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Tag: Canadian economy
Canada Adds 62,000 Jobs as Unemployment Falls to 8.5%
Canada’s coronavirus recovery continued in November as employment rose by more than 62,000 and unemployment dropped to 8.5 percent. The Canada jobs Labour Force Survey
Canada’s Coronavirus Recovery Slows, But Continues, With 84,000 Jobs Added
Canada saw its unemployment rate edge down as it added 83,600 jobs in October, despite many provinces reimposing restrictions due to the second wave of
Canadian Economy to Experience Long Term Slow Growth
A report published as part of the autumn edition of the Bank of Canada Review, a twice-yearly collection of academic papers by bank economists, concludes
Survey Shows Renewed Optimism in Canadian Economy (Audio)
A survey of professional accountants in leadership positions by the Chartered Professional Accountants (CPA) of Canada reveals that optimism in Canada’s economic performance is gradually
Canada Lags Behind the US in Job Market Performance
The American job market has beaten Canada’s by the biggest margin in 21 years. Bank of Montreal chief economist Doug Porter said that although jobs
How the Bank of Canada Has Performed in 2015
Stephen Poloz has kept markets on edge ever since an unexpected rate cut to the Bank of Canada’s key interest rate in January, the first
Canadian Economy Heavily Reliant on Non-permanent Residents (Audio)
According to a report by the CIBC, the number of non-permanent residents in Canada has more than doubled over the past decade. In total, there
Beyond Petroleum
Canadian Prime Minister, Stephen Harper recently made the statement, ‘The oil industry isn’t remotely the entire Canadian economy.’ While this is not a startling statement
Canada’s Economy Beats Forecasts, Grows 0.3% in October
The Canadian economy performed surprisingly positively in October and is set to extend its broadly-based growth with higher exports to the U.S., but uncertainty remains