Finance News – Statistics Canada
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Inflation rate rose slightly to 1.9% in June as vehicle and clothing prices climb
The modest increase in the inflation rate to 1.9% in June reflects higher costs in sectors such as transportation and apparel, impacting overall consumer expenses and economic indi...
Read Full Article →Canada's GDP shrank in April, with hefty decline in manufacturing
Canada experienced a slight contraction in economic output during April and May, driven primarily by reduced industrial production, according to preliminary figures released by Sta...
Read Full Article →Inflation unchanged at 1.7% in May as rental price growth slowed
Canada’s steady inflation rate of 1.7 percent in May reflects a moderation in housing costs, which plays a key role in overall consumer price trends and economic stability.
Read Full Article →Manufacturing sales fall 2.8 per cent in April, biggest monthly drop since 2023
The decline in manufacturing sales during April highlights a notable economic impact, reflecting challenges faced by the industry amid ongoing trade tensions with the United States...
Read Full Article →Canada's unemployment rate ticks up to 7% in May, highest in 9 years outside of pandemic
The recent increase in Canada's jobless rate to seven percent may impact economic growth and influence government policy decisions regarding labor markets and social support progra...
Read Full Article →Canada's GDP grew by annualized rate of 2.2% in first quarter
The Canadian economy expanded at an annualized pace of 2.2% in the first quarter, surpassing forecasts and indicating stronger-than-anticipated economic performance.
Read Full Article →Trump triggers an exodus of foreign money from Canadian stocks
In the first quarter, foreign investors withdrew a historic $35 billion from Canadian equities, highlighting a substantial shift in international capital flows influenced by recent...
Read Full Article →Inflation rate drops to 1.7% in April, driven by lower energy prices after carbon tax removal
Canada's cost of living increased at a slower pace in April, largely due to reduced energy expenses following the elimination of the federal consumer carbon tax, impacting overall...
Read Full Article →Canada's unemployment rate ticked up to 6.9% in April, matching pre-pandemic high
The recent rise in Canada's jobless rate to 6.9% highlights ongoing challenges in the labor market, potentially influencing economic growth and government policy decisions.
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