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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Canada's Annual Inflation Rate Up to 2.5% in January
Published: 2/17/2012 7:14:14 PM
By: TradingEconomics.com, Statistics Canada
Consumer prices rose 2.5% in the 12 months to January, led by increases for food and energy. The January rise followed a 2.3% increase in December.
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Canada's Trade Surplus Widens in December
Published: 2/11/2012 11:20:37 AM
By: TradingEconomics.com, Statistics Canada
Canada's merchandise exports rose 4.5% and imports edged up 0.8%. As a result, Canada's trade surplus rose from $1.2 billion in November to $2.7 billion in December.
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Canada's Unemployment Rate Up to 7.6% in January
Published: 2/3/2012 12:13:03 PM
By: TradingEconomics.com, Statistics Canada
Canada's unemployment rate edged up 0.1 percentage points to 7.6% as more people searched for work. Compared with 12 months earlier, employment rose by 129,000 (+0.7%), with most of the growth occurring in the first six months of this period.
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Canadian Inflation Down to 2.3% in December
Published: 1/20/2012 5:39:56 PM
By: TradingEconomics.com, Statistics Canada
Consumer prices rose 2.3% in the 12 months to December, following a 2.9% increase in November. The 0.6 percentage point difference was led by a slower increase in gasoline prices as well as declines for the purchase of passenger vehicles. A slower year-over-year increase for food was also a factor.
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Bank of Canada Keeps Rates Unchanged
Published: 1/17/2012 9:29:18 PM
By: Bank of Canada
The Bank of Canada announced on January 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 Reports Trade Surplus in November
Published: 1/13/2012 5:19:27 PM
By: TradingEconomics.com, Statistics Canada
Canada's merchandise exports increased 3.2%, while imports declined 0.8%. As a result, Canada's trade balance with the world went from a deficit of $487 million in October to a surplus of $1.1 billion in November.
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Canada's Unemployment Rate Up to 7.5% in December
Published: 1/6/2012 2:06:59 PM
By: TradingEconomics.com, Statistics Canada
Following two months of declines, employment rose slightly in December, up 18,000. The unemployment rate edged up to 7.5% as more people participated in the labour market. Over the past 12 months, employment growth totalled 1.2% (+199,000), with nearly all of the gains in the first half of the year.
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Canada Inflation Rate Unchanged in November
Published: 12/20/2011 1:22:38 PM
By: TradingEconomics.com, Statistics Canada
Consumer prices rose 2.9% in the 12 months to November, matching the increase in October. While the 12-month change in gasoline prices continued to ease, the year-over-year increase in food prices remained high.
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Canada Reports Trade Deficit in October
Published: 12/9/2011 1:54:02 PM
By: TradingEconomics.com, Statistics Canada
Canada's merchandise exports declined 3.0% and imports rose 1.9% in October. Consequently, Canada's trade balance with the world went from a surplus of $1.0 billion in September to a deficit of $885 million in October.
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Bank of Canada Keeps Interest Rate at 1%
Published: 12/6/2011 2:23:00 PM
By: TradingEconomics.com, Bank of Canada
The Bank of Canada announced 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 Unemployment Rate Raises to 7.4% In November
Published: 12/4/2011 3:32:24 PM
By: TradingEconomics.com, Statistics Canada
Following a notable decrease the previous month, employment edged down 19,000 in November, and the unemployment rate rose by 0.1 percentage points to 7.4%. Despite the recent declines, employment was up 1.2% (+212,000) from 12 months earlier.
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Canada's GDP Expands 0.9% in Q3
Published: 11/30/2011 1:35:32 PM
By: TradingEconomics.com, Statistics Canada
Canada's real gross domestic product (GDP) advanced 0.9% in the third quarter, after declining 0.1% in the second quarter. Increased demand for exports led third quarter GDP growth. On a monthly basis, real GDP by industry increased 0.2% in September
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Canada's Inflation Down to 2.9% in October
Published: 11/18/2011 3:17:22 PM
By: TradingEconomics.com, Statistics Canada
Canada's consumer prices rose 2.9% in the 12 months to October, led by higher prices for gasoline and food. This follows a 3.2% increase in September.
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Canada Reports Trade Surplus in September
Published: 11/10/2011 1:52:03 PM
By: TradingEconomics.com, Statistics Canada
Canada's merchandise exports grew 4.2% in September, while imports declined 0.3%. As a result, Canada's trade balance with the world went from a deficit of $487 million in August to a surplus of $1.2 billion in September. It was the first trade surplus since January 2011.
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Canada's Unemployment Rate Up to 7.3% in October
Published: 11/4/2011 12:07:00 PM
By: TradingEconomics.com, Statistics Canada
Following an increase in September, employment declined by 54,000 in October, all in full time. October's loss pushed the unemployment rate up 0.2 percentage points to 7.3%. Over the last year, total employment has risen by 237,000 (+1.4%).
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Bank of Canada Keeps Interest Rate at 1%
Published: 10/25/2011 2:36:18 PM
By: TradingEconomics.com, Bank of Canada
The Bank of Canada today announced 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 Inflation Rate at 3.2% in September
Published: 10/21/2011 12:27:53 PM
By: TradingEconomics.com, Statistics Canada
Canada's consumer prices rose 3.2% in the 12 months to September, led by higher prices for gasoline and food. This follows a 3.1% increase posted in August.
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Canada Trade Deficit Widens in August
Published: 10/13/2011 1:48:32 PM
By: TradingEconomics.com, Statistics Canada
Canada's merchandise imports grew 0.7% and exports increased 0.5% in August. As a result, Canada's trade deficit with the world went from $539 million in July to $622 million in August.
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Canada's Unemployment Rate Falls to 7.1% in September
Published: 10/7/2011 1:09:11 PM
By: TradingEconomics.com, Statistics Canada
Following two months of little change, Canada's employment rose by 61,000 in September, all in full time. This increase pushed the unemployment rate down 0.2 percentage points to 7.1%, the lowest rate since December 2008.
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Canada's Inflation Rises to 3.1% in August
Published: 9/21/2011 4:30:17 PM
By: TradingEconomics.com, Statistics Canada
The Consumer Price Index (CPI) rose 3.1% in the 12 months to August, mainly as a result of higher prices for gasoline and food purchased from stores. This follows increases of 2.7% in July and 3.1% in June. On a seasonally adjusted monthly basis, consumer prices rose 0.3% in August.
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Canada's Unemployment Rate up to 7.3% in August
Published: 9/9/2011 12:03:08 PM
By: TradingEconomics.com, Statistics Canada
Canada's employment was little changed for the second consecutive month in August and the unemployment rate edged up 0.1 percentage points to 7.3%.
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Canada's Trade Deficit Narrows in July
Published: 9/8/2011 1:42:54 PM
By: TradingEconomics.com, Statistics Canada
Canada's merchandise exports rose 2.2% and imports edged up 0.5% in July. As a result, Canada's trade deficit with the world narrowed from $1.4 billion in June to $753 million in July.
