Statistics Canada News

Statistics Canada says retail sales fell 0.1 per cent to $66.1 billion in August as sales at new and used car dealers fell for the month.

Inflation cooled to 3.8 per cent nationally last month, Statistics Canada said Tuesday, down from 4.0 per cent in August and snapping a streak of two consecutive monthly accelerations.

Canadian job seekers are heading into a much different economic landscape this fall as the previously red-hot labour market cools and candidates face increased competition amid record immigration levels.

Canadian jobs data surprised again in September with a net gain of 63,800 positions, more than triple forecasts.

A surprisingly robust September jobs report could put the Bank of Canada in the position to raise interest rates again later this month, some economists are arguing.

With the cost of living running high, raising children is not cheap in Canada.

Canada’s economic growth was “essentially unchanged” in July, Statistics Canada said Friday, but there were signs growth was returning later in the third quarter.

Statistics Canada says retail sales rose 0.3 per cent to $66.1 billion in July, helped by the strength of sales at supermarkets and grocery stores.

By David Ljunggren and Steve Scherer

The annual rate of inflation picked up again in August, rising to four per cent, according to Statistics Canada.

Higher interest rates are putting Canadians off borrowing, Statistics Canada said Wednesday, while boosts in income are helping to offset higher debt-servicing costs.

The national unemployment rate was unchanged at 5.5 per cent in August amid a gain of 40,000 jobs, Statistics Canada said Friday.

By David Ljunggren and Steve Scherer

OTTAWA (Reuters) — Canada's trade deficit with the world narrowed to C$987 million ($722.97 million) in July, as imports were dragged lower by a west coast port strike while exports rose slightly, Statistics Canada said on Wednesday.

Statistics Canada said Friday.The economy contracted 0.2 per cent annually in the quarter, the agency said, which was enough for some economists to believe the Bank of Canada would keep its key interest rate on hold at its next decision Sept. 6.StatCan also revised down its earlier GDP figures for the first quarter to 2.6 per cent growth, down from 3.1 per cent.The pullback in the second quarter came as housing investment fell 2.1 per cent to post its fifth consecutive quarterly decrease.New construction dropped 8.2 per cent in the quarter, while renovation spending also fell 4.3 per cent.While Canadians spent more overall in the quarter, StatCan noted that on a per-capita basis, spending was down 0.7 per cent in Q2.An early estimate by the agency had estimated Q2 growth at an annualized rate of one per cent.

Canadian millennials, particularly those who own a home, are set to face steep interest costs and economic damage in the months ahead, according to a new report from RBC.

Retail sales flatlined in the second quarter while sales volume dropped 0.8 per cent, Statistics Canada said on Aug. 23, signs that economic activity is weakening as the Bank of Canada’s rate hikes take a deeper hold.

By Steve Scherer and Dale Smith

As more companies call workers into the office after the peak of the pandemic, a growing number of Canadians are now commuting to their work – and for many, it’s taking longer than before, new data shows.

Canada’s annual inflation rate rose at a faster pace than expected in July, threatening to complicate the Bank of Canada’s rate decision next month.

The annual rate of inflation rose to 3.3 per cent in July, Statistics Canada said Tuesday.