Economy

Inflation hits record 8.9% in euro area, but economy grows

ING warns of ‘no imminent signs of relief’ as energy prices rise nearly 40% in eurozone

By Courtney Bonnell and Colleen Barry, The Associated Press |July 29, 2022

3 min read

Canadian economy avoids contraction in May, economists expect continued slowdown

StatsCan estimates 4.6% Q2 growth; manufacturing and construction saw the largest declines in May

By The Canadian Press |July 29, 2022

3 min read

Labour demand hits record high: StatsCan

Payroll employment dipped as job vacancies remain high

By Staff |July 28, 2022

1 min read

Income inequality rises following recessions: BoC

During economic downturns, the incomes of low earners were particularly hard hit and didn’t recover, research finds

By James Langton |July 28, 2022

3 min read