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Bank of Canada Maintains Overnight Rate Target at 1%
Published: 9/7/2011 8:00:49 PM
By: TradingEconomics.com, Bank of Canada
The Bank of Canada today announced 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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Canadian Economy Growth Slows In Q2
Published: 8/31/2011 2:38:08 PM
By: TradingEconomics.com, Statistics Canada
Canada's real gross domestic product (GDP) declined 0.1% in the second quarter, following a 0.9% increase the previous quarter. The decline in the second quarter was largely a result of a 2.1% drop in exports. Final domestic demand rose 0.7%. On a monthly basis, real GDP by industry increased 0.2% in June.
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Canada's Inflation Rate Eases in July
Published: 8/19/2011 11:58:46 AM
By: TradingEconomics.com, Statistics Canada
Canada's consumer prices rose 2.7% in the 12 months to July, primarily the result of higher prices for gasoline and food purchased from stores. This follows a 3.1% increase in June and a 3.7% advance in May.
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Canada's Trade Deficit Widens in June
Published: 8/11/2011 1:35:28 PM
By: TradingEconomics.com, Statistics Canada
Canada's merchandise exports fell 1.7% in June while imports decreased 0.2%. As a result, Canada's trade deficit with the world widened from $1.0 billion in May to $1.6 billion in June.
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Canada's Unemployment Rate Declines to 7.2% in July
Published: 8/5/2011 12:14:22 PM
By: TradingEconomics.com, Statistics Canada
The unemployment rate declined by 0.2 percentage points to 7.2%, as fewer people participated in the labour market. Following three consecutive months of increases, employment was little changed in July.
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Canada's Inflation Rate Slows in June
Published: 7/22/2011 12:12:52 PM
By: TradingEconomics.com, Statistics Canada
Canada's consumer prices rose 3.1% in the 12 months to June, primarily the result of higher prices for gasoline and food purchased from stores. This follows a 3.7% increase posted in May.
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Bank of Canada Keeps Rates Unchanged
Published: 7/19/2011 7:06:46 PM
By: TradingEconomics.com, Bank of Canada
The Bank of Canada announced on July 19 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 Deficit Narrows in May
Published: 7/12/2011 1:45:53 PM
By: TradingEconomics.com, Statistics Canada
Canada's merchandise exports increased 1.2% in May while imports rose 1.1%. As a result, Canada's trade deficit with the world narrowed from $857 million in April to $814 million in May.
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Canada's Unemployment Rate Unchanged in June
Published: 7/8/2011 12:03:30 PM
By: TradingEconomics.com, Statistics Canada
Canada's unemployment rate was unchanged at 7.4% as the number of people participating in the labour market increased. Employment rose for the third consecutive month, up 28,000 in June. Over the past 12 months, employment has grown by 238,000 (+1.4%).
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Canada's Inflation Rises 3.3% in May
Published: 6/29/2011 1:22:22 PM
By: TradingEconomics.com, Statistics Canada
Canada's consumer prices rose 3.7% in the 12 months to May, the largest increase since March 2003. This follows a 3.3% increase posted in April. The increase in May was primarily a result of higher gasoline prices.
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Canadian Unemployment Falls to 7.4% in May
Published: 6/10/2011 1:07:10 PM
By: TradingEconomics.com, Statistics Canada
Canadian employment rose by 22,000 in May, bringing gains over the previous 12 months to 273,000 (+1.6%). The employment increase in May, combined with a decline in the number of people looking for work, pushed the unemployment rate down 0.2 percentage points to 7.4%.
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Canada's Trade Deficit Widens in April
Published: 6/9/2011 2:02:31 PM
By: TradingEconomics.com, Statistics Canada
Canada's merchandise exports decreased 1.9% in April, following a 4.8% gain in March. Imports also declined, falling 0.6%. As a result, Canada's trade deficit with the world widened from $417 million in March to $924 million in April.
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Bank of Canada Keeps Interest Rate Unchanged
Published: 5/31/2011 4:43:15 PM
By: TradingEconomics.com, Bank of Canada
The Bank of Canada announced on May 30 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 GDP Rises 1% in Q1
Published: 5/30/2011 1:44:57 PM
By: TradingEconomics.com, Statistics Canada
Real gross domestic product (GDP) advanced 1.0% in the first quarter, following a 0.8% increase in the previous quarter. Final domestic demand rose 0.6%. On a monthly basis, real GDP by industry increased 0.3% in March.
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Canada April Inflation at 3.3%
Published: 5/20/2011 12:42:32 PM
By: TradingEconomics.com, Statistics Canada
Canadian consumer prices rose 3.3% in the 12 months to April, matching the increase recorded in March. On a seasonally adjusted monthly basis, consumer prices rose 0.3% in April.
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Canada's Trade Surplus Widens in March
Published: 5/11/2011 1:41:51 PM
By: TradingEconomics.com, Statistics Canada
Canada's merchandise exports and imports both rose in March, as most sectors recorded gains. Exports increased 3.5% and imports grew 2.8%. As a result, Canada's trade surplus increased from $356 million in February to $627 million in March.
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Canada's Unemployment Rate Drops to 7.6% in April
Published: 5/7/2011 11:32:28 AM
By: TradingEconomics.com, Statistics Canada
Following two months of little change, Canada's employment rose by 58,000 in April, mainly in part time. The unemployment rate edged down 0.1 percentage points to 7.6%. Compared with April 2010, employment has grown by 283,000 (+1.7%).
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Canadian Inflation Accelerates to 3.3% in March
Published: 4/19/2011 12:03:48 PM
By: TradingEconomics.com, Statistics Canada
Canada's consumer prices rose 3.3% in the 12 months to March, the largest year-over-year increase since September 2008. This advance follows a 2.2% increase in the 12 months to February.
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Bank of Canada Keeps Interest Rate at 1%
Published: 4/12/2011 1:03:39 PM
By: TradingEconomics.com, Bank of Canada
The Bank of Canada announced on April 12 that it is maintaining its target for the overnight rate at 1%. The Bank Rate is correspondingly 1.25% and the deposit rate is 0.75% per cent.
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Canada's Trade Surplus Narrows in February
Published: 4/12/2011 12:49:22 PM
By: TradingEconomics.com, Statistics Canada
Canada's merchandise exports and imports fell in February, led by lower volumes of automotive products and energy products.
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Unemployment Rate in Canada Decreases to 7.7%
Published: 4/8/2011 11:36:33 AM
By: TradingEconomics.com, Statistics Canada
Canada's unemployment rate edged down 0.1 percentage points to 7.7% in March. Over the past 12 months, employment has risen by 1.8% (+305,000).
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Canada's Inflation Rises 2.2% in February
Published: 3/18/2011 11:14:58 AM
By: TradingEconomics.com, Statistics Canada
Canada's inflation rate rose 2.2% in the 12 months to February, following the 2.3% increase posted in January.
