Natural Resource Sector Shows Mixed Performance
Fatih Sahin The latest report on Canada’s natural resource sector revealed a mixed performance in the third quarter of 2024.…
Economy
Manufacturing Sector Shows Modest Growth in November 2024
Canada’s manufacturing sector saw a steady, increase in November 2024, marking a 0.8% rise in total sales to…
Building Permits in Canada Decrease by $739.5 Million
The value of building permits took a significant dip in November 2024, marking a second consecutive monthly decline.…
Labour Market Shows Positive Growth in December 2024
Employment in Canada experienced a solid boost in December, with an increase of 91,000 jobs, marking a 0.4%…
Interest Rate Announcement: Canada’s Economic Outlook and the December 2024 Decision
The Bank of Canada (BoC) will announce its latest decision regarding the overnight rate target on December 11,…
Canada’s Merchandise Trade Deficit Narrows in October 2024
Canada’s merchandise trade deficit showed signs of improvement in October 2024. The exports rose by 1.1% compared to…
Canadian Retail Sales Rise in September Amid Shifts Across Sectors
According to Statistics Canada’s latest report, retail sales saw a modest boost in September, climbing 0.4% to $66.9…
Canada’s Shrinking Job Market: Vacancies Plummet
The Canadian labour market continues to experience a notable shift as job vacancies fell by 59,000 (-9.2%) in…
Canadian Building Permits Surge in July
Construction sector witnessed a significant surge in building permits for July 2024, after experiencing consecutive declines in the…
Macklem Addresses Global Trade and Inflation Challenges
London, UK — Tiff Macklem, Governor of the Bank of Canada, delivered a significant address today at the…