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Topic

Statistics Canada

Canadian dollar gains

Canadian dollar gains

Published 02 Mar, 2022 04:35am
TORONTO: The Canadian dollar edged higher against its US counterpart on Tuesday as investors weighed uncertainty...
Canada adds 230,700 jobs in June, unemployment falls to 7.8pc

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%.
TSX gains on energy boost, upbeat economic data

TSX gains on energy boost, upbeat economic data

Published 11 Jun, 2021 08:29pm
  • The energy sector climbed 0.8% as US crude prices were up 0.2% a barrel, while Brent crude was unchanged.
  • Toronto Stock Exchange's S&P/TSX composite index was up 39.12 points, or 0.2%, at 20,088.59.
TSX rises on energy stocks, retail sales boost

TSX rises on energy stocks, retail sales boost

Published 21 May, 2021 08:50pm
  • The energy sector climbed 1.3% as US crude prices rose 2.5%, while Brent crude added 2.0%.
  • Toronto Stock Exchange's S&P/TSX composite index was up 39.06 points, or 0.2%, at 19,582.01.
Canada annual inflation rises at fastest pace in a decade in April

Canada annual inflation rises at fastest pace in a decade in April

Updated 19 May, 2021 07:31pm
  • Canada's annual inflation rate rose to 3.4%, from 2.2% in March, Statistics Canada said. Analysts polled by Reuters had expected the annual rate to rise to 3.2% in April.
  • CPI common, which the Bank of Canada calls the best gauge of the economy's underperformance, was 1.7%, in line with analyst expectations. CPI median and trim both rose to 2.3%.
TSX slips as oil prices retreat from six-week highs

TSX slips as oil prices retreat from six-week highs

Published 30 Apr, 2021 08:39pm
  • The Canadian economy grew by 0.4% in February as retail trade rebounded after lockdown measures were eased across parts of the country, Statistics Canada said. A flash estimate showed GDP jumping 0.9% in March.
  • Toronto Stock Exchange's S&P/TSX composite index was down 40.62 points, or 0.21%, at 19,215.3.
Canada posts blockbuster job gain in March, but new lockdowns set to weigh

Canada posts blockbuster job gain in March, but new lockdowns set to weigh

Published 09 Apr, 2021 08:45pm
  • Statistics Canada said the country added 303,100 jobs in March, triple analyst expectations of 100,000, as a number of industries continued to recover from December and January shutdowns.
  • "This is another strong jobs report," said Ryan Brecht, a senior economist at Action Economics. "However, the outlook for April activity has been dented by the return of regional lockdowns."
Canada Feb factory sales seen falling 1.0pc

Canada Feb factory sales seen falling 1.0pc

Published 24 Mar, 2021 08:29pm
  • Factory sales gained 3.1% in January. Statscan said the estimate had been calculated based on responses received from 59.0% of companies surveyed.
  • The average final response rate for the survey over the past 12 months has been 90.4%, it added.
Canada inflation rate ticks up in February on gas prices

Canada inflation rate ticks up in February on gas prices

Published 17 Mar, 2021 08:23pm
  • All three core measures of inflation were steady in February. CPI common, which the Bank of Canada says is the best gauge of the economy's underperformance, was flat at 1.3%.
  • Generally speaking, you don't have emergency levels of disinflationary pressures to justify emergency levels of stimulus, in my opinion.
Spike in Canada exports to US leads to surprise January trade surplus

Spike in Canada exports to US leads to surprise January trade surplus

Published 05 Mar, 2021 09:43pm
  • Canada's trade surplus with the rest of the world was C$1.41 billion ($1.11 billion) in January, the largest since July 2014. Analysts polled by Reuters had predicted a deficit of C$1.40 billion.
  • "In a sea of really bad news this is an island paradise. Everything is up," said Peter Hall, chief economist at Export Development Canada.
TSX flat as weak retail sales data weighs; set for weekly loss

TSX flat as weak retail sales data weighs; set for weekly loss

Published 19 Feb, 2021 08:29pm
  • Domestic retail sales fell 3.4% in December to $53.38 billion ($42.37 billion), the biggest monthly drop since April, as COVID-19 restrictions hit businesses, Statistics Canada said.
  • Toronto Stock Exchange's S&P/TSX composite index was flat at 18,274.68 and was set to record its worst week so far this month.
Canada GDP up 0.7pc in November, Q4 GDP seen up 1.9pc

Canada GDP up 0.7pc in November, Q4 GDP seen up 1.9pc

Published 29 Jan, 2021 07:09pm
  • Canada's 2020 GDP most likely fell 5.1%, Statscan said in a preliminary estimate. The goods-producing sector posted a 1.2% increase in November, while the service-producing sector grew by 0.5%.
Canada December unemployment rate revised to 8.8pc

Canada December unemployment rate revised to 8.8pc

Published 25 Jan, 2021 08:22pm
  • The revision, undertaken to ensure the data was aligned with recent population and geographical boundary estimates, had "virtually no effect" on employment estimates for the pandemic period of March to December 2020.
Canada annual inflation rate slows to 0.7pc in December

Canada annual inflation rate slows to 0.7pc in December

Published 20 Jan, 2021 08:02pm
  • Headline inflation was below analyst expectations for inflation to remain at November's 1.0% rate. Consumer prices fell 0.2% on the month.
  • The Canadian dollar was trading 0.3% higher at 1.2692 to the greenback, or 78.79 US cents as investors bet on hefty US fiscal stimulus.
Canada loses 62,600 jobs in December, first decline since April

Canada loses 62,600 jobs in December, first decline since April

Published 08 Jan, 2021 08:28pm
  • Canada lost 62,600 jobs, more than double analyst expectations of a decline of 27,500, while the unemployment rate edged up to 8.6%.
  • Due to both the continuing rise in virus cases... and the further curtailments of activity since the last survey.
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