuts will provide 'big tailwind' to Canada's economy

The Bank of Canada’s decision to begin cutting interest rates ahead of the United States Federal Reserve will ultimately lead to a “big tailwind” for the Canadian economy, Toronto-Dominion Bank economist James Orlando said.

19.06 / 22:21

Provident Target FIVE Refugees students country rowing Canada's population topped 41 million. But is this the rise before the fall?

Canada’s population surpassed 41 million in April, just 10 months after it hit 40 million in June 2023.

13.06 / 22:49

markets Household disposable incomes grew faster than debt in Q1, StatCan says

Statistics Canada says the amount Canadians owe relative to their income in the first quarter edged lower compared with the fourth quarter of 2023 as growth in household disposable income outpaced the growth in debt.

07.06 / 15:33

markets UPS economy Food social reports Unemployment rate ticks up to 6.2% in May as job gains lag population growth

Canada’s unemployment rate rose in May despite a gain of 27,000 jobs, Statistics Canada said Friday.

31.05 / 16:11

COST UPS Gap economy Cycling Rate Cut Economy slows more than expected, raising hopes of Bank of Canada rate cut

The Canadian economy grew at a slower-than-expected pace in the first quarter, amid rising expectations that the Bank of Canada will cut interest rates.

31.05 / 16:03

UPS Reuters economy Cycling show reports Slowing GDP growth sets up pivotal Bank of Canada decision: ‘Expect fireworks’

Signs of slowing economic growth could set up “fireworks” at the Bank of Canada’s interest rate decision next week, one economist says, as odds rise for the first rate cut of the cycle.

24.05 / 19:31

electronic Sales at clothing and furniture retailers fell in March, StatCan says

Statistics Canada says retail sales fell 0.2 per cent to $66.4 billion in March, weighed down by lower sales at furniture, home furnishings, electronics and appliances retailers.

22.05 / 14:57

COST UPS FIVE Food Loblaw Canadians feel grocery inflation is getting worse despite steady cooling: poll

Almost two-thirds of Canadians feel that inflation at the grocery store is getting worse, a new poll suggests, even as food inflation has been steadily cooling.

21.05 / 14:05

COST UPS Sustainability Food reports Canada’s inflation rate cools to 2.7% as grocery prices ease further

The annual inflation rate slowed to 2.7 per cent in April, Statistics Canada said Tuesday, as cooling grocery price pressures offset higher fuel costs.

16.04 / 22:43

UPS Target CIBC track reports Headlines ‘Welcome news’ on inflation raises odds Bank of Canada will cut interest rate in June

Canada’s inflation rate picked up slightly in March to 2.9 per cent from 2.8 per cent in February, Statistics Canada said Tuesday, but the consumer price index (CPI) release suggested that core inflation continued to slow.

28.03 / 19:25

markets UPS Reuters economy film Actor show ‘Robust’ GDP growth to start 2024 puts Bank of Canada in tough spot: economists

The Canadian economy is outperforming expectations to start 2024, Statistics Canada data shows.

27.03 / 18:25

markets UPS Target trends Universities country Canada’s population hits 41M months after breaking 40M threshold

Nine months after reaching a population of 40 million, Canada has cracked a new threshold.As of Wednesday morning, it’s estimated 41 million people now call the country home, according to Statistics Canada’s live population tracker.The speed at which Canada’s population is growing was also reflected in new data released Wednesday by the federal agency: between Jan. 1 2023 and Jan.

22.03 / 17:19

FIVE Booking Sporting Slow car sales drag down retail in January, but there’s strength under the hood

Statistics Canada says retail sales fell 0.3 per cent to $67 billion in January as sales at new car dealers dropped.

19.03 / 15:41

markets UPS Provident Bill Cycling reports Rate Cut Canada's inflation rate slows more than expected, raising odds of Bank of Canada rate cut in June

Canada’s inflation rate slowed in February, putting a potential Bank of Canada interest rate cut on the table for the summer.

19.03 / 13:09

COST UPS Provident Fishing travelers Inflation dropped to 2.8% in February amid relief at grocery store

The annual rate of inflation ticked down in February amid relief at the grocery store, Statistics Canada said Tuesday.

15.03 / 20:15

economy wellness pandemic reports shock strain 40% of Canadian industries ‘highly vulnerable’ to supply shocks: StatCan

Forty per cent of Canadian industries are “highly vulnerable” to external demand and supply shocks, Statistics Canada says.

13.03 / 18:51

markets trends country rowing Stock market rally made Canadian households wealthier in Q4, StatCan says

Statistics Canada says households owed $1.79 in credit market debt on average for every dollar of disposable income in the fourth quarter.

08.03 / 21:01

markets economy Trade show track Algonquin reports TSX declines as sentiment turns uncertain following mixed U.S. jobs report

Investing.com —Canada’s main stock index, the S&P/TSX Composite, traded in the red by late-afternoon trading, tracking the S&P500 and Nasdaq lower as tech stocks retreated.

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