Statistics Canada

Economy continues to outperform, raising odds of rate hike next week Fallback Image Decorative pattern

Economic Indicators

Economy continues to outperform, raising odds of rate hike next week

Statistics Canada reports real gross domestic product grew at annualized rate of 3.1% in Q1

By Nojoud Al Mallees, The Canadian Press |May 31, 2023

2 min read

BoC might have to rethink rate pause as unemployment remains very low: economists BoC might have to rethink rate pause as unemployment remains very low: economists

Economic Indicators

BoC might have to rethink rate pause as unemployment remains very low: economists

Average hourly wages rose 5.2% but hiring is not happening as broadly

By Nojoud Al Mallees, The Canadian Press |May 5, 2023

3 min read

After economy posts strong start to 2023, new data suggests slowdown has begun After economy posts strong start to 2023, new data suggests slowdown has begun

Economic Indicators

After economy posts strong start to 2023, new data suggests slowdown has begun

February growth below forecast with contractions in manufacturing, wholesale and retail trade

By Nojoud Al Mallees, The Canadian Press |April 28, 2023

3 min read

Trade slows, stays positive, StatsCan reports Trade slows, stays positive, StatsCan reports

Economic Indicators

Trade slows, stays positive, StatsCan reports

Following a rise in January, imports and exports retreated in February

By James Langton |April 5, 2023

2 min read