Bank of Canada Set to Announce Interest Rate Decision Tomorrow
Fatih Sahin The Bank of Canada is poised to make a significant announcement regarding its key interest rate tomorrow, with…
Economy
Canadian Universities See Financial Uplift Amidst Rising Costs
In the 2022/2023 academic year, Canadian universities experienced a notable financial improvement, with total revenue increasing by $2.2…
June 2024 Industrial and Raw Materials Price Index Analysis
In June 2024, the Industrial Product Price Index (IPPI) and the Raw Materials Price Index (RMPI) presented a…
Employment Insurance Trends Show Significant Increases in May 2024
In May 2024, Canada’s Employment Insurance (EI) landscape saw notable changes, with 464,000 citizens receiving regular EI benefits.…
Income and Wealth Inequality in Canada
In the first quarter of 2024, income and wealth disparities in Canada saw a significant shift, with the…
Canadian Manufacturing Sales See Modest Increase in May 2024
Canadian manufacturing sales experienced a slight uptick in May 2024, marking a 0.4% increase to reach $71.4 billion.…
Wholesale Trade in Canada Sees Decline in May
Wholesale sales in Canada, excluding petroleum, petroleum products, and other hydrocarbons as well as oilseed and grain, experienced…
Unemployment Rate Rises to 6.4%
The Canadian labour market experienced a series of nuanced shifts in June 2024, with the overall employment landscape…
Merchandise Trade Deficit Widens
In May 2024, Canada’s international merchandise trade landscape experienced a notable shift, with both exports and imports declining,…
GDP Increases by 0.3% in April 2024
Canada’s real gross domestic product (GDP) experienced a modest increase of 0.3% in April 2024, following a stagnant…