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Economy News

Economists paint bleak picture for Canada's first-quarter growth
BMO is the latest to downgrade growth expectations to just 0.5 percent for the first three months of the year, while HSBC says it's even possible that the economy will contract.
Posted on 3-23-2015 at 11:23 AM
Canadian inflation rate holds at 1% thanks to cheaper gas
Canada’s inflation rate held at the bottom of the central bank’s target band in February as falling gasoline prices were countered by higher costs for home insurance and meat.
Posted on 3-20-2015 at 9:05 AM
Alberta facing steeper deficit than expected, TD Bank report warns
Alberta could be facing a deficit even steeper than the $7 billion shortfall they’re bracing for, a TD Bank report said Thursday.
Posted on 3-19-2015 at 2:29 PM
Four insights into how Canada’s middle class is really faring
“While the middle class has seen its income grow, it has not kept pace with the income growth rate of higher-earning groups.”
Posted on 3-19-2015 at 12:35 PM
Slammed by oil crash, Canada takes major hit in new OECD forecast
Among the G7, no other country will be affected to the same extent.
Posted on 3-18-2015 at 9:10 AM
More Canadians travelling abroad for medical care: study
The survey showed that physicians specializing in procedures such as colonoscopies, gastroscopies and angiographies reported the highest number of patients leaving Canada for treatment.
Posted on 3-17-2015 at 9:52 AM
Factory sales drop 1.7% on latest petroleum plunge
Sales dropped 1.7 percent to $51.4-billion, Statistics Canada said Tuesday in Ottawa. Economists forecast a 1.2-percent decline, according to the median of a Bloomberg survey with 18 responses
Posted on 3-17-2015 at 8:54 AM
Lukewarm jobs report masks underlying economic weakness
4,000 jobs have been created across Canada this year, but when public sector numbers are factored out the figure is 28,000 in the red.
Posted on 3-14-2015 at 7:45 PM

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