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Economy News

Canadian retail sales rise in March led by cars and food
Canadian retail sales rose 0.7 per cent in March, climbing for the second month in a row as consumers spent more on cars, food and alcohol, data from Statistics Canada showed on Friday.
Posted on 5-22-2015 at 11:55 AM
Canada’s April inflation slowest since 2013 on cheaper energy
Canada’s inflation rate last month was the slowest since October 2013, falling below the central bank’s target band on a drop in energy costs.
Posted on 5-22-2015 at 9:08 AM
ECB's Draghi calls for reform, points to Europe's modest prospects
The president of the European Central Bank reiterated his call on Friday for euro zone countries to reform their economies, warning that future growth would remain modest.
Posted on 5-22-2015 at 6:36 AM
Ottawa falls short providing solid labour data, study says
A new evaluation of the quality of labour-market information in Canada concludes the federal government is doing a “poor” job of delivering solid data.
Posted on 5-22-2015 at 6:16 AM
Unemployment lines grow longer in Alberta amid oil patch woes
Job prospects in Alberta grew even grimmer in March as Canada's energy powerhouse grapples with the fallout from the drop in oil and gas prices.
Posted on 5-21-2015 at 10:47 AM
Wholesale trade rises in March after two monthly declines
The building material and supplies subsector recorded the largest increase in dollar terms in March, rising by 2.8 percent after a 2.0 percent decline in February. The motor vehicle and parts subsector advanced by 0.7 percent
Posted on 5-20-2015 at 8:46 AM
Stephen Poloz comfortable leaving interest rates steady despite volatile climate
Stephen Poloz says the Bank of Canada is struggling to get a good reading on inflation due to a raft of temporary factors, including the oil price plunge and the cheaper Canadian dollar.
Posted on 5-19-2015 at 11:47 AM
AutoCanada sees Alberta as 'strongest' market despite oil crash
The slowdown in Alberta's oil-dependent economy hit car dealerships and dented AutoCanada's sales, where nearly half of its 48 dealerships are located.
Posted on 5-19-2015 at 4:54 PM

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