New data from StatsCan shows the drop was more significant in larger companies and foreign-controlled businesses
Growth forecast revised up, rate cuts still slated for second half
Delinquencies, charge-offs rose in Q4 as financial stress intensified
Merchandise trade down for the year, services trade up
For the first time, millennials outnumber baby boomers, thanks to robust immigration
While Canada turned positive, fourth quarter GDP slowed in G7
Shelter costs skewing economic picture, impairing monetary policy
Drop of 2.9% in January was a sharper deceleration than expected by forecasters
Financial strains continue amid high rates, but recession risk receding
However, sales in the motor vehicle and motor vehicle parts and accessories subsector fell