Canadian Household Economic Accounts: Income Gap Narrows, Wealth Gap Widens
Fatih Sahin Statistics Canada has released a crucial report shedding light on the financial landscape of Canadian households for the…
Economy
Canadian Job Market Faces Challenges
Canada’s job market has hit a roadblock in July 2023, with payroll employment remaining stagnant and job vacancies…
Rising Inflation Challenges Trudeau’s Government: Can They Tackle the Crisis?
The latest Consumer Price Index (CPI) data for August 2023 has raised alarm bells as inflation continues to…
Job Vacancies in Canada Fall for Fourth Consecutive Quarter: What It Means for the Labor Market
In the latest report on job vacancies for the second quarter of 2023, released by Statistics Canada, a…
Canada’s 2024 Employment Insurance Premium Rate Confirmed: What It Means for Canadians
The Canada Employment Insurance Commission has just unveiled the highly anticipated 2024 Employment Insurance (EI) premium rates, which…
Employment Gains Struggle to Keep Pace with Population Growth in August 2023
The latest Labour Force Survey, released today, paints a mixed picture of Canada’s labor market in August 2023.…
Bank of Canada Maintains Policy Rate, Continues Tightening Measures: What Does It Mean?
In a highly anticipated decision, the Bank of Canada has chosen to maintain its current policy rate at…
Why Canadians Feel Inflation Differently
Inflation, soaring at an annual rate of 3.3% in July 2023, has become a pressing concern for Canadians…
Bank of Canada’s Rate Increase: Impacts on Economy and Life in Canada
Today, the Bank of Canada announced a 25 basis point increase in its target for the overnight rate,…
Bank of Canada Interest Rate Announcement and the Impact on the Canadian Economy
The Bank of Canada is set to make an important decision on the target for the overnight interest…