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Canada's Exports Increase in January
Published: 3/10/2011 1:50:24 PM
By: TradingEconomics.com, Statistics Canada
Canada's exports advanced in January for a fourth consecutive month, led by higher volumes of automotive products.
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Bank of Canada Leaves Interest Rate Unchanged
Published: 3/1/2011 2:06:25 PM
By: TradingEconomics.com, Bank of Canada
The Bank of Canada announced on March 1 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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Canadian Economy Expands 0.8% in Q4
Published: 2/28/2011 4:27:08 PM
By: TradingEconomics.com, Statistics Canada
Canada's real gross domestic product (GDP) rose 0.8% in the fourth quarter, led by exports, following a 0.4% gain in the previous quarter. Final domestic demand advanced 1.2%. On a monthly basis, real GDP by industry increased 0.5% in December.
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Canada's Inflation Rate Slows to 2.3% in January
Published: 2/18/2011 1:14:55 PM
By: TradingEconomics.com, Statistics Canada
Canada's inflation rose 2.3% in the 12 months to January 2011, following the 2.4% increase posted in December 2010.
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Canada's Exports Rises in December
Published: 2/11/2011 1:57:32 PM
By: TradingEconomics.com, Statistics Canada
Canada's merchandise exports rose 9.7% to $37.8 billion in December, led by a 16.5% gain in volumes of energy products. Export volumes, up 6.6%, increased in most sectors. Prices rose 2.9%. Both volumes and prices have risen in 8 of the past 12 months.
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Canadian Unemployment Rate Rises to 7.8% in January
Published: 2/4/2011 1:11:01 PM
By: TradingEconomics.com, Statistics Canada
Canadian unemployment rate increased by 0.2 percentage points to 7.8%, as more people searched for work. At the same time, employment rose for the second consecutive month in January, with a gain of 69,000. Compared with January 2010, employment was up 1.9% (+327,000).
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Canadian Inflation Rises to 2.4% in December
Published: 1/25/2011 2:07:40 PM
By: TradingEconomics.com, Statistics Canada
Canadian inflation rose 2.4% in the 12 months to December, following the 2.0% increase posted in November. The 0.4 percentage point gain was mainly a result of higher gasoline prices.
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Bank of Canada Maintains Interest Rate at 1%
Published: 1/18/2011 10:26:08 PM
By: TradingEconomics.com, Bank of Canada
The Bank of Canada announced on January 18, 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 Deficit Narrows in November
Published: 1/13/2011 2:23:00 PM
By: TradingEconomics.com, Statistics Canada
Canada's trade deficit with the world narrowed to $81 million in November from $1.5 billion in October.
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Unemployment Rate in Canada Held Steady in December
Published: 1/9/2011 8:34:19 PM
By: TradingEconomics.com, Statistics Canada
Employment edged up for the second consecutive month in December, with an increase of 22,000. The unemployment rate held steady at 7.6%. Compared with December 2009, employment increased by 2.2% (+369,000), following a decline of 1.1% the previous year.
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Canada's Inflation Drops in November
Published: 12/21/2010 6:33:53 PM
By: TradingEconomics.com, Statistics Canada
Consumer prices rose 2.0% in the 12 months to November, following a 2.4% increase in October. The 0.4 percentage point decrease can be largely attributed to a slowdown in the growth rate of energy and food prices, and a decline in clothing prices.
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Canada's Exports Rise in October
Published: 12/10/2010 5:22:28 PM
By: TradingEconomics.com, Statistics Canada
Canada's merchandise exports rose 3.1% to $33.8 billion in October, on the strength of industrial goods and materials, as exports of precious metals and copper ores reached record highs. Excluding industrial goods and materials, exports declined 0.2%.
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Bank of Canada Maintains Overnight Rate at 1 Percent
Published: 12/7/2010 4:19:30 PM
By: TradingEconomics.com, Bank of Canada
The Bank of Canada today announced on December 12 that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1.25 percent and the deposit rate is 0.75 percent.
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Canada's Unemployment Rate Drops To 7.6%
Published: 12/5/2010 10:26:27 PM
By: TradingEconomics.com, RTT News
Canada's unemployment rate dropped in November to its lowest level in almost two years, as the economy generated 15,200 jobs, official data revealed Friday morning.
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Canada's GDP grows 0.3% in Q3
Published: 12/2/2010 9:34:48 AM
By: TradingEconomics.com, Statistics Canada
Real gross domestic product (GDP) rose 0.3% in the third quarter, following a 0.6% gain in the previous quarter. Final domestic demand grew 0.9%, as business investment in plant and equipment advanced. On a monthly basis, real GDP by industry declined 0.1% in September.
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Canada Inflation at 2-year High
Published: 11/23/2010 4:26:05 PM
By: TradingEconomics.com, Reuters
Canada's annual inflation rate unexpectedly jumped to a two-year high of 2.4 percent in October, but analysts differed on whether the data would prompt the Bank of Canada to raise interest rates sooner than expected.
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Canada's Trade Deficit Unexpectedly Widens
Published: 11/11/2010 4:48:51 AM
By: TradingEconomics.com, WSJ
Canada's trade deficit widened more than expected in September to the second-highest level on record, as import prices rose amid declining exports.
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Canada's Unemployment Rate Drops in October
Published: 11/8/2010 12:16:57 PM
By: TradingEconomics.com, Statistics Canada
In October, employment remained virtually unchanged for the second consecutive month, as full-time gains offset part-time losses. The unemployment rate edged down to 7.9% and has been around 8% for the past seven months.
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Canada's GDP rises 0.3% in August
Published: 10/31/2010 8:11:24 AM
By: TradingEconomics.com, CBC
Canada's economy rose 0.3 per cent in August following a 0.1 per cent drop in July, helped by oil and gas extraction, wholesale trade and manufacturing.
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Canada Inflation Rate Rises to 1.9%
Published: 10/22/2010 4:36:49 PM
By: TradingEconomics.com, Bloomberg
Canada's consumer price index rose 1.9 percent, after a 1.7 percent gain in August. The core rate that excludes eight volatile items such as gasoline slowed to 1.5 percent from 1.6 percent, the slowest pace since December.
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Canadian GDP Declines for First Time since August 2009
Published: 10/2/2010 1:06:12 PM
By: TradingEconomics.com
The Canadian economy receded in July for the first time in nearly a year, according to a Statistics Canada report published on September 30.
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Canada's Inflation Drops in August
Published: 9/22/2010 11:59:26 AM
By: TradingEconomics.com
Canada's inflation was softer than expected in August, leading analysts to suggest that the Bank of Canada may hold interest rates steady in the coming months.
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Canada's Trade Deficit Widens in July
Published: 9/14/2010 3:09:02 PM
By: TradingEconomics.com, AFP
Canada's trade deficit rose to 2.7 billion dollars (2.6 billion US) -- more than three times the level expected by analysts of 800 million dollars, following an upwardly revised deficit of 1.8 billion dollars in June.
