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Canadian economy

Canadian dollar falls against the greenback

Published 11 May, 2026 08:23am

TORONTO: The Canadian dollar weakened against all the other Group of 10 currencies on Friday as domestic data showed...

Mark Carney sworn in as Canada’s prime minister, now faces Trump tariffs

Published 14 Mar, 2025 11:13pm

OTTAWA: Ex-central banker Mark Carney was formally sworn in as prime minister of Canada on Friday, putting him in a...

Canada economic growth slows

Published 30 Nov, 2024 06:26am

OTTAWA: Canada’s economic growth slowed in line with expectations to 1.0 percent in the third quarter, the ...

Canadian economy grew 3.1pc in first quarter

Published 05 Jun, 2023 03:27am

OTTAWA: Canada’s economy grew by a higher-than-expected 3.1 percent in the first quarter after remaining...

Domestic demand helps Canadian factory sector rebound in January

Published 01 Feb, 2023 08:20pm

TORONTO: Canadian manufacturing activity expanded in January for the first time in six months as an uptick in...

Canadian dollar weakens as stock market rally fades

Published 22 Dec, 2022 09:16pm

TORONTO: The Canadian dollar weakened against its U.S. counterpart on Thursday as a rebound in equity markets lost...

Canada’s annual inflation rate eases slightly to 6.8% in November

Published 21 Dec, 2022 07:17pm

OTTAWA: Canada’s annual inflation rate eased slightly to 6.8% in November as gas prices rose at slower pace and...

Canada October retail sales up 1.4% on gasoline, seen down 0.5% in November

Published 20 Dec, 2022 07:53pm

OTTAWA: Canadian retail sales rose by 1.4% in October from September, data showed on Tuesday, but an estimate for...

Canadian dollar rebounds from 6-week low as oil rallies

Published 19 Dec, 2022 08:39pm

TORONTO: The Canadian dollar strengthened against its U.S. counterpart on Monday, rebounding from a six-week low, as...

Canada home price index falls more sharply in November: Teranet

Published 19 Dec, 2022 07:14pm

TORONTO: Canadian home prices fell in November from the previous month and at a faster pace than in October, while...

Bank of Canada chief sees inflation ‘a little over’ 8% as soon as next week

Published 16 Jul, 2022 06:20pm

OTTAWA: The Bank of Canada expects inflation to go “a little over” 8%, as soon as next week when June’s data is...

Canada jobless rate hits record low, bolstering case for 75-bps rate hike

Published 10 Jun, 2022 07:26pm

OTTAWA: Canada’s jobless rate inched down to a new record low after adding more jobs than expected in May, official...

C$ slips as Shanghai lockdown measures weigh on oil

Published 09 Jun, 2022 07:33pm

TORONTO: The Canadian dollar weakened against its U.S. counterpart on Thursday, extending its pullback from a...

Bank of Canada says rates may have to double to 3%, or go even higher

Published 02 Jun, 2022 10:03pm

OTTAWA: The Bank of Canada will probably have to raise its policy rate to the top of its neutral range, double its...

Canada’s economy gains momentum in Q2, rate hikes loom

Published 31 May, 2022 09:38pm

OTTAWA: Canada’s economy was not as robust as expected in the first quarter, but had momentum heading into the...

C$ holds near multi-week high as EU bans Russian oil

Published 31 May, 2022 07:07pm

TORONTO: The Canadian dollar was little changed against its broadly stronger U.S. counterpart on Tuesday as oil...

Canada adds fewer jobs than expected in April, jobless rate dips to 5.2%

Published 06 May, 2022 06:00pm

OTTAWA: The Canadian economy added far fewer jobs than expected in April, though the unemployment rate inched down...

Canada loses 200,100 jobs in Jan, unemployment rate jumps to 6.5%

Published 04 Feb, 2022 07:27pm

The Canadian economy lost a net 200,100 jobs in January, more than analysts had expected, and the unemployment rate...

Canadian dollar steadies near 3-week low

Published 06 Nov, 2021 03:57am

TORONTO: The Canadian dollar was little changed against its US counterpart on Friday as domestic data showed jobs...

