Tag: #canada

Canada's labour market flat in October as unemployment edges up to 6.7%

Statistics Canada: employment little changed in October 2026 (down 4,700) while unemployment rose to 6.7%, signaling a softer labour market after September's larger drop.

#canada, #employment, #labour, #statistics

Canada’s economy grew 1.9% in 2025 as provinces diverged, Statistics Canada says

Statistics Canada says national GDP rose 1.9% in 2025. Newfoundland and Labrador and Alberta outpaced central Canada, while some territories contracted.

#canada, #gdp, #provincialeconomy, #statisticscanada

Bank of Canada to Host Gita Gopinath as Ottawa Drafts Rules for Fiat-Backed Stablecoins

Harvard economist Gita Gopinath will lecture in Ottawa as Canada publishes draft rules that would make the Bank of Canada supervisor for fiat-backed stablecoins.

#canada, #stablecoins, #bankofcanada, #digitalcurrency

Canada inflation rises to 3.1% in September; core measures ease ahead of Bank of Canada decision

CPI rose 3.1% in September as gasoline and energy surged, while the Bank of Canada’s preferred core inflation gauges cooled before its Oct. 28 policy decision.

#canada, #inflation, #bankofcanada, #cpi

Trump Signs Proclamations Banning Some Canadian Imports, Revises Tariff Lists Under Section 338

President Trump signed five proclamations under Section 338 banning some Canadian imports and revising tariffs on alcohol, dairy and autos.

#trade, #tariffs, #canada, #usa, #dairy

Canada's C$27.6 billion retaliatory tariffs on U.S. goods take effect

Canada's retaliatory surtaxes on C$27.6bn of U.S. goods — from steel and dairy to electronics — took effect Sept. 8; Ottawa unveiled a C$7.5bn support package.

#canada, #tariffs, #trade, #unitedstates

Ottawa Pledges $10 Billion to Back Nearly $70 Billion Clean Power Buildout in Labrador and Quebec

Ottawa will provide $10B to support a nearly $70B clean-energy package centered on Churchill Falls, Gull Island, Labrador wind and transmission.

#canada, #cleanenergy, #hydro, #labrador

Trump Imposes 50% Tariffs on Selected Canadian Goods Using Rare Section 338

Trump signs three proclamations imposing additional 50% tariffs on selected Canadian imports, including autos, alcohol and dairy; takes effect around Aug. 19.

#trade, #tariffs, #canada, #us

Morocco Beat Co-host Canada 3-0 to Reach 2026 World Cup Quarterfinals

Morocco routed co-host Canada 3-0 in Houston to reach the 2026 World Cup quarterfinals; Azzedine Ounahi scored twice.

#soccer, #worldcup2026, #morocco, #canada

Bank of Canada staff paper finds supply shocks drove majority of Canada's post‑pandemic inflation

A Bank of Canada staff paper finds supply-side pressures, not demand, accounted for the larger share of Canada’s post-pandemic inflation surge.

#canada, #inflation, #bankofcanada, #monetarypolicy

Bank of Canada staff hold Canada neutral-rate estimate; U.S. range raised on productivity, AI

Bank of Canada staff keep Canada's nominal neutral rate at 2.25–3.25% while raising the U.S. estimate to 2.50–3.50% on stronger productivity and AI.

#canada, #neutralrate, #bankofcanada, #ai

Macklem says Bank of Canada could raise or cut rates if U.S. trade curbs or oil-driven inflation shift outlook

Bank of Canada Gov. Tiff Macklem warned rates could rise or fall: cuts if U.S. trade curbs dent growth, hikes if sustained oil-driven inflation spreads. Rate held at 2.25%.

#canada, #bankofcanada, #inflation, #interestrates

Bank of Canada study: Canadian ports' global connectivity fell sharply from 2016 to 2023

Bank of Canada staff research finds a 28% drop in deadweight tonnage through Canadian ports and a marked fall in maritime network connectivity from 2016–2023.

#canada, #shipping, #trade, #bankofcanada, #ports

Canada Announces C$25 Billion "Canada Strong Fund" as First Federal Sovereign Wealth Vehicle

Prime Minister Mark Carney unveils the Canada Strong Fund, a C$25 billion federal investment vehicle to back energy, minerals, agriculture and infrastructure.

#canada, #sovereignwealth, #investment

Canada inflation accelerates to 2.4% in March as gasoline surge lifts headline rate

Canada’s annual inflation rose to 2.4% in March as a record monthly gasoline price jump pushed up energy costs, while core measures stayed near 2%.

#canada, #inflation, #bankofcanada, #gasoline