Statistics Canada says the economy grew 0.7 per cent in January. The increase in real gross domestic product compared with a gain of 0.1 per cent in December. The growth also topped the agency’s preliminary estimate for the month of 0.5 per cent. It was the ninth consecutive monthly increase since the plunge in the […]
#canadaeconomy
Here’s where Canadian economists expect to see new jobs in 2021
Canadian economists looking toward the future say 2021 could bring rapid market changes and positive job creation, but potential growth may hinge on a successful vaccine rollout and a wider feeling that the pandemic is coming to an end. Canada’s unemployment rate sat at 8.6 per cent as of December 2020, down from a record […]
Canada’s economy grew another 0.4% in October, but still well shy of pre-COVID level
Canada’s economy grew by 0.4 per cent in October, the sixth straight month of expansion after a record-setting plunge in April. Statistics Canada said Wednesday that the country’s gross domestic product grew thanks to a 0.1 per cent expansion in goods-producing industries, and a 0.5 per cent increase from the service sector. The overall gain is […]