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Canada's Unemployment Rate Rises to 8.1%
Published: 9/13/2010 1:23:29 PM
By: TradingEconomics.com
Canada's economy created 35,800 new jobs in August, yet the unemployment rate remains over eight per cent.
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Bank of Canada Increases Interest Rate
Published: 9/9/2010 10:07:25 PM
By: TradingEconomics.com, Bank of Canada
The Bank of Canada announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 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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Canadian Growth Slowed in Second Quarter
Published: 9/5/2010 2:10:39 PM
By: TradingEconomics.com, WSJ
The Canadian economy in the second quarter expanded at less than half the pace set in the first three months of the year, undercutting economists’ expectations and raising questions about whether the country’s central bank will tighten interest rates next week.
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Canada's Inflation Rises in July
Published: 8/20/2010 12:20:31 PM
By: TradingEconomics.com, Statistics Canada
Consumer prices rose 1.8% in the 12 months to July, following a 1.0% increase in June. In July, consumer prices were affected by changes in consumption taxes in Nova Scotia, Ontario, and British Columbia.
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Canada Trade Deficit Rises in June
Published: 8/11/2010 10:32:35 AM
By: TradingEconomics.com, Reuters
Canada posted a trade deficit in June that was more than three times expectations, dragged down by exports of industrial goods and materials.
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Canada Unexpectedly Lost Jobs in July
Published: 8/6/2010 9:47:38 AM
By: TradingEconomics.com, Bloomberg
Canada unexpectedly lost jobs in July and the country’s unemployment rate increased because of a drop in full-time jobs at schools and in the finance industry.
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Canada Economy Rises 0.1% in May
Published: 8/2/2010 4:08:50 AM
By: TradingEconomics.com, Bloomberg
Canada’s gross domestic product expanded in May after stalling the month before, with mining and oil leading increased goods production, while wholesale and real estate activity declined.
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Canada June Inflation Rate Slows to 1%
Published: 7/23/2010 10:11:52 AM
By: TradingEconomics.com, Bloomberg
Canada’s annual inflation rate slowed in June as gasoline prices fell for the first time since October 2009 while the costs of home upkeep and car insurance advanced.
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Canada Raises Key Rate to 0.75%
Published: 7/20/2010 11:04:44 AM
By: TradingEconomics.com, Bank of Canada
The Bank of Canada raised its benchmark lending rate for a second month, and said that slower economic growth through next year means any future moves will be “weighed carefully.”
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Canada Records Third Straight Trade Deficit in May
Published: 7/13/2010 9:49:08 AM
By: TradingEconomics.com, Bloomberg
Canada reported a third straight merchandise trade deficit in May, as imports of machinery and equipment outpaced gains in exports, government figures showed.
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Canada Jobless Rate Falls to 7.9%
Published: 7/9/2010 9:15:05 AM
By: TradingEconomics.com, Bloomberg
Canada’s job creation was almost five times more than economists expected in June, restoring most of the country’s job losses since 2008 and bolstering the case for the central bank to raise interest rates for a second month.
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Canada's Economy Stalls in April
Published: 6/30/2010 9:37:53 AM
By: TradingEconomics.com, Bloomberg
Canada’s gross domestic product unexpectedly stalled in April after seven previous gains, as retailing and manufacturing declined while mining and wholesaling advanced.
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Canada's Inflation Slows to 1.4% in May
Published: 6/22/2010 9:08:44 AM
By: TradingEconomics.com, Bloomberg
Canada’s annual inflation rate slowed in May because of a moderation in gasoline costs and lower prices for clothing.
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Canada Records Trade Surplus in April
Published: 6/10/2010 10:25:30 AM
By: TradingEconomics.com, AFP
Canada's trade deficit turned into a surplus of 175 million Canadian dollars (169 million US) in April as imports fell faster than exports.
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Canada Adds 24,700 Jobs in May
Published: 6/4/2010 9:10:52 AM
By: TradingEconomics.com, Bloomberg
Canada’s economy added more jobs than economists expected in May, the fifth straight monthly gain, because of increased hiring in the transportation and health care industries.
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Canada Raises Interest Rate
Published: 6/1/2010 9:38:43 AM
By: TradingEconomics.com, Bank of Canada
The Bank of Canada raised its key interest rate from a record low today, the first Group of Seven country to do so since last year’s global recession, and said further moves will be “weighed carefully” against future growth in Canada and elsewhere.
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Canada's Economy Grows 1.5% in Q1
Published: 5/31/2010 10:59:04 AM
By: TradingEconomics.com, Statistics Canada
Canada's real gross domestic product (GDP) increased 1.5% in the first quarter of 2010, after growing 1.2% in the fourth quarter of 2009
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Canada’s House Prices Increase 11.6% in March
Published: 5/26/2010 6:06:10 PM
By: HOMAM ALATTAR
The Canadian National Composite House Price Index?published by Teranet and National Bank of Canada?displayed an increase of 11.6% in March from last year to reach 133.47; the increase resembles a 1% rise since beginning of 2010.
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Canada Inflation Accelerates
Published: 5/21/2010 10:50:23 AM
By: TradingEconomics.com, Bloomberg
Canada’s annual inflation rate accelerated in April, led by car and gasoline prices, giving the central bank more scope to begin raising interest rates as soon as next month.
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Canada's March Trade Surplus Narrows
Published: 5/12/2010 10:05:48 AM
By: TradingEconomics.com, Bloomberg
Canada’s merchandise trade surplus unexpectedly narrowed in March, as prices for energy exports fell and industrial goods imports, including precious metals, rose the fastest since 1992.
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Canada Posts Historic Gain in Jobs in April
Published: 5/8/2010 7:58:24 PM
By: TradingEconomics.com, Reuters
A record number of Canadians returned to work in April, adding pressure on the Bank of Canada to raise interest rates in June, ahead of other major industrialized countries.
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Canada's Economy Grew 0.3% in February
Published: 4/30/2010 10:38:49 AM
By: TradingEconomics.com, Bloomberg
Canada’s economy expanded for a sixth consecutive month in February, led by manufacturing and spending related to the Vancouver Winter Olympics.
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Canada's Inflation Slowed in March to 1.4%
Published: 4/23/2010 11:59:52 AM
By: TradingEconomics.com, Bloomberg
Canada’s annual inflation rate unexpectedly slowed in March to 1.4 percent from 1.6 percent the previous month, as clothing and mortgage interest expenses declined while gasoline costs rose.
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Bank of Canada Removes Commitment to Low Rates
Published: 4/20/2010 9:41:13 AM
By: TradingEconomics.com, Bank of Canada
The Bank of Canada said it would keep its overnight deposit rate at 0.25%. It also removed a commitment made at recent meetings to keep interest rates at current levels through the second quarter of this year.
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Canada Records Fifth Straight Trade Surplus
Published: 4/13/2010 10:00:20 AM
By: TradingEconomics.com, Bloomberg
Canada posted a fifth straight trade surplus in February, the longest series since November 2008 and another sign of a growing economic recovery.
