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By Staff The Canadian Press Posted February 9, 2024 7:38 am 1 min read Descrease article font size Increase article font size Statistics Canada is set to release January job numbers Friday morning. RBC says it expects Canadian employers added 10,000 jobs last month, which won’t be enough to keep …
Read More »Inflation dropped below 3% in June, entering Bank of Canada target range – National
Descrease article font size Increase article font size The annual rate of inflation cooled to 2.8 per cent in June, marking a milestone in the Bank of Canada’s efforts to fight raging price pressures. Statistics Canada said Tuesday that the slowdown in prices was “broad-based” but attributed most of the …
Read More »Grocery prices surged 10.6% in February even as inflation cooled overall: StatCan
The annual rate of inflation cooled to 5.2 per cent in February, Statistics Canada says, though Canadians continued to feel the pain of surging costs at grocery stores. The price of food purchased from the grocery store was up 10.6 per cent year-over-year last month, the agency said in its …
Read More »Canada’s economic growth was essentially flat in Q4, StatCan says – National
Canada’s gross domestic product (GDP) was “nearly unchanged” in the last quarter of 2022, Statistics Canada said Tuesday, ending a prolonged period of economic growth. Heading into the fourth quarter of 2022, the economy had grown for five consecutive quarters. Statistics Canada also said real GDP declined by 0.1 per …
Read More »Statistics Canada set to release January inflation rate as fuel prices soared – National
Statistics Canada is set to release its reading on inflation for January Tuesday morning. The federal agency’s consumer price index report will give insight on how high prices were in January compared with a year ago, as well as the month prior. Canada’s annual inflation rate has been slowing since …
Read More »Sales of vehicles, parts hit record high in November wholesale data: StatCan – National
By Staff The Canadian Press Posted January 19, 2023 9:36 am Descrease article font size Increase article font size Statistics Canada says wholesale sales rose 0.5 per cent month over month in November to $83.8 billion. The agency says the sales were boosted by the motor vehicle and motor vehicle …
Read More »Inflation driven by profits in few sectors, including oil and gas: report – National
A new report by the Centre for Future Work found that growth in corporate profits this year compared to pre-pandemic has been concentrated in a small number of sectors where consumer prices have also risen the fastest. Report author and economist Jim Stanford analyzed the profits of the 52 business …
Read More »New census data to shed light on Canada’s labour force, commuting habits – National
By Staff The Canadian Press Posted November 30, 2022 6:34 am Descrease article font size Increase article font size A new census release from Statistics Canada Wednesday is expected to shed light on how people got to work last year, and what kind of jobs they were doing. A notable …
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