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Tag: Statistics Canada

Canada / Finance/Business

Canada To Achieve $60 Billion In Savings In The Years Ahead, Reducing Size Of The Public Service

March 18, 2026March 18, 2026 - by cmedia

Toronto/CMEDIA: To reportedly achieve $60 billion in savings in the years ahead, Canada federal government is outlining how departments and agencies will reduce the size of the public service. A plan to …

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Canada

Canada’s unemployment rate surges to 6.7% as 84,000 jobs lost

March 13, 2026March 13, 2026 - by cmedia

Toronto/CMEDIA: Approximately 84,000 jobs reportedly were lost in February to Canada’s economy while the unemployment rate edged up to 6.7 percent, Statistics Canada said on Friday. Canada’s labour market suffered a setback, Largely …

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Canada / Finance/Business

Inflation cools to 2.2% as gas, grocery prices fall in Oct

November 17, 2025November 17, 2025 - by cmedia

Toronto/CMEDIA: Cheaper gasoline and groceries prices , Statistics Canada says, helped Canada bring inflation down to 2.2 percent in Oct. Gas prices fell at a faster rate in Oct compared …

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Canada / Finance/Business

Canada’s unemployment rate in Oct falls to 6.9% in Oct from 71% in Sept

November 7, 2025November 7, 2025 - by cmedia

Ottawa/CMEDIA:  With the addition of  67,000 jobs in Oct to the economy, Canadian unemployment rate fell to 6.9 in Oct against economists’ labour market expectations for a second month in …

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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 / Finance/Business

A Fall In Canada’s Gas Prices, Grocery Costs Hikes Its Inflation In Sep To 2.4%

October 21, 2025October 21, 2025 - by cmedia

Ottawa/CMEDIA: Annual changes in gas prices and persistent pressure at the grocery store caused Canada’s Inflation to jump higher in Sept, Statistics Canada said Tuesday.  Last month annual inflation accelerated to …

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Canada / Finance/Business

Canada’s population growth in 2nd quarter of 2025 is almost flat

September 24, 2025September 24, 2025 - by cmedia

Toronto/CMEDIA: According to new data from Statistics Canada,  Canada’s population growth was nearly flat in the second quarter of 2025 following similar figures at the start of the year. Canada’s slow population …

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Finance/Business

Canada’s rate of inflation heats up in June to 1.9%

July 15, 2025July 15, 2025 - by cmedia

Toronto/CMEDIA: Canada’s inflation rose to 1.9% in June  due to the hike in vehicle price Statistics Canada said Tuesday. The June price hike of up from 1.7 per cent in May was …

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Canada / Finance/Business

Canada Grocery prices increases have outpaced its overall inflation

May 21, 2025May 21, 2025 - by cmedia

Toronto/CMEDIA: In spite of Canada’s cooling of annual inflation last month, shoppers continue to see the cost of groceries rise at a faster rate, Statistics Canada says. The agency reported Tuesday that prices for food purchased …

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Canada / Finance/Business

Canada experiences more than expected largest monthly contraction

February 1, 2025February 1, 2025 - by cmedia

Ottawa/CMEDIA: Canada’s economy reportedly experienced more than expected largest monthly contraction of 0.2 percent in Nov  since Dec 2023 contracts, Statistics Canada said Friday. Led by a drop in output …

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