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Canada Employment Rose by 17,900
Published: 4/9/2010 10:10:37 AM
By: TradingEconomics.com, Bloomberg
Canada added 17,900 jobs in March, fewer than economists predicted, as construction and natural resources companies hired while the service industry shrank.
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Canada Economy Expanded 0.6% in January
Published: 3/31/2010 9:50:21 AM
By: TradingEconomics.com, Bloomberg
Canada’s economy expanded at the fastest pace in three years in January, led by manufacturing, wholesaling and construction, adding to evidence that the country is recovering more quickly than policy makers expected.
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Canada Core Inflation Rate Unexpectedly Accelerates
Published: 3/19/2010 5:34:21 PM
By: TradingEconomics.com, Bloomberg
Canada’s core inflation rate unexpectedly accelerated in February on higher costs for automobile insurance and accommodation during the Vancouver Winter Olympics.
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Canada Job Growth Beats Forecasts
Published: 3/12/2010 10:10:54 AM
By: TradingEconomics.com, Bloomberg
Canada created more jobs than expected in February and the jobless rate fell to a 10-month low, cementing Prime Minister Stephen Harper’s view that the country’s economic recovery is under way.
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Canada’s January Trade Surplus Widens
Published: 3/11/2010 10:08:33 AM
By: TradingEconomics.com, Bloomberg
Canada posted a wider-than-expected trade surplus in January as exports rose and imports fell, while companies’ use of their production capacity increased in the fourth quarter.
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Canada Keeps Lending Rate at 0.25%
Published: 3/2/2010 9:55:00 AM
By: TradingEconomics.com, Bank of Canada
The Bank of Canada kept its benchmark interest rate at a record low today, and said that inflation and economic output have been higher than policy makers expected, signaling rate increases in coming months.
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Canada Fourth-Quarter Growth Is Fastest Since 2000
Published: 3/1/2010 9:42:18 AM
By: TradingEconomics.com, Bloomberg
Canada’s economy expanded at a 5 percent annualized rate in the fourth quarter, faster than predicted by the Bank of Canada, raising pressure on policy makers to increase interest rates later this year.
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Canada Inflation Quickens
Published: 2/18/2010 9:59:10 AM
By: TradingEconomics.com, Bloomberg
Canada’s consumer prices rose in January at the fastest pace in more than a year, bringing the inflation rate closer to the central bank’s target, boosted by higher automobile ownership costs.
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Canada Posts First Annual Trade Deficit in 34 Years
Published: 2/10/2010 10:52:31 AM
By: TradingEconomics.com, The Gazette
Canada recorded its first annual trade deficit in 34 years last year amid a global recession and a "calamitous drop" in commodity prices.
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Canada Gained Jobs in January
Published: 2/5/2010 8:49:14 AM
By: TradingEconomics.com, Bloomberg
Canada gained more jobs than expected in January, led by part-time positions for youth, pushing the unemployment rate down. Employment rose by 43,000 last month, and the unemployment rate fell to 8.3 percent.
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Canada Economy Expands 0.4%
Published: 1/29/2010 10:03:36 AM
By: TradingEconomics.com, Statistics Canada
Real gross domestic product advanced 0.4% in November, a third consecutive monthly increase. As was the case in September and October, most major industrial sectors increased their production.
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Canada Inflation Hits 10-month High
Published: 1/20/2010 10:15:06 AM
By: TradingEconomics.com, Reuters
Higher gasoline prices pushed Canada's annual inflation rate to a 10-month high in December, but the data is unlikely to knock the Bank of Canada off track in its pledge to hold interest rates steady for some time.
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Bank of Canada Holds Rate Low
Published: 1/19/2010 9:56:51 AM
By: TradingEconomics.com, Bloomberg
Bank of Canada maintains overnight rate target at 0.25% and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010.
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Canada Slips Back Into Trade Deficit in November
Published: 1/16/2010 2:12:36 PM
By: TradingEconomics.com, Reuters
Canada's trade balance unexpectedly slipped back into deficit in November as strong imports, led by vehicles from the United States, outweighed export gains from rising oil prices.
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Canada Jobs Unexpectedly Fall
Published: 1/8/2010 8:43:49 AM
By: TradingEconomics.com, Bloomberg
Canada unexpectedly lost jobs in December, led by transportation and public administration, keeping the jobless rate close to the highest in more than a decade.
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Canada's Economy Grew 0.2% in October
Published: 12/23/2009 10:27:25 AM
By: TradingEconomics.com, Bloomberg
Canada’s economy grew 0.2 percent in October, less than economists expected, as gains in real estate services and utilities offset a drop in mining output.
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Canada Inflation Quickens
Published: 12/17/2009 9:32:12 AM
By: TradingEconomics.com, Bloomberg
Canadian consumer prices rose at their fastest pace in eight months in November because of higher gasoline costs, the national statistics agency said.
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Canada Unexpectedly Swings to Trade Surplus
Published: 12/10/2009 9:26:59 AM
By: TradingEconomics.com, Bloomberg
Canada posted its first trade surplus in four months in October on rising shipments and higher prices for the nation’s gold and energy.
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Canada Keeps Rate at 0.25%
Published: 12/8/2009 9:35:16 AM
By: TradingEconomics.com, Bank of Canada
Bank of Canada maintains overnight rate target at 0.25% and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010.
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Canada Added 79,100 Jobs
Published: 12/4/2009 10:36:10 AM
By: TradingEconomics.com, Bloomberg
Canadian employers added more than five times as many jobs as expected in November, led by education, manufacturing and finance, a sign of an accelerating economic recovery.
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Canada Economy Grew 0.4% in Q3
Published: 11/30/2009 9:44:58 AM
By: TradingEconomics.com, Bloomberg
Canada’s economy grew for the first time in four quarters in the July-through-September period, signaling the country’s first recession since 1992 has ended.
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Canada Inflation Rises for First Time in Five Months
Published: 11/18/2009 9:23:47 AM
By: TradingEconomics.com, Bloomberg
Canadian consumer prices posted their first annual increase in five months, ending the longest streak of declines since 1953, Statistics Canada said.
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Canada's Trade Deficit Narrows in September
Published: 11/13/2009 9:35:47 AM
By: TradingEconomics.com, Bloomberg
Canada’s trade deficit narrowed in September to its lowest level in three months on rising exports of automobiles and metals.
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Canada Cuts 43,200 Jobs in October
Published: 11/6/2009 8:45:15 AM
By: TradingEconomics.com, Bloomberg
Canadian employers unexpectedly fired workers in October and the unemployment rate rose more than expected, suggesting the U.S.’s largest trading partner hasn’t fully recovered from the recession that began last year.
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Canada's Economy Shrank 0.1% in August
Published: 10/30/2009 9:28:28 AM
By: TradingEconomics.com, Bloomberg
Canada’s economy unexpectedly shrank in August, suggesting the economy may not have exited a recession in the third quarter after output was little changed in July.
