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Tag: Statistics Canada

Finance/Business

Statistics Canada’s new report creates doubts of Canada’s claims of prevailing labour shortage

May 27, 2023May 27, 2023 - by cmedia

Ottawa/CMEDIA:  Statistics Canada’s new report that Canada is facing a widespread labour shortage has led labour economists to argue that high job vacancies aren’t due to a shortage of workers. According to the …

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Canada / News

Canada experiences 60% hike in homeless support workers over 5 years

May 14, 2023May 14, 2023 - by cmedia

Toronto/CMEDIA: With increase in homelessness in Canada, there is a reportedly a corresponding increase in the number of workers in the homelessness support sector. An increase of 60.7 percent workers …

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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 annual inflation rate fell to 4.3% in March, its lowest level since August 2021

April 18, 2023April 18, 2023 - by cmedia

Ottawa/IBNS: Canada’s annual inflation rate fell to 4.3 percent in March, its lowest level since August 2021, Statistics Canada reported Tuesday. Canada’s inflation slowed from 5.2 percent in Februaryf, continuing along …

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Canada / Finance/Business

Canadian international merchandise trade surplus in Jan 2023 widens: Statistics Canada

March 11, 2023March 11, 2023 - by cmedia

Representative Image of Canada’s International Merchandise Trade by Pavel Neznanov on Unsplash Ottawa/CMEDIA: An increase in both Canada’s merchandise exports by 4.2 percent, and imports by 3.1 percent in Jan …

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Canada

Calgary has a lower crime rate compared to Canada’s other major cities, Stats Canada says

January 4, 2023January 4, 2023 - by cmedia

According to Statistics Canada’s crime severity index (CSI), which measures the severity of crime in a given area, Calgary is generally considered a safe city, with a lower crime rate …

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Finance/Business

Canada’s annual inflation rate drops slightly to 6.9% in Sept, but grocery bills soaring: Stat Canada

October 19, 2022October 19, 2022 - by cmedia

Toronto: Although Canada’s annual inflation rate dropped slightly in September to 6.9 percent, the cost of groceries continues to soar, Statistics Canada reports. The price of grocery prices rose at the …

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Finance/Business

Canadian economic growth expectations lag in Q2; July estimate foretells contraction

August 31, 2022August 31, 2022 - by cmedia

Bank of Canada. Image credit: WikimediaCommons Toronto: According to the expectations of the Economists there would be another aggressive interest rate hike by the Bank of Canada next week after …

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Finance/Business

Canada’s economic growth in April likely to contract in May, Statistics Canada reports

July 1, 2022July 1, 2022 - by cmedia

Statistics Canada said that real gross domestic product grew 0.3 percent in Apri mainly led by the mining, quarrying, oil, and gas extraction sector and client-facing industries. Although the official …

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Canada / Finance/Business

Canada’s Unemployment rate falls to 5.1 percent, lowest rate since at least 1976: StatCan

June 10, 2022June 10, 2022 - by cmedia

Ottawa/CMEDIA: Canada’s addition of 40,000 jobs in May driven by a gain in full-time jobs was due to continuing tightening of the labor market and an increase in the wages, said …

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