Retail sales up 0.3% in April to $70.1B
However, initial figures for May point to a 1.1% slide: Statistics Canada
- By: The Canadian Press
- June 20, 2025 June 20, 2025
- 09:35
However, initial figures for May point to a 1.1% slide: Statistics Canada
Countermeasures aim to protect domestic steel and aluminum industries from unfair trade practices
Ottawa’s defence, tax plans face scrutiny amid fiscal fog
Ontario, Nova Scotia, Montreal face biggest housing shortfalls
Bank holds rate at 4.25% amid Middle East tensions and global uncertainty
High defence spending masks deeper economic strains, economists warn at forum
U.S. central bank flags weaker growth and inflation risks amid global volatility
Credit card balances decline for the first time since late 2024, agency reports
BoC governor urges firms to look beyond U.S. as trade tensions and tariffs threaten growth
Auto exports to U.S. plunge nearly 25% as talks stall over escalating Trump tariffs
This marks the slowest increase since 2020 amid continued reductions in immigration levels
Stubborn food inflation and global uncertainty cloud outlook
Pace of hiring has slowed to 124,000 jobs a month from 168,000 last year
Economic impact of natural disasters goes beyond short-term, hurts investment, productivity, RBC economists say
Wide range of proposals, from market structure to broker conflict issues, dropped
One-fifth of those polled said they're putting more money aside due to geopolitical instability
Policymakers cited unpredictable U.S. trade policy, inflation in holding rate at 2.75%
Wage growth slowing as unfilled job numbers return to pre-pandemic levels: Statistics Canada
April saw largest monthly divestment from domestic bonds since 2018
Changes reflect higher spending on housing and vehicles
Fintechs warn delays risk stalling innovation, prolonging risky data-sharing
Unemployment and inflation remain low, but uncertainty around trade levies remains
Auto sales saw the sharpest decline, followed by spending at home and garden centres
Shipments to China rose 22% in the first half of 2025