Search results
Jun 19, 2024 · The Bank of Canada has taken many actions to support Canadians since the COVID-19 pandemic struck. These include large-scale asset purchases—buying a substantial amount of government bonds and other financial assets. Our purchases serve two purposes. They help key financial markets work properly, and they can help increase spending in the ...
Jun 7, 2024 · Statistics Canada’s latest labour force survey Friday showed the economy added 27,000 jobs last month – too modest of a gain to keep the unemployment rate from rising by a tenth of a percentage point to 6.2 per cent. The report, which came in largely as forecasters had expected, suggests the Canadian labour market is trudging along but ...
May 31, 2024 · Gross domestic product in the first quarter expanded at a 1.7% annualized pace, Statistics Canada reported Friday in Ottawa. That’s slower than a Bloomberg survey median estimate of 2.2% and the ...
5 days ago · Paladin Energy Ltd.’s $1.14 billion offer to buy Canadian mining firm Fission Uranium Corp. is all about geography. The all-stock deal will give Australia’s Paladin operational control of one of the most advanced mining projects in western Canada’s Athabasca Basin, a remote area in Saskatchewan that’s loaded with high-grade uranium.
Jun 5, 2024 · Canada has lagged behind the U.S. on this metric since at least the 1980s, but as things stand today Canada’s economy is about 30 per cent less productive than its southern neighbour. That works out to about $20,000 per worker and it’s trending in the wrong direction, he said.
Jun 10, 2024 · The Bloomberg Nanos Canadian Consumer Confidence index — a measure of economic mood — rose to 54 last week, the highest since May 2022. The index gained about three points in the last month. A ...
Jun 20, 2024 · Prime Minister Justin Trudeau’s government is preparing potential new tariffs on Chinese-made electric vehicles to align Canada with actions taken by the U.S. and European Union, according to people familiar with the matter. The government still has to make final decisions on how to proceed, but it’s likely to announce soon the start of ...
