Economy Shows Modest Growth in October 2024
Fatih Sahin Canada’s economy posted a 0.3% increase in real gross domestic product (GDP) in October 2024, reflecting a moderate…
Fatih Sahin
International travel in October nears pre-pandemic levels
Canada moved closer to pre-pandemic travel volumes in October, as nearly 2.3 million non-resident visitors entered the country…
Alberta Premier Danielle Smith Unveils New Compensation Model for Primary Care Physicians
Premier Danielle Smith, accompanied by Health Minister Adriana LaGrange and Alberta Medical Association (AMA) President Dr. Shelley Duggan,…
Canadian Building Construction Investment Declines in October, Residential Sector Takes a Hit
Investment in the building construction sector faced a setback in October 2024, marking a 1.1% decrease, or a…
Inflation Slows in November 2024, but Grocery and Shelter Prices Remain High
Canada’s inflation continued decelerating in November 2024, marking a noticeable slowdown in consumer price growth across various sectors.…
Freeland Resigns from Cabinet
Deputy Prime Minister and Finance Minister Chrystia Freeland announced her resignation from the federal cabinet. The decision came…
Canada’s Job Vacancies Decline at Slower Pace in Q3 2024
The labor market showed signs of easing pressure in the third quarter of 2024, as the rate of…
Canada’s October 2024 Building Permits Drop Amid Regional Variations
The total value of building permits issued in Canada saw a decrease in October 2024, falling by 3.1%…
Bank of Canada Cuts Interest Rate to 3.25%
The Bank of Canada has slashed its overnight policy rate by 50 basis points, dropping it to 3.25%…
Net International Investment Position Surges Amid Global Market Gains
Canada’s international investment position has surged in the third quarter of 2024, but the gains mask underlying risks…