Canada
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US Economic
Canada failed to add jobs in December
The Canadian economy is slipping into no-growth territory. In December, Canada lost 23,500 full-time jobs, replaced by a gain of…
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US Economic
Inflation in Canada stayed steady at 3.1%
Canada’s inflation in November failed to make progress, staying steady at 3.1%. But core inflation apart from housing and food…
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US Economic
Bank of Canada holds at 5% as excess demand is stomped out
In an acknowledgment of the economy’s surprise contraction in the third quarter, the Bank of Canada on Wednesday shifted its…
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US Economic
As Canada pledges to restrain spending, it confronts a housing crisis
With Canada’s debt and interest payments rising, the federal government pledged this week to exercise restraint in spending. The announcement,…
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US Economic
Canada sees disinflation as gasoline prices ease
Canada’s consumer price index in October speaks loud and clear: Disinflation is here, and no more rate hikes by the…
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US Economic
Canada continues to bet on immigration to boost growth
As Canada grapples with an aging population and a shrinking pool of available workers, it has increasingly looked to immigration…
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US Economic
Bank of Canada holds at 5% as growth outlook softens
The Bank of Canada held its overnight rate at 5% on Wednesday and will continue its policy of quantitative tightening,…
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US Economic
Canada has an acute shortage of housing. Easing regulations would help solve that.
Canada’s housing crisis keeps getting worse. The latest Housing Supply Report by the Canada Mortgage and Housing Corporation concluded that…
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US Economic
Canada inflation surges 4%, exceeding forecasts
Inflation in Canada spiked far more than forecast in August, raising the prospect of another interest rate increase by the…
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US Economic
Soft landing likely as Canada added 40,000 jobs in August
A look at August’s job report reveals clear signs of a soft landing. Canada added 40,000 jobs, smashing expectations, and…
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