Statistics Canada reports economy contracted 0.2 per cent
Canada’s economy contracted by 0.2 per cent in November and experts warn more bad economic news could be on the way as widespread tariffs from United States President Donald Trump loom. Statistics Canada’s early estimates project the country’s gross domestic product (GDP) will climb 0.
Canada’s economy ended 2024 on an encouraging note, offering a positive handoff for the new year just as the country braces for the possible shock of tariffs.
The Canadian economy showed signs of life at the end of 2024, Statistics Canada said Friday as the deadline for threatened tariffs from the United States looms.
Statistics Canada projects the population could grow to just 45.2 million in the next 50 years on the low-end, or 80.8 million on the high-end.
Canadian wholesale trade most likely rose 0.1% in December from November, largely driven by higher sales in the motor vehicle and motor vehicle parts and accessories subsector, Statistics Canada said in a flash estimate on Monday.
Tend to walk around with a pocket of loose change? Royal Canadian Mint's hefty new coin will have you rethinking the size of your pockets.
For the first time since 2019, Canadian inflation stayed within the central bank’s target range for a full year, a mark of achievement for policymakers ahead of a potential tariff war that threatens to derail their progress.
Economic forecasts suggest the Bank of Canada will lower its key policy rate by 0.25 percent on Wednesday to 3 percent, according to BNN Bloomberg.
Mexico's economy suffered its first contraction in three years in the fourth quarter of 2024, official figures showed Thursday, as the country braces for US President Donald Trump's threatened tariffs.
Canadian factory sales most likely rose 0.6% in December from November, largely driven by increases in the petroleum and coal product as well as food subsectors, Statistics Canada said in a flash estimate on Friday.
As egg prices in the United States continue to rise, with no end in sight, the question remains: how will Canadian prices be affected by the bird flu?