Canadian dollar steadies as jobs gain supports rate hike bets

Published 06 Nov, 2021 01:25am

TORONTO: The Canadian dollar was little changed against its U.S. counterpart on Friday, recovering from a three-week...

Canadian dollar firms as inflation climbs to 18-year high

Published 15 Sep, 2021 06:53pm

Canadian dollar strengthens 0.2% against the greenback
Canada's annual inflation rate accelerates to 4.1% in August
Price of US oil rises 2.1%
Canadian bond yields rise across the curve

Canadian dollar gains as risk appetite shows signs of recovery

Published 21 Jul, 2021 07:31pm

Canadian dollar strengthens 0.2% against the greenback
Canadian new home prices rise 0.6% in June from May
Price of US oil increases 1.7%
Canadian bond yields increase across a steeper curve

Canada adds 230,700 jobs in June, unemployment falls to 7.8pc

Published 09 Jul, 2021 06:12pm

The country added 230,700 jobs in June, beating analyst expectations of 195,000, as public health restrictions were eased in several regions of the country, Statscan said. The unemployment rate was 7.8%, just short of expectations of 7.7%.

Canadian dollar falls as investors weigh OPEC+ supply talks

Updated 06 Jul, 2021 07:20pm

Canadian dollar weakens 0.4% against the greenback.
Price of US oil decreases 0.5%.
Canadian 10-year yield eases 2.8 basis points to 1.373%.

Canadian retail sales slide in April, May as COVID-19 shutdown bites

Published 23 Jun, 2021 07:23pm

Retail trade fell 5.7% in April, the sharpest decline in a year, missing analyst forecasts of a 5.0% drop. In a preliminary estimate, Statscan said May retail sales likely fell by 3.2% as store closures dragged on.

Loonie steadies as Canada posts surprise trade surplus

Published 08 Jun, 2021 08:43pm

Canadian dollar trades in a range of 1.2071 to 1.2095.
Canada posts a trade surplus of C$594 million in April.
Price of US oil falls 0.6%.
Canadian 10-year yield hits its lowest in nearly two months.

Canadian dollar slides as inflation risk hits sentiment

Published 03 Jun, 2021 08:53pm

Canadian dollar falls 0.6% against the greenback.
Loonie touches its weakest since last Friday at 1.2114.
Oil touches its highest since October 2018 at $69.40 a barrel.
Canadian bond yields rise across much of a steeper curve.

Canadian dollar stays in reach of 6-year high as oil climbs

Published 02 Jun, 2021 08:14pm

Canadian dollar strengthens 0.1% against the greenback.
Canadian building permits fall by 0.5% in April.
Price of US oil climbs nearly 1%.
Canadian bond yields rise across much of the curve.

Canadian economic recovery hits snag in April

Published 02 Jun, 2021 04:29am

OTTAWA: Canada’s economy likely contracted in April, the first decline in a year, due to widespread lockdowns amid...

C$ heads for monthly gain as current account swings to surplus

Published 31 May, 2021 08:28pm

Canadian dollar dips 0.1% against the greenback.
Canada posts first current account surplus since 2008.
Price of US oil rises 1.4%.
Canadian bond yields edge lower across the curve.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 11	277.87
USD PKR Interbank Buying / Aug 11	277.67
USD to Japanese Yen / Aug 11	159.21
USD to Swiss Franc / Aug 11	0.81
Pound Sterling to USD / Aug 11	1.35
Euro to USD / Aug 11	1.15
SOFR % / Aug 11	3.62

Stock	Volume
S&P 500 / Aug 11	7,728.20
India Sensex / Aug 11	78,154.25
Nasdaq / Aug 11	26,445.45
FTSE 100 / Aug 11	10,844.19
Dow Jones / Aug 11	53,791.85
Germany DAX 30 / Aug 11	26,391.42
France CAC40 / Aug 11	8,714.94
Tokyo Nikkei / Aug 12	66,996.61
Hang Seng / Aug 12	25,361.63

Item	Value
Crude Oil USD/Barrel / Aug 11	83.45
Karachi Cotton PKR/37.32 KG / Aug 11	18,580
Gold 10 Grams PKR / Aug 11	394,149
Gold Spot USD/Ounce / Aug 11	4,370.32
Cotton US¢/pound / Aug 11	84.39
Petrol/Litre / Aug 12	325.92
Diesel/Litre / Aug 12	382.25

