Trade Deficit Widens as Imports Outpace Export Gains in February
Fatih Sahin Canada’s merchandise trade deficit widened to $5.7 billion in February, up from $4.2 billion in January, as imports…
Fatih Sahin
Canada’s Growth Stalls in January as Manufacturing and Housing Weaken
Canada’s economy grew 0.1% in January, continuing a slow start to the year with limited momentum across key…
Alberta bill would ban misleading political deepfakes
Alberta’s justice minister has introduced a new bill that would ban misleading political deepfakes and make a series…
EI rolls dip in January
A total of 555,000 Canadians received regular EI benefits in January, down 1.9% from the previous month. Despite…
LaGuardia safety system did not issue alert before fatal collision
U.S. investigators say a key runway safety system at New York’s LaGuardia Airport did not issue a warning…
Auto Sales Drive January Retail Gains
Retail sales rose 1.1 percent to $70.7 billion in January, with most of the increase coming from vehicle…
Air Canada pilots killed after plane collides with fire truck at New York’s LaGuardia Airport
Two pilots were killed after a regional jet arriving from Montreal struck an airport fire truck at New…
Foreign Investment in Canadian Bonds Drives January Capital Inflows
Foreign investors sharply increased their holdings of Canadian securities in January. Statistics Canada reported $46.7 billion in foreign…
Residential Construction Declines Weigh on January Building Investment
Investment in building construction fell in January, mainly due to weaker residential activity. Total investment declined 1.9% to…
Bank of Canada Holds Rate at 2.25%
The Bank of Canada held its key interest rate at 2.25 percent on Wednesday, keeping borrowing costs unchanged…