Economic Indicators

Economy dipped 0.1% in January: Statistics Canada

The Canadian economy contracted 0.1% in January, hurt by unscheduled maintenance shutdowns in the oilpatch and weakness in the real estate sector following mortgage rule changes, Statistics Canada said Thursday. The agency said the drop in real gross domestic product for January compared with growth of 0.2% in December. Economists had expected an increase of […]

By Staff, with files from The Canadian Press |March 29, 2018

2 min read

Aging population has reduced monetary policy’s effectiveness: C.D. Howe

Seniors, who tend to borrow less, have changed how lower interest rates impact inflation.

By Staff |March 27, 2018

2 min read

Quebec spends on health, education in pre-election budget

The final Quebec budget before the provincial election sets aside big money for health and education as well as more help for families—areas expected to become campaign battlegrounds in the lead-up to October’s vote. While annual spending growth has averaged 2.4% since 2014-15, the 2018-19 budget increases it by 5.2% and promises $16 billion in […]

March 27, 2018

4 min read

Inflation surpasses BoC’s target. Now what?

The main driver was the higher price of gasoline

By Staff, with files from The Canadian Press |March 23, 2018

3 min read