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Bank of Canada Keeps Rate Unchanged
Published: 10/20/2009 9:15:09 AM
By: TradingEconomics.com, Bank of Canada
Bank of Canada maintains overnight rate target at 0.25% and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010.
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Canada Posts Record Trade Deficit
Published: 10/9/2009 10:10:54 AM
By: TradingEconomics.com, Bloomberg
Canada posted a record trade deficit in August on plunging exports of aircraft, telecommunications equipment and automotive products.
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Canada Adds 30,600 Jobs
Published: 10/9/2009 10:03:05 AM
By: TradingEconomics.com, Bloomberg
Canadian employers added jobs for the second straight month in September, and the unemployment rate unexpectedly fell, adding to evidence the U.S.’s largest trading partner is emerging from its recession.
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Canada's Economy Stalls in July
Published: 9/30/2009 9:42:25 AM
By: TradingEconomics.com, Bloomberg
Canada’s economy unexpectedly stalled in July as vehicle-related gains by manufacturers and wholesalers were offset by lower utilities and mining output.
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Canada Inflation Falls More Than Expected
Published: 9/17/2009 9:16:44 AM
By: TradingEconomics.com, Bloomberg
Canada’s consumer prices fell more than economists expected last month, almost matching the biggest decline in half a century, as gasoline costs plunged.
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Canada Records Trade Deficit in July
Published: 9/10/2009 9:49:58 AM
By: TradingEconomics.com, Statistics Canada
In Canada, imports and exports both increased in July as a result of broad-based growth in volumes. Imports were up 8.3% to $31.7 billion while exports grew 3.3% to $30.3 billion. As a result, Canada registered a trade deficit of $1.4 billion in July compared with a trade surplus of $37 million in June.
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Bank of Canada Keeps Rate Unchanged
Published: 9/10/2009 9:41:37 AM
By: TradingEconomics.com, Bank of Canada
The Bank of Canada kept its target for the overnight rate at 0.25% and repeated its commitment to keep it there until the end of the second quarter of 2010, conditional on the outlook for inflation.
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Canada Posts First Job Gain in Four Months
Published: 9/4/2009 9:30:47 AM
By: TradingEconomics.com, Bloomberg
Canada recorded a surprise job gain in August, the first in four months, suggesting the country is emerging from its first recession since 1992.
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Is the Canadian Economy Recovering?
Published: 9/3/2009 11:29:49 AM
By: Anna Fedec, contact@tradingeconomics.com
The Canadian GDP reading for June showed a 0.1% expansion, the first positive number in 10 months. But will Canada be one of the first developed economies coming out of this recession?
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Canada Economy Shrinks 3.4%
Published: 8/31/2009 9:14:20 AM
By: TradingEconomics.com, Bloomberg
Canada’s economy shrank faster than expected in the April-to-June period as the country’s first recession since 1991 is proving deeper than thought, even as growth in June indicates the contraction is nearing an end.
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Canada Inflation Fall Most Since 1953
Published: 8/19/2009 9:30:22 AM
By: TradingEconomics.com, Bloomberg
Canada’s consumer prices last month fell the most since 1953 on an annual basis, giving the Bank of Canada scope to honor its commitment to keep the benchmark lending rate unchanged at a record low.
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Canada Trade Deficit Narrows
Published: 8/12/2009 9:43:31 AM
By: TradingEconomics.com, Bloomberg
Canada’s trade deficit narrowed more than economists predicted in June from the previous month’s record, as U.S. demand for crude oil boosted exports.
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Canada July Jobs Loss Triple Economists’ Forecasts
Published: 8/7/2009 9:24:58 AM
By: TradingEconomics.com, Bloomberg
Canada lost three times as many jobs as economists expected last month, led by construction and tourism-related businesses, signaling the country’s recovery from a recession may be slow.
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Canada Economy Shrank 0.5% in May
Published: 7/31/2009 9:27:44 AM
By: TradingEconomics.com, Bloomberg
Canada’s economy contracted for a 10th month in May because of falling manufacturing output, and declines in the mining and energy industries.
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Bank of Canada Keeps Rate Unchanged
Published: 7/21/2009 9:07:28 AM
By: TradingEconomics.com, Bank of Canada
Bank of Canada maintains overnight rate target at 1/4 per cent and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010
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Canada Consumer Prices Fall
Published: 7/17/2009 9:10:38 AM
By: TradingEconomics.com, Bloomberg
Canadian consumer prices posted an annual decrease last month for the first time since 1994 on gasoline prices, giving the Bank of Canada scope to maintain interest rates at record lows.
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Canadian Economy May Recover in 2010
Published: 7/10/2009 12:52:47 PM
By: Anna Fedec, contact@tradingeconomics.com
Canada’s economy contracted for a ninth month in April. And although during the next few months economic output may still decline, at Trading Economics we think that Canadian economy may get out of the crisis faster than expected.
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Canada Has Record C$1.42 Billion Trade Deficit
Published: 7/10/2009 9:45:02 AM
By: TradingEconomics.com, Bloomberg
Canada’s trade deficit widened more than economists predicted to a record in May, when the country’s dollar appreciated at a record pace, as exports fell twice as fast as imports.
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Canada Pares Fewer Jobs Than Expected
Published: 7/10/2009 9:35:12 AM
By: TradingEconomics.com, Bloomberg
Canada lost fewer jobs than economists expected in June, as gains in finance and real estate offset some of the losses at factories, retailers and wholesalers. The unemployment rate rose to an 11-year high.
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Canada's Economy Shrinks 0.1% in April
Published: 6/30/2009 10:04:26 AM
By: TradingEconomics.com, Bloomberg
Canada’s economy contracted for a ninth month in April because of falling output in the retail, manufacturing and energy industries.
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Canada Inflation Unexpected Rise in May
Published: 6/18/2009 8:50:13 AM
By: Tradingeconomics.com, Bloomberg
Canadian consumer prices posted an unexpected annual increase last month on higher costs for food and household expenses such as child care, easing pressure on the Bank of Canada to add additional stimulus to the economy.
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Canadian Economy May Recover in 2010
Published: 6/11/2009 3:53:46 PM
By: Anna Fedec, contact@tradingeconomics.com
In the first three months of 2009, Canada posted a 5.4% annualized drop in real GDP, the worst in almost 20 years. And although this quarter’s economic output may still decline, at Trading Economics we think that Canadian economy may get out of the crisis faster than expected.
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Canada Posted Unexpected Trade Deficit in April
Published: 6/10/2009 9:12:45 AM
By: Tradingeconomics.com, Bloomberg
Canada posted an unexpected trade deficit in April as exports fell the most in three months amid waning demand for the country’s commodities and industrial goods.
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Canada Jobless Rate Hits 11-Year High
Published: 6/5/2009 8:50:08 AM
By: Tradingeconomics.com, Bloomberg
Canada’s economy cut jobs for the sixth time in seven months in May and recorded the highest unemployment rate in 11 years as factories continued to fire workers amid the first recession since 1992.