Gainers
Losers
Leaders

Stock	Price
Ashfaq Textile / Aug 12 Ashfaq Textile Mills Limited(ASHT)	44.84 ▲ 4.08 (10.01%)
Al-Khair Gadoon / Aug 12 Al-Khair Gadoon Limited(AKGL)	72.28 ▲ 6.57 (10%)
Aisha Steel (CPS) / Aug 12 Aisha Steel Mills Limited (CPS)(ASLCPS)	104.39 ▲ 9.49 (10%)
Asim Textile / Aug 12 Asim Textile Mills Limited(ASTM)	82.27 ▲ 7.48 (10%)
Buxly Paints / Aug 12 Buxly Paints Limited(BUXL)	305.49 ▲ 27.77 (10%)
Ruby Textile / Aug 12 Ruby Textile Mills Limited(RUBY)	25.51 ▲ 2.32 (10%)
Shadman Cotton / Aug 12 Shadman Cotton Mills Limited(SHCM)	68.98 ▲ 6.27 (10%)
J.K.Spinning / Aug 12 J.K. Spinning Mills Limited(JKSM)	347.65 ▲ 31.55 (9.98%)
Mughal Iron & Steel(C) / Aug 12 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	68.12 ▲ 5.16 (8.2%)
Tri-Star Power / Aug 12 Tri-Star Power Limited(TSPL)	19.58 ▲ 1.24 (6.76%)

Stock	Price
First Tri-Star Mod. / Aug 12 First Tri-Star Modaraba(FTSM)	49.21 ▼ -5.47 (-10%)
Elahi Cotton / Aug 12 Elahi Cotton Mills Limited(ELCM)	223 ▼ -23.94 (-9.69%)
D.M. Corporation / Aug 12 D.M. Corporation Limited(DMC)	170.01 ▼ -17.16 (-9.17%)
D.S. Ind. Ltd. / Aug 12 D.S. Industries Limited(DSIL)	15.21 ▼ -1.53 (-9.14%)
Blessed Tex. / Aug 12 Blessed Textiles Limited(BTL)	918.99 ▼ -62.37 (-6.36%)
Ali Asghar / Aug 12 Ali Asghar Textile Mills Limited(AATM)	60.08 ▼ -3.56 (-5.59%)
JS Global Cap. / Aug 12 JS Global Capital Limited(JSGCL)	161 ▼ -9 (-5.29%)
Khalid Siraj / Aug 12 Khalid Siraj Textile Mills Limited(KSTM)	13.25 ▼ -0.61 (-4.4%)
Haseeb Waqas / Aug 12 Haseeb Waqas Sugar Mills Limited(HWQS)	17.22 ▼ -0.77 (-4.28%)
Ideal Dynamics / Aug 12 Ideal Dynamics Limited(IDEAL)	39.02 ▼ -1.58 (-3.89%)

Stock	Volume
D.S. Ind. Ltd. / Aug 12 D.S. Industries Limited(DSIL)	35,962,096 ▼ -1.53
Thatta Cement / Aug 12 Thatta Cement Company Limited(THCCL)	13,276,799 ▲ 3.99
Siddiqsons Tin / Aug 12 Siddiqsons Tin Plate Limited(STPL)	7,588,662 ▲ 0.29
Hascol Petrol / Aug 12 Hascol Petroleum Limited(HASCOL)	5,522,991 ▲ 0.14
Cnergyico PK / Aug 12 Cnergyico PK Limited(CNERGY)	4,198,308 ▼ -0.01
Beco Steel Ltd / Aug 12 Beco Steel Limited(BECO)	2,963,777 ▲ 0.15
Treet Battery / Aug 12 Treet Battery Limited(TBL)	2,761,757 ▲ 0.44
Pak Refinery / Aug 12 Pakistan Refinery Limited(PRL)	2,264,571 ▲ 0.68
Unity Foods Ltd / Aug 12 Unity Foods Limited(UNITY)	2,205,138 ▲ 0.17
Secure Logistics-Trax Group / Aug 12 Secure Logistics-Trax Group Limited(SLGL)	2,039,708 ▼ -0.15

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