English 
Français 
Español 
العربية 
Português 
Русский 
The Canadian economy surpassed growth expectations last fall, renewing hope that the recession is slowing down. According to the latest figures from Statistics Canada, the economy grew by 0.3 percent in both September and October, surpassing predictions. Overall the economy grew every month in 2013 excepting June. “Canada’s economy is showing sustained strength for the
According to a report by the CIBC, the number of non-permanent residents in Canada has more than doubled over the past decade. In total, there are almost 770,000 non-permanent residents in Canada – 450,000 more than there were 10 years ago – and they have a substantial impact on the housing market and consumer spending.
The Canadian economy performed surprisingly positively in October and is set to extend its broadly-based growth with higher exports to the U.S., but uncertainty remains over the impact of lower oil prices on the energy sector. According to Statistics Canada, Gross domestic product rose 0.3 per cent to an annualized $1.65-trillion in October, after a
Stephen Poloz has kept markets on edge ever since an unexpected rate cut to the Bank of Canada’s key interest rate in January, the first adjustment in four-and-a-half years. The Bank of Canada governor and his policy team are likely to keep their options open, maintaining the trendsetting lending level at 0.75 per cent —
A new Bank of Canada survey is sparking hope that economic recovery may be on the horizon. According to the Bank’s fourth quarter survey, released last week, there are “some positive signs” for the economy and projections for future sales growth are “solidly positive.” These positives are related to responses provided by businesses, signalling intent
A report published as part of the autumn edition of the Bank of Canada Review, a twice-yearly collection of academic papers by bank economists, concludes that the slow economic growth in Canada is here to stay. Overall, there is increasing evidence that growth in advanced economies may remain slow in the immediate future compared to
As Canada moves into the second half of the year, many employers are seeking to increase headcount. More than one-half (56 per cent) of hiring managers have plans to hire full-time, permanent staff, up from 48 per cent this time last year, and 40 per cent in 2012. Additionally, 50 per cent expect to hire
The Canadian economy experienced strong growth in October, generating 43,100 mostly full-time positions in the private sector and pushing the unemployment to a six-year low. With the growth of 74,100 in September, October’s gains produced the largest two-month increase since March-April 2012, according to Statistics Canada. This is the first time since November-December 2012 that
A survey of professional accountants in leadership positions by the Chartered Professional Accountants (CPA) of Canada reveals that optimism in Canada’s economic performance is gradually on the rise. According to the survey, which is carried out quarterly, 29 per cent of respondents were optimistic about the Canadian economy in the year ahead, up from 23
- 1
- 2
