Interest Rate Announcement: Canada’s Economic Outlook and the December 2024 Decision
Fatih Sahin The Bank of Canada (BoC) will announce its latest decision regarding the overnight rate target on December 11,…
Economy
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…
Canada’s Trade Balance Shifts to Surplus in July Amid Decline in Imports
Canada has seen fluctuations in its international trade, particularly in the automotive sector, contributing to a trade surplus…
Shifts in Canada’s Job Market: Declining Vacancies Across Key Sectors
The Canadian job market exhibited significant shifts in June 2024, with notable declines in job vacancies across various…
Liberal Government Unveils Key Economic and Immigration Policy Shifts
As the Liberal government’s poll numbers continue to slide ahead of the upcoming election, Prime Minister Justin Trudeau…
Canadian Businesses Face Cost Challenges but Remain Optimistic
Canadian businesses continue to navigate a challenging economic landscape, with cost-related obstacles remaining a significant concern in the…