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Economy News

Inflation rate picks up in July as food prices rise
Canada's annual inflation rate rose in July as higher prices for food and clothing offset the moderating effect of cheaper energy, data from Statistics Canada showed on Friday.
Posted on 8-21-2015 at 9:05 AM
Retail sales rose more than expected in June
Canadian retail sales rose more than expected in June, on higher gasoline prices and increased sales of electronics and appliances, data from Statistics Canada showed on Friday.
Posted on 8-21-2015 at 9:01 AM
Canada wholesale trade rebounds in June, rising 1.3%
The value of Canadian wholesale trade rebounded in June after a drop in May, rising 1.3 percent on broad strength across most of the economy, Statistics Canada said on Thursday.
Posted on 8-20-2015 at 9:52 AM
As oil prices drop, towns in Alberta's oilpatch feeling the pinch
Oil prices are the lowest they've been since the Great Recession and mayors in Alberta's oilpatch are noticing the difference.
Posted on 8-19-2015 at 10:27 AM
Economists caution against Harper’s focus on rising home-ownership rate
Stephen Harper is putting a new focus on Canada’s rising home-ownership rate, but some economists warn that pushing to drive it higher is a “wrong-headed” approach in an overheated market.
Posted on 8-18-2015 at 8:38 AM
Western Canada leads in first-quarter job vacancies: Statistics Canada
Resource-rich western Canada led the country in job vacancies in the first quarter, a new survey from Statistics Canada showed on Thursday.
Posted on 8-13-2015 at 9:32 AM
Why this portfolio manager is still shorting the loonie
China’s surprise devaluation of its currency is hitting the Canadian dollar hard – and providing yet another reason to short the loonie, Paul Taylor, CIO, Asset Allocation, BMO Asset Management tells BNN.
Posted on 8-11-2015 at 10:56 AM
Ontario to phase in new pension plan starting in 2017, with exceptions
The aim is to have every worker in the province covered by the Ontario Retirement Pension Plan by 2020, including the self-employed, if they don’t already have a workplace pension plan.
Posted on 8-11-2015 at 9:56 AM

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