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Economy News

Canada manufacturing growth at 9-month high in August

Canada manufacturing growth at 9-month high in August

The pace of growth in the Canadian manufacturing sector edged up in August to a nine-month high, helped by modest improvement in new orders and employment, data showed on Tuesday.

Posted on 9-02-2014 at 12:11 PM
Ottawa posts $1.6-billion budget surplus in June

Ottawa posts $1.6-billion budget surplus in June

Canada registered a $1.57 billion budget surplus in June, which moved the first three months of the fiscal year into surplus as well, with revenues up and program expenses down, the Finance...

Posted on 8-29-2014 at 2:48 PM

Canada’s economy expands at fastest rate in more than two years

Canada’s economy accelerated at its fastest pace in more than two years in the second quarter, fresh evidence the country could be emerging from a period of uninspiring growth.

Posted on 8-29-2014 at 9:39 AM

Jobs data error caused by botched program update

A high-profile error in Canada's official jobs data this month was caused by a botched update to a computer processing program at Statistics Canada, an official report into the incident...

Posted on 8-28-2014 at 12:55 PM

Bank of Canada won’t follow Fed’s lead on interest rates, Poloz says

Bank of Canada Governor Stephen Poloz wants to make something perfectly clear: When the Federal Reserve starts raising interest rates, Canada’s central bank won’t necessarily follow...

Posted on 8-25-2014 at 7:03 AM
Canadian inflation softer than expected in July

Canadian inflation softer than expected in July

Canada's annual inflation rate softened more than expected in July and the core rate unexpectedly fell, Statistics Canada said on Friday, weighed by a drop in prices of gasoline, clothing...

Posted on 8-22-2014 at 9:14 AM

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