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Economy News

Infographic: January a rough month for Canadian workers
It's been a rough first month of the year for Canadian workers. We tallied up just how many jobs were lost.
Posted on 1-28-2015 at 2:44 PM
Canada posts weakest annual job growth since 2009
Job growth in Canada was the weakest since 2009 last year and the labour force participation rate is lower than originally reported, suggesting there is less steam in the country’s labour market than first thought.
Posted on 1-28-2015 at 8:52 AM
Watch: BMO calls for loonie to drop to 76 cents US
Greg Anderson, Global Head of FX Strategy at BMO Capital Markets, looks at the latest movements in currencies.
Posted on 1-27-2015 at 1:07 PM
Traders signal deeper cuts after Bank of Canada's interest rate shocker
Bond traders reeling from the Bank of Canada’s shock interest-rate cut are betting Governor Stephen Poloz will do it again.
Posted on 1-26-2015 at 10:35 AM
Loonie will drop to 78.1 cents US in three months: Goldman Sachs
Goldman Sachs predicts the Canadian dollar will drop below the 80-cent threshold in three months as low oil prices weigh on the economy.
Posted on 1-26-2015 at 1:00 PM
Economist warns rate cut may create ‘grotesque’ debt skew
The Bank of Canada’s surprise cut to borrowing costs this week threatens to tilt an already lopsided economy into one that is grotesquely skewed toward housing and consumer spending, said Bank of Montreal’s Doug Porter.
Posted on 1-24-2015 at 9:51 AM
Finance Minister won’t interfere with banks on rates
Canadian Finance Minister Joe Oliver said he won't pressure the nation's banks to follow the Bank of Canada's latest interest-rate cut, or take steps to influence the housing market.
Posted on 1-23-2015 at 2:49 PM
Plunging gasoline prices weigh on inflation rate
Canada’s inflation rate slowed to 1.5 percent in December, as the effects of cheaper gasoline countered accelerating prices on most other items.
Posted on 1-23-2015 at 8:52 AM

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