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advisor.ca > economy > economic-indicators > canadas-labour-market-is-static-after-a-year-of-u-s-tariffs-population-shift

Canada's labour market is 'static' after a year of U.S. tariffs, population shift

5+ hour, 27+ min ago  (1258+ words) The manufacturing sector has shed 51,800 jobs over the previous 12 months Thursday marks one year since U.S. President Donald Trump upended the global trading system with his "Liberation Day" duties " a major step in his wider tariff campaign that's hammered critical sectors…...

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advisor.ca > economy > economic-indicators > real-gdp-grew-0-1-in-january-statistics-canada

Real GDP grew 0.1% in January: Statistics Canada

2+ day, 5+ hour ago  (473+ words) Manufacturing declined, but mining, oil and gas activity rose New data released by Statistics Canada on Tuesday suggests the economy was rebounding in the first few months of the year after a mild contraction to close 2025. The agency said real…...

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advisor.ca > industry-news > industry > financial-leaders-pushing-for-new-approaches-amid-geopolitical-tensions

Financial leaders pushing for new approaches amid geopolitical tensions

1+ week, 1+ day ago  (707+ words) Rising risks will bring new costs, OSFI's Routledge says Rapidly shifting geopolitics is causing leaders in Canada's financial sector to push for measures to boost resilience even if it means accepting greater risk. National Bank chief executive Laurent Ferreira said…...

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advisor.ca > industry-news > industry > bank-of-canada-says-mendes-leaving-central-bank-kozicki-to-retire

Bank of Canada says Mendes leaving central bank, Kozicki to retire

1+ week, 3+ day ago  (209+ words) Deputy governor posts to filled via an internal recruitment process The'Bank'of Canada says deputy governor Rhys Mendes is leaving his post at the central'bank, while deputy governor Sharon Kozicki will retire later this year. The'bank'says Mendes, who was appointed a…...

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advisor.ca > economy > economic-indicators > feds-extend-ei-pilot-for-unemployed-workers-affected-by-u-s-tariffs

Feds extend EI pilot for unemployed workers affected by U.S. tariffs

1+ week, 5+ day ago  (254+ words) Temporary measures extended as unemployment holds steady at more than 6.5% The federal government is extending three temporary employment insurance (EI) measures aimed at workers who have lost jobs because of U.S. tariffs. In a release on Friday, the government said an…...

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advisor.ca > economy > economic-indicators > n-b-liberals-table-budget-with-historic-1-4b-deficit

N.B. Liberals table budget with historic $1.4B deficit

2+ week, 2+ day ago  (334+ words) Health care spending to rise 17.4% as public service sees cuts The New Brunswick government says its investments in health care have helped push the budget into a record deficit. Introduced on Tuesday, the budget's $1.4-billion deficit is the largest in…...

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advisor.ca > economy > economic-indicators > household-net-worth-grew-in-q4-as-savings-rate-softened

Household net worth grew in Q4 as savings rate softened

2+ week, 3+ day ago  (436+ words) Canadians poured $96.2B into mutual funds, a new quarterly record Canadian households" wealth grew by $230 billion in the fourth quarter of 2025, ending the year at $18.6 trillion " adding more than $1 trillion (5.8%) in wealth for the year, according to Statistics Canada. Appreciating financial…...

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advisor.ca > economy > economic-indicators > annual-inflation-cools-to-1-8-in-february

Annual inflation cools to 1.8% in February

2+ week, 2+ day ago  (958+ words) Economists expect oil shock will fuel higher inflation in months ahead Inflation was showing signs of easing in February but economists warn price relief will be short lived as the war in the Middle East fuels surging energy costs. Statistics…...

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advisor.ca > economy > economic-indicators > canada-sees-steep-job-losses-of-84000-in-february

Canada sees steep job losses of 84,000 in February

2+ week, 6+ day ago  (892+ words) Very bad" jobs report pushes unemployment rate to 6.7% Statistics Canada reported a sharp drop in employment Friday that caught economists by surprise. This was a very bad report on almost every single measure," said CIBC senior economist Katherine Judge. In…...

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advisor.ca > economy > economic-indicators > statcan-reports-merchandise-trade-deficit-3-6b-in-january

StatCan reports merchandise trade deficit $3.6B in January

3+ week, 6+ min ago  (186+ words) The agency reported a $1.3 billion trade deficit in December Statistics Canada says the country's merchandise trade deficit increased to $3.6 billion in January as exports of motor vehicles and parts fell to their lowest level since September 2021. The result compared with…...