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Bank of Canada Keeps Rates Unchanged
Published: 6/4/2009 10:44:57 AM
By: Tradingeconomics.com, Bank of Canada
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent.
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Canada's Economy Shrinks
Published: 6/1/2009 9:19:32 AM
By: TradingEconomics.com, Bloomberg
Canada’s economy contracted at its fastest pace since 1991 in the first quarter, as the country’s businesses scaled back spending amid a slump in demand.
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Canadian Economy May Recover Faster Than Expected
Published: 5/26/2009 10:17:37 AM
By: Anna Fedec, contact@tradingeconomics.com
Canadian gross domestic product fell 0.1 percent in February, after declining 0.7% in January. And although this quarter’s economic output may be headed for its biggest quarterly decline since 1961 at Trading Economics we think that Canadian economy may get out of the crisis faster than expected.
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Canadian Inflation Rate Drops to Lowest Since 1994
Published: 5/20/2009 9:22:02 AM
By: TradingEconomics.com, Bloomberg
Canada’s annual inflation rate fell to the lowest in more than fourteen years in April on falling energy prices, giving the Bank of Canada more scope to keep interest rates at record lows.
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Canada Posts Larger Trade Surplus Than Expected
Published: 5/12/2009 9:16:46 AM
By: TradingEconomics.com, Statistics Canada
Canada's merchandise imports and exports both declined in March, largely due to volume reductions. Imports decreased more than twice as fast as exports, leading to the widening of Canada's trade surplus with the world from $262 million in February to $1.1 billion in March.
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Canada’s Self-Employed Lead to Unexpected Job Gain
Published: 5/8/2009 8:52:00 AM
By: TradingEconomics.com, Bloomberg
Canada’s economy created new jobs for the first time in six months and the country’s unemployment rate remained unchanged in April, as workers facing the first recession since 1992 created new positions for themselves.
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Canada's GDP Falls
Published: 4/30/2009 6:55:23 AM
By: TradingEconomics.com, Financial Post
Canada's gross domestic product fell for the seventh month in a row, down 0.1% in February, driven lower by declines in mining and construction activities.
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Bank of Canada Lowers Rates to 0.25%
Published: 4/21/2009 6:05:04 AM
By: TradingEconomics.com, Bank of Canada
Bank of Canada lowers overnight rate target by 1/4 percentage point to 1/4 per cent and, conditional on the inflation outlook, commits to hold current policy rate until the end of the second quarter of 2010.
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Canadian March Inflation Slows Unexpectedly
Published: 4/19/2009 8:26:34 PM
By: TradingEconomics.com, Bloomberg
Canadian annual inflation unexpectedly slowed in March on falling gasoline and car prices, which may add to expectations the Bank of Canada will adopt extraordinary policies to boost growth.
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Canada Posts Trade Surplus in February
Published: 4/9/2009 7:18:02 AM
By: TradingEconomics.com, Bloomberg
Canada unexpectedly posted a trade surplus in February as a rebound in car and aircraft shipments led to the biggest exports gain in more than a year.
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Canada’s Jobless Rate Rose to Highest in Seven Years
Published: 4/9/2009 7:15:26 AM
By: TradingEconomics.com, Bloomberg
Canada’s jobless rate rose to the highest in seven years in March as employers fired workers for a fifth month, adding to evidence the country’s recession is worsening.
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Canadian Economy May Get Out Of the Crisis Faster Than Expected
Published: 4/1/2009 9:42:52 AM
By: Anna Fedec, contact@tradingeconomics.com
In January, Canadian gross domestic product fell 0.7 percent, a third consecutive month. What is behind this unprecedented slump? What can be done to soften the slowdown?
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Canada Economy Dropped in January for Sixth Month
Published: 3/31/2009 6:36:22 AM
By: TradingEconomics.com, Bloomberg
Canada’s economy contracted in January for a sixth straight month because of slumping automobile production and falling construction activity.
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Canada Inflation Unexpectedly Accelerates
Published: 3/19/2009 5:47:23 AM
By: TradingEconomics.com, Bloomberg
Canadian annual inflation unexpectedly accelerated in February as gasoline prices rose during the month.
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Canada's Trade Deficit Widens
Published: 3/13/2009 6:01:14 AM
By: TradingEconomics.com, Statistics Canada
Canada's trade deficit widened to $993 million in January 2009 from $652 million in December 2008, as both exports and imports fell, led by a sharp decline in automotive products trade. Overall exports fell 9.0% to $31.7 billion while imports fell 7.9% to $32.7 billion.
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Canada Unemployment Highest Since 2003
Published: 3/13/2009 5:35:37 AM
By: TradingEconomics.com, Bloomberg
Canada lost more jobs than expected in February, led by construction, pushing the unemployment rate to the highest since 2003.
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Canadian Economy May Get Out Of the Crisis Faster Than Expected (Update)
Published: 3/3/2009 1:00:18 PM
By: Anna Fedec, contact@tradingeconomics.com
In the fourth quarter of 2008 Canadian gross domestic product fell at a 3.4 percent annualized rate, the fastest pace since 1991. What is behind this unprecedented slump? What can be done to soften the slowdown?
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Canada Lowers Rates to 0.5%
Published: 3/3/2009 6:05:54 AM
By: TradingEconomics.com, Bank of Canada
The Bank of Canada today announced that it is lowering its target for the overnight rate by one-half of a percentage point to 1/2 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 3/4 per cent.
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Canada's Economy Shrinks at 3.4 Percent Pace
Published: 3/2/2009 6:02:16 AM
By: TradingEconomics.com, Bloomberg
Canada's economy contracted at the fastest pace since 1991 in the fourth quarter, adding pressure on policy makers to cut the country's benchmark lending rate to a record low tomorrow.
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Canada Inflation Fall for Fourth Month
Published: 2/20/2009 5:29:40 AM
By: TradingEconomics.com, Bloomberg
Canadian consumer prices fell a fourth consecutive month in January, led by reduced costs for natural gas and motor vehicles.
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Canada Has First Trade Deficit Since 1976
Published: 2/11/2009 6:19:55 AM
By: TradingEconomics.com, Bloomberg
Canada unexpectedly recorded its first monthly trade deficit in more than three decades in December as demand for the country’s commodities tumbled.
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Canada's Employers Cut 129,000 Jobs in January
Published: 2/6/2009 5:23:46 AM
By: TradingEconomics.com, Bloomberg
Canadian employers shed a record number of jobs in January, pushing the jobless rate to a 4-year high of 7.2 percent, as the country continues to suffer the effects of the global recession.
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Canadian Economy May Get Out of The Crisis Faster Than Expected
Published: 2/2/2009 7:34:35 PM
By: Anna Fedec, contact@tradingeconomics.com
In November, Canada's gross domestic product fell to 0.7 percent, its second straight decline and the biggest drop since August 2003.
