Canada’s unemployment rate rises to 6.6% in August amid challenging summer job market Statistics Canada says the number of jobs added to the country's economy last month lagged the pace of population growth Bank of Canada cuts key interest rate again, signals more cuts ahead The nation's central bank announced the quarter percentage point rate cut on Wednesday Lower rates, fuller plates, can't lose By cutting interest rates, the