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Tag: Canada economy

Canada / Finance/Business

Canada’s economy shrank 0.3% in Aug

October 31, 2025October 31, 2025 - by cmedia

Toronto/CMEDIA: Against widespread expectations,  Canada’s economy shrank in August with no growth, Statistics Canada data showed on Friday. Canada’s  economy might escape a recession in the third quarter, according to the advanced …

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Canada / Polical Science / Politics

‘After my visit to UN Gen Assembly…assure Canadians…light…possibilties’: Carney

September 24, 2025September 24, 2025 - by cmedia

New York/CMEDIA: Canada’ Prime Minister Mark Carney reportedly sees many possibilities for Canada after he attended the United Nations (UN) General Assembly in New York this week, where the US …

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Canada/US

Canada’s new PM, Mark Carney is eager to connect with US Pres Trump

March 16, 2025March 16, 2025 - by cmedia

Ottawa/CMEDIA: Canada’s new Prime Minister Mark Carney reportedly looks forward to a conversation with U.S. President Donald Trump “as soon as possible.”  The Canadian side has reached out to the U.S. …

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Canada / Finance/Business

Canada’s addition of 47,000 new jobs in Sept lowers unemployment rate

October 11, 2024October 11, 2024 - by cmedia

CMEDIA/Toronto: The Canadian labour market’s addition of  47,000 jobs in Sept led to the decline of the unemployment rate for the first time since January to 6.5, Statistics Canada reported …

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Finance/Business / World

Global economic prospects remain subdued, uncertain amid ongoing geopolitical rifts, AI advancement: World Economic Forum Reports

January 15, 2024January 15, 2024 - by cmedia

#GlobalEconomy, #Economy, #WorldEconomicForum, #AI, #Wars IBNS: Global economic prospects remain subdued and fraught with uncertainty, according to the latest Chief Economists Outlook released today, as the global economy continues to grapple with headwinds from …

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Canada / Finance/Business

Canada’s economy shrank in third quarter, but is above recession, Statistics Canada says

November 30, 2023November 30, 2023 - by cmedia

#CanadaEconomy; #ShrinkingEconomy; #ThirdQuarter, #StatisticsCanada Ottawa/CMEDIA: Amid weak business and consumer spending as well as lower exports, the Canadian economy shrank in the third quarter, Statistics Canada reported. The gross domestic product …

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Canada / Finance/Business

Canada’s cooling economy leads Bank of Canada to hold interest rate steady at 5 percent

September 6, 2023September 6, 2023 - by cmedia

Bank of Canada. Image credit: Wikimedia Commons #CanadaEconomy; #CanadaInflation; #BankOfCanada; #InterestRateSteady With Canada’s economy reportedly showing more and more signs of cooling, the Bank of Canada opted to hold its …

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Canada / Finance/Business

Canada’s carbon pricing poses a $256 billion financial risk for borrowers and banks, study

June 18, 2023June 18, 2023 - by cmedia

By putting a price on the cost of carbon, the Government of Canada aims to curtail greenhouse gas (GHG) emissions, but it comes with an increased risk for financial lenders …

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Finance/Business

Canadian economy’s strong start to 2023 was short lived, new data suggests slowdown has begun

April 29, 2023April 29, 2023 - by cmedia

Representative Image of Canada’s cooling economy. Image credit Unsplash/Towfiqu Barbhuiya Ottawa/CMEDIA: Strong bounce back of the Canadian economy reportedly at the start of the year appears to have been short-lived, …

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Canada / Finance/Business

Canada’s economy to cool, force unemployment with rising interest rates, Canada Finance Minister

October 22, 2022October 22, 2022 - by cmedia

Canada’s Finance Minister Chrystia Freeland issued a warning to Canadians on Wednesday about the slowing of a once red-hot economy due to rising interest rates to be seen in the …

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