Government promises funding in budget to expand Statistics Canada’s work on several fronts
The unemployment rate of 5.7% in December should be enough for the BoC to hike interest rates later in January, CIBC economist predicts
Canada’s trade deficit was $3.2 billion in September, essentially unchanged from the previous month
Combined with the 3.7% growth in Q1, the country saw its strongest six-month start to a calendar year in 15 years, StatsCan reported
Although the unemployment rate fell to its lowest point in almost nine years, the pace of growth slowed in July
The energy industry helped power growth in Canada’s GDP
Overall, the proportion of workers who are covered by a workplace pension is declining as well
The June number followed inflation readings of 1.3% in May and 1.6% in April, slipping further away from the Bank of Canada’s 2% target
There are signs that Canada’s economy is building momentum and the Bank of Canada could start raising interest rates on July 12
A rise in debt levels or wages, more favourable employment opportunities, or better health may be driving seniors to work, StatsCan reports