Tag Archives: interest rates

CREA reports home sales fell in February amid tariff uncertainty
The Canadian Real Estate Association says home sales in February fell to their lowest level in more than a year as homebuyers stayed on the sidelines amid the uncertainty created by the trade war with...
Harvard Media Mar 17, 2025

Minimal job gains in February as unemployment rate holds at 6.6%: StatCan
The Canadian labour market felt a chill in February with employment "virtually unchanged" from the month before, Statistics Canada said Friday. The Canadian economy added just 1,100 jobs last month, t...
Harvard Media Mar 07, 2025
BoC delivers jumbo interest rate cut, signals slower pace of cuts moving forward
The Bank of Canada lowered its key interest rate by half a percentage point today but signalled a slower pace of rate cuts moving forward. The decision marked the fifth c...
Jon Troth Dec 11, 2024

Bank of Canada cuts key interest rate for first time in more than four years
The Bank of Canada cut its key interest rate for the first time in more than four years today, marking a major turning point in its fight against inflation. Governor Tiff Macklem says the Bank of Cana...
Harvard Media Jun 05, 2024
Inflation Up Slightly Nationally, and Down Slightly in Saskatchewan.
The inflation rate ticked up from 2.8 per cent in February to 2.9 per cent last month as we paid more for gasoline. Statistics Canada reports gas prices rose 4.5 per cent from a year ago, pa...
Harvard Media Apr 16, 2024
Canada's unemployment rate jumps to 6.1% in March as job growth comes to a halt
Canada's unemployment rate jumped to 6.1 per cent in March as more people looked for work, Statistics Canada reported Friday. The figure is up from 5.8 per cent in February and marks the largest incre...
Jon Troth Apr 05, 2024
Economy adds 41,000 jobs in February, unemployment rate rises to 5.8%
The Canadian economy added 41,000 jobs in February as employment gains continue to lag strong population growth in the country. The federal agency's labour force survey released Friday says the u...
Jon Troth Mar 08, 2024
2024 to bring slower food inflation as prices continue to moderate: report
Food prices will keep rising in 2024, though at a slower pace, according to the latest Food Price Report. The 14th annual report by Dalhousie University, the University of British Columbia, the Univer...
Harvard Media Dec 07, 2023
Unemployment rate rises to 5.8% in November as job market continues to cave
Canada's unemployment rate ticked up to 5.8 per cent last month, as high interest rates weigh on job creation at a time when the country's population is growing rapidly. Statistics Canada released its...
Harvard Media Dec 01, 2023
Statistics Canada says annual inflation rate slowed to 3.1% in October
The inflation rate slowed to 3.1 per cent on a year-over-year basis, down from 3.8 per cent in September, as the price of gasoline fell, Statistics Canada said Tuesday. The agency said the price drive...
Harvard Media Nov 21, 2023