Canadian Economy – Jobber Wiki

Statistics Canada to release GDP figures for October – National

23Dec

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Global News

Statistics Canada to release GDP figures for October – National

By Staff The Canadian Press Posted December 23, 2022 6:30 am Updated December 23, 2022 6:32 am Descrease article font size Increase article font size Statistics Canada is set to release its latest economic reading this morning. The federal agency is expected to release real gross domestic product figures for the month of October. Read more: Canada’s latest GDP report shows underlying weakness, economists warn Read More ...

As inflation runs hot, Canadians plan to cool spending on holiday gifts: poll – National

7Nov

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Global News

As inflation runs hot, Canadians plan to cool spending on holiday gifts: poll – National

‘Tis the season to spend less and worry. That’s how many Canadians are feeling ahead of the winter holidays this year as they grapple with high inflation and soaring interest rates. In a new Ipsos poll done exclusively for Global News and released Monday, 30 per cent of Canadians said they will rein in their gift shopping this holiday season and spend less compared with previous years. However, 52 per cent of people said they anticipated spending about the same as before. Read more: Inflation, interest rates, recession? Poll finds these Canadians are worrying the most Read More Inflation, interest rates, recession? Poll finds these Canadians are worrying the most ...

Statistics Canada set to release GDP figures for June, Q2 – National

31Aug

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Global News

Statistics Canada set to release GDP figures for June, Q2 – National

Statistics Canada is expected to release its latest reading on economic growth Wednesday morning. The agency is set to release gross domestic product figures for the month of June and the second quarter of this year.A preliminary estimate for the second quarter provided in Statistics Canada’s last report pointed to 4.6 per cent annualized growth, up from 3.1 per cent for the first three months of the year.RBC says GDP likely rose in the second quarter but there are “clear signs” it began losing steam over May and June. Trending Stories The central bank has called the Canadian economy “overheated” and has been combatting high inflation with a series of interest rate hikes. Story continues below advertisement With the annual inflation r...

S&P/TSX composite down as Shopify decline weighs on technology sector

26Jul

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Global News

S&P/TSX composite down as Shopify decline weighs on technology sector

By Staff The Canadian Press Posted July 26, 2022 4:55 pm Smaller font Descrease article font size -A Larger font Increase article font size A+ North American markets ended the trading day in the red, with a decline in Shopify Inc. weighing on the technology sector of Canada’s main stock exchange, as U.S. stock markets sank following Walmart’s profit warning. The S&P/TSX composite index was down 131.80 points at 18,972.68. Read more: Energy helps push up S&P/TSX composite up ahead of earnings flurry, fed decision In New York, the Dow Jones industr...