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Canada's Economy Shrinks Most Since 2003
Published: 2/1/2009 8:50:45 AM
By: TradingEconomics.com, Bloomberg
Canada's economy contracted in November by the most since the 2003 power outage, led by slumping production in the manufacturing and construction industries.
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Canada Consumer Prices Fell
Published: 1/23/2009 6:00:52 AM
By: TradingEconomics.com, Bloomberg
Canadian consumer prices fell a third consecutive month for the first time since 2005 in December, as energy prices plunged.
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Canada Cuts Rate to 1%
Published: 1/20/2009 6:39:55 AM
By: TradingEconomics.com, Bloomberg
The Bank of Canada slashed its key interest rate to the lowest since the institution was founded in 1934 and signaled that more cuts may be needed to jolt the economy out of recession and stabilize credit markets.
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Canada Trade Deficit Expended
Published: 1/13/2009 6:01:13 AM
By: TradingEconomics.com, Statistics Canada
Canada's trade balance with the world fell to $1.3 billion in November from a revised $2.3 billion in October.
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Canada’s Jobless Rate Rises to 3-Year High
Published: 1/9/2009 5:17:09 AM
By: TradingEconomics.com, Bloomberg
Canadian employment fell by almost twice as much as expected in December, led by construction, more evidence that the world’s eighth-biggest economy is suffering from the effects of a global recession.
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Canada’s Economy Shrank
Published: 12/29/2008 8:06:40 AM
By: TradingEconomics.com, Bloomberg.com
Canada’s economy contracted a less- than-anticipated 0.1 percent in October as wholesalers processed fewer shipments of automobiles and factory production dropped.
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Canada's Core Inflation Unexpectedly Accelerates
Published: 12/19/2008 5:21:27 AM
By: TradingEconomics.com, Bloomberg.com
Canada's annual inflation excluding energy and other volatile items unexpectedly accelerated in November on a jump in food prices, potentially making it harder for the Bank of Canada to keep cutting interest rates.
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Canadian Trade Surplus Narrows
Published: 12/11/2008 7:17:46 AM
By: TradingEconomics.com, Bloomberg.com
Canada’s trade surplus narrowed for a second month in October as a weaker dollar boosted the cost of imports and more than offset a gain in exports of machinery.
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Bank of Canada Cuts Rate to 1.5%
Published: 12/9/2008 6:53:57 AM
By: TradingEconomics.com, Bloomberg.com
The Bank of Canada lowered its benchmark interest rate by more than anticipated to a half- century low and signaled more action may be needed as economic growth sputters amid a “broader and deeper” global slump.
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Canada Lost 70,600 Jobs
Published: 12/5/2008 7:16:15 AM
By: TradingEconomics.com, Bloomberg.com
Canadian employment fell by the most since 1982 in November, led by manufacturing, a sign the world’s eighth-largest economy is falling victim to a global recession.
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Canadian Economy Grew at 1.3%
Published: 12/1/2008 6:02:00 AM
By: TradingEconomics.com, Statistics Canada
Real gross domestic product (GDP) increased 0.3% in the third quarter, after remaining essentially flat over the first half of the year. The Canadian economy grew at an annualized rate of 1.3% in the third quarter.
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Canada Inflation Slows
Published: 11/21/2008 5:13:37 AM
By: TradingEconomics.com, Bloomberg.com
Canada's annual inflation rate slowed more than expected in October as gasoline posted a smaller gain than in previous months, validating the central bank's view that price growth has peaked.
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Canada Trade Surplus Narrows
Published: 11/13/2008 6:05:58 AM
By: TradingEconomics.com, Bloomberg.com
Canada's trade surplus narrowed more than anticipated in September, as imports increased while prices for energy and metal exports fell.
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Canada Unexpectedly Added Jobs
Published: 11/7/2008 5:01:31 AM
By: TradingEconomics.com, Bloomberg.com
Canadian employers unexpectedly added jobs in October as the federal government hired workers to run last month's election while most industries posted declines.
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Canada's Economy Shrank 0.3% in August
Published: 10/31/2008 8:42:02 AM
By: TradingEconomics.com, Bloomberg.com
Canada's economy contracted 0.3 percent in August as wholesalers processed fewer shipments of automobiles and factory production dropped.
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Canada Annual Inflation Stays Close to 5-Year High
Published: 10/25/2008 11:09:24 AM
By: TradingEconomics.com, Bloomberg.com
Canada's annual inflation rate remained close to the highest in five years in September as gasoline prices kept surging and food prices rose.
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Bank of Canada Lowers Interest Rate by 25bp
Published: 10/21/2008 6:03:22 AM
By: TradingEconomics.com, Bank of Canada
The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of a percentage point to 2 1/4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 2 1/2 per cent.
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Canada's Trade Surplus Increases in August
Published: 10/10/2008 6:50:55 AM
By: TradingEconomics.com, Canada's National Statistical Agency
Canada's trade surplus with the world increased to $5.8 billion in August from $4.2 billion in July as imports of energy and automotive products declines.
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Canada Has Biggest Job Increase in at Least 30 Years
Published: 10/10/2008 5:49:34 AM
By: TradingEconomics.com, Bloomberg.com
Canada recorded its biggest one-month employment gain in at least 30 years as voters get ready for the Oct. 14 election, adding more than 10 times as many jobs as expected in September.
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Bank of Canada Lowers Rate in Coordinated Banks Move
Published: 10/8/2008 5:13:04 AM
By: TradingEconomics.com, Bloomberg.com
The Bank of Canada today announced that it is lowering its target for the overnight rate by 1/2 percentage point to 2 1/2 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 2 3/4 per cent.
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Canada's Economy Grew 0.7% in July
Published: 9/30/2008 6:43:11 AM
By: TradingEconomics.com, Bloomberg.com
Canada's economy expanded at its fastest pace in more than four years in July, as production of crude oil and manufactured goods surged.
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Canada Inflation Rises
Published: 9/23/2008 5:23:31 AM
By: TradingEconomics.com, Bloomberg.com
Canada's annual inflation rate rose to the highest since March 2003 in August as prices for gasoline and food surged.
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Canada Trade Surplus Narrows
Published: 9/12/2008 3:48:43 AM
By: TradingEconomics.com, Bloomberg
Canada's trade surplus narrowed more than economists expected in July, as imports of new cars and materials to build pipelines outstripped export gains.
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Canada Economy Adds 15,200 Jobs
Published: 9/5/2008 1:09:41 PM
By: TradingEconomics.com, Bloomberg.com
Canada's economy gained more jobs than anticipated in August, led by education and construction.
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Bank of Canada Keeps Rate at 3 per cent
Published: 9/3/2008 6:08:38 AM
By: TradingEconomics.com, Bank of Canada
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 3 1/4 per cent.
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Canada's Dollar Falls
Published: 8/29/2008 6:22:22 AM
By: TradingEconomics.com, Bloomberg
Canada's dollar fell for a second day after a government report showed economic growth in the world's eighth-largest economy was less than forecast.
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