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Tag: Canadian Economy

Canada

Canada’s Economy Stalls Again as September Data Signal Contraction

Canada’s economy showed virtually no growth for a second consecutive month in August, raising fresh concerns about the country’s economic momentum as preliminary figures point to a contraction in September. According to Statistics Canada, which released its latest gross domestic product figures on Friday, October 30, real GDP by industry was essentially unchanged in August. […]

Canada

Bank of Canada Expected to Raise Interest Rates as Inflation Hits 3.1%

OTTAWA, October 26, 2026 — The Bank of Canada is widely expected to raise its benchmark interest rate this Wednesday, as policymakers face growing pressure to contain inflation driven by rising energy prices, despite signs of weakness in the Canadian economy. According to a Reuters report published Monday, October 26, financial markets anticipate a quarter-percentage-point […]

Canada

Canadian Businesses Grow More Cautious as US Trade Dispute Deepens

OTTAWA — Canadian businesses are entering the final months of 2026 with growing uncertainty over trade relations with the United States, as concerns about tariffs, investment and consumer demand complicate economic planning. According to a Bank of Canada business survey reported by Reuters on October 19, executives expressed caution about future sales, hiring and investment […]

Canada

Bank of Canada Warns Lower Immigration Could Slow Economic Growth

OTTAWA — Canada’s aging population and declining immigration levels are reshaping the country’s economy, threatening to slow workforce growth and reduce its long-term productive capacity, according to a new analysis published by the Bank of Canada. In an assessment released on October 8, the central bank explained that demographic changes are affecting not only the […]

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