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News
Statistics Canada to report May GDP and early look at Q2 economic results
56+ min ago (164+ words) OTTAWA — Statistics Canada is set to give an early look at how the economy fared in the second quarter of the year. The agency is expected this morning to report real gross domestic product results for May as well as…...
Bank of Canada holds key rate steady as confidence grows in economic rebound
2+ week, 1+ day ago (923+ words) OTTAWA — The Bank of Canada struck a somewhat optimistic tone about the economy after holding its policy rate steady on Wednesday but officials warned that instability in the Middle East is still weighing heavily on the outlook. The central bank’s…...
Solid April GDP rebound suggests Canada is not in a recession: economists
1+ mon, 16+ hour ago (873+ words) OTTAWA — The economy sprung back to life in April with solid enough growth to dismiss the spectres of a recession, according to economists weighing in on the latest data Tuesday. Statistics Canada said real gross domestic product rose 0.5 per cent…...
These economists are worried Canada has a data quality problem
1+ mon, 6+ day ago (1031+ words) OTTAWA — Most economists, including at the Bank of Canada, were a bit surprised when Statistics Canada reported late last month that the economy contracted slightly over the first three months of the year. The consensus estimate among economists and monetary…...
Alberta to lead Canada in economic growth in 2026 says ATB
1+ mon, 2+ week ago (221+ words) ATB Financial says that “Alberta’s economy continues to weather the geopolitical storm better than most.” ATB is predicting that Alberta will lead the country in economic growth this year. It says in a news release that “real GDP will grow…...
Is Canada in a recession? What to know after a volatile week of economic data
1+ mon, 3+ week ago (1215+ words) OTTAWA — There was one word on the lips of many Canadians economists, politicians and journalists this past week: recession. Recent economic data has painted a mixed picture of Canada’s economy, and some interpretations make the argument for a recession. Here’s…...
Too soon to call recession, rules Canadian authority on economic downturns
1+ mon, 3+ week ago (209+ words) OTTAWA — The unofficial authority on recession calls in Canada says it’s too soon to use that word to describe the sluggish economy. Debate has raged on Parliament Hill over whether the country is in a recession since Statistics Canada reported…...
Canada loses 18,000 jobs in April, unemployment rate rises to 6.9%
2+ mon, 3+ week ago (15+ words) Lethbridge News Now...
Iran war adds new uncertainty to the Bank of Canada’s already clouded lens
4+ mon, 2+ week ago (1012+ words) OTTAWA — The Bank of Canada will be balancing a last-minute flood of economic data with uncertainty around trade and war in the Middle East as it prepares to make its second interest rate decision of 2026 this week. Economists say the…...
Economic uncertainty must not become financial market instability: Macklem
4+ mon, 3+ week ago (504+ words) OTTAWA — The head of the Bank of Canada warns new players in global debt markets aren’t as closely monitored as traditional banks, which could drive new risks in a period rife with uncertainty. Governor Tiff Macklem is in Toronto on…...