Canada has officially slipped into a technical recession after the country’s economy recorded a second consecutive quarterly decline in real gross domestic product, according to new data released by Statistics …
Canadian economy
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The Bank of Canada says Canada’s financial system has remained resilient despite mounting global uncertainty, though central bank officials warn that international risks continue to grow. In its latest annual …
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Politics
Trudeau Criticizes Poilievre for Failing to Set Politics Aside Amid Trump’s Tariff Threat
Trudeau Criticizes Poilievre for Failing to Set Politics Aside Amid Trump’s Tariff Threat Prime Minister Justin Trudeau has accused Conservative Leader Pierre Poilievre of prioritizing partisanship over national interests as …
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Canada Reacts to Trump’s Tariff Threat: Leaders Clash on Response Strategy Canada’s political leaders are grappling with how to respond to Donald Trump’s latest threat to impose a 25% tariff …
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Trudeau to Convene Premiers Amid Trump’s Threat of Steep Canadian Tariffs In response to U.S. President-elect Donald Trump’s threat to impose a 25% tariff on Canadian goods, Prime Minister Justin …
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Will the Canadian Dollar Drop Below 70 Cents US The Canadian dollar, or loonie, has plunged to its lowest value in five years, raising concerns about further declines. Outside of …
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Business
Canada’s Unemployment Rate Holds Steady at 6.5% Amid Modest Job Growth
by Adetoun Tadeby Adetoun TadeCanada’s Unemployment Rate Holds Steady at 6.5% Amid Modest Job Growth Canada’s unemployment rate remained unchanged at 6.5% in October, according to the latest data from Statistics Canada. The economy …
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Business
Immigration Bolstered Canada’s Economy in 2023, But Policy Shift Raises Concerns for Future Growth
Immigration Bolstered Canada’s Economy in 2023, But Policy Shift Raises Concerns for Future Growth A reduction in immigration could hinder Canada’s economic momentum and exacerbate labor shortages, according to economists …
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Five Key Takeaways from the Bank of Canada’s Interest Rate Decision OTTAWA – The Bank of Canada (BoC) will announce its latest interest rate decision and release its updated monetary …
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Bank of Canada Governor Tiff Macklem Talks Inflation and Global Trade Challenges Topic: Bank of Canada Governor Tiff Macklem Discusses Inflation and Global Trade at Economic Summit Story Summary: …