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Economy News

Economy posts unexpected jobs gain in March on part-time work
Canadian employment rebounded in March, with an unexpected gain powered by services from retailing to transportation and part-time work.
Posted on 4-10-2015 at 8:41 AM
Weak economy to drag loonie lower over next 12 months
The Canadian dollar will not gain back any ground against its U.S. counterpart in the coming year as the resource-dependent economy feels the pinch of low crude oil and commodity prices, a Reuters poll found.
Posted on 4-09-2015 at 11:36 AM
Private sector economists see 2015 growth at 2%: survey
Canadian economists who provide the growth forecasts that will be used by the federal government in its April 21 budget see the economy expanding by 2 percent this year as the price of oil stabilizes, according to a Reuters survey.
Posted on 4-09-2015 at 8:26 AM
Economic hit spreads beyond oil patch: Bank of Canada
The hit to jobs and investment from the oil price plunge is spreading beyond the oil patch, according to businesses surveyed by the central bank.
Posted on 4-06-2015 at 10:45 AM
Canada’s trade deficit narrows as energy exports climb 14.9%
Canada’s merchandise trade deficit narrowed in February as prices for exported energy recovered from lows set during a crude oil crash last year.
Posted on 4-02-2015 at 9:29 AM
Royal Bank of Canada selling Suriname unit to Republic Bank
Royal Bank of Canada said on Wednesday it has entered into a definitive agreement to sell its Suriname operations to Republic Bank Ltd, as it continues to exit some of its marginal operations in the Caribbean region.
Posted on 4-01-2015 at 11:20 AM
Oil gains in New York after report shows crude output drop
Oil advanced after a government report showed that U.S. crude production declined from the highest level in more than three decades.
Posted on 4-01-2015 at 11:53 AM
Canada's economy at a glance
Statistics Canada says the country's gross domestic product fell 0.1 percent in January, weighed down by weakness in the wholesale and retail sectors. Here's a break down of Canada's entire economic picture.
Posted on 3-31-2015 at 11:32 AM

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