Canada's Unemployment Rate Up to 7.3% in April
Published: 5/11/2012 1:39:49 PM
By: TradingEconomics.com, Statistics Canada
Canada's employment increased by 58,000 in April, mostly in full-time work. This was the second consecutive month of notable gains after four months of little change. With more people searching for work, the unemployment rate increased by 0.1 percentage points to 7.3%.
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Canada's Trade Surplus Widens in March
Published: 5/10/2012 1:50:11 PM
By: TradingEconomics.com, Statistics Canada
Canada's merchandise exports edged down 0.4% and imports decreased 0.6%. As a result, Canada's trade surplus increased from $273 million in February to $351 million in March.
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Bank of Canada Keeps Overnight Rate at 1%
Published: 4/18/2012 11:47:59 AM
By: Bnak of Canada
The Bank of Canada announced on April 17th that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
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Canada's Trade Surplus Narrows in February
Published: 4/12/2012 1:45:02 PM
By: TradingEconomics.com, Statistics Canada
Canada's merchandise exports declined 3.9% and imports edged up 0.2%. As a result, Canada's trade surplus decreased from $1.9 billion in January to $292 million in February.
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Canada's Unemployment Down to 7.2% in March
Published: 4/5/2012 3:46:43 PM
By: TradingEconomics.com, Statistics Canada
Following four months of little change, employment increased by 82,000 in March, mostly in full-time work. This brought the unemployment rate down 0.2 percentage points to 7.2%.
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Canada's Inflation Rate Up to 2.6% in February
Published: 3/23/2012 11:23:31 AM
By: TradingEconomics.com, Statistics Canada
Led by increases in energy and food, consumer prices rose 2.6% in the 12 months to February after increasing 2.5% in January.
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Canada's Trade Surplus Narrows in January
Published: 3/9/2012 2:03:30 PM
By: TradingEconomics.com, Statistics Canada
Canada's merchandise exports declined 2.3% and imports edged down 0.6%. As a result, Canada's trade surplus narrowed from $2.9 billion in December 2011 to $2.1 billion in January 2012. This was the third consecutive monthly trade surplus.
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Canada's Unemployment Rate Down to 7.4% in February
Published: 3/9/2012 12:21:06 PM
By: TradingEconomics.com, Statistics Canada
A decline in the number of people searching for work pushed the unemployment rate down 0.2 percentage points to 7.4%. Compared with 12 months earlier, employment was up by 121,000 (+0.7%), with the bulk of the increase occurring in the first half of the period.
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Bank of Canada Keeps Overnight Rate Target at 1%
Published: 3/8/2012 3:04:55 PM
By: TradingEconomics.com, Bank of Canada
The Bank of Canada announced on March 8th that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
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Canada's Economy Expands 0.4% in Q4
Published: 3/2/2012 2:04:19 PM
By: TradingEconomics.com, Statistics Canada
Real gross domestic product (GDP) rose 0.4% in the fourth quarter, after advancing 1.0% in the third quarter. Consumer spending and exports contributed the most to fourth-quarter GDP growth. Final domestic demand grew 0.5%.
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