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Inflation unchanged at 1.7% in May as rental price growth slowed

The annual pace of inflation held steady at 1.7 per cent in May as cooling shelter costs helped tame price pressures, Statistics Canada said on Tuesday. Shelter costs rose three per cent in May, StatsCan said, marking a slowdown from 3.4 per cent in April. The agency singled out Ontario as …

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Canada’s unemployment rate unchanged in February 

Canada’s unemployment rate was unchanged in February, holding steady at 6.6 per cent, Statistics Canada said on Friday. Job growth also barely changed from the previous month, with just 1,100 jobs added. Employment rose in wholesale and retail trade, and in finance, insurance, real estate, rental and leasing. Jobs declined in professional, …

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Unemployment rate unchanged at 6.5%

Canada’s unemployment rate was unchanged in October at 6.5 per cent, while job growth was little changed from the previous month, Statistics Canada said on Friday. The economy added 14,500 jobs last month, about half of what economists were expecting. The jobs were driven by full-time employment, with more people employed …

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