Tag Archives: Canada

US State Department said on Thursday that there has been significant progress in nuclear talks with Iran and we are close to a possible deal.However, a number of difficult issues remain unresolved and we will not have a deal unless we can resolve the remaining issues quickly. Oil slid 2% …

On Thursday, the Canadian Ministry of Health decided to use the Novavax vaccine for the Coronavirus in adults 18 years of age or older. The Ministry of Health in Canada has made it clear that the list of approved Corona vaccines has been updated with the (Pfizer – Novavax – …

Statistics Canada will release January Consumer Price Index (CPI) data on Wednesday, February 16 at 13:30 and as we get closer to the release time, here are the forecasts by the economists and researchers of three major banks regarding the upcoming Canadian inflation data. NBF “While we expect strong print …

Canadian Prime Minister Justin Trudeau activated rarely used emergency powers in the country in an attempt to end protests that have closed some border crossings with the United States and paralyzed parts of the capital. Under the emergency law, the government introduced measures aimed at cutting off funding to protesters …

Canada’s unemployment rate has surged to 6.5%. Many businesses closed up shop in January due to the spread of the Omicron variant, which resulted in the loss of work for hundreds of thousands of Canadians. Canada’s economy lost 200,000 jobs last month, according to Statistics Canada, as COVID-19 shutdowns related …

The Bank of Canada kept the interest rate unchanged this week but signaled imminent tightening at the next meeting in March. Next week, the key economic event will be the jobs report on Friday. Analysts at RBC Capital Markets see a drop of 70000 in employment in January. Key Quotes: …

According to a report released by Statistics Canada on Friday, Canadian Retail Sales rose 0.7% MoM in November, less than the expected 1.2% rise and a sharp acceleration from October’s 1.5% MoM rise (which was revised lower from 1.6%). Statistics Canada’s flash estimate for December showed that Retail Sales most …

The Canadian economy added 54.7K jobs in the month of December, above expectations for a 27.5K gain, though still a marked deceleration from the 153.7K jobs added in November, according to the latest release from Statistics Canada released on Friday. Canada saw 122.5K new jobs in full-time employment, whilst part-time …

According to a report released by the Statistics Canada on Tuesday, Canadian Retail Sales rose 1.6% MoM in October, more than the expected 1.0% rise and a sharp acceleration from September’s 0.6% MoM decline. To be updated…

Canada’s merchandise trade surplus with the world widened to C$2.09 billion in October from C$1.42 billion in September, monthly data published by Statistics Canada revealed on Tuesday. This reading beat market expectations for a surplus of C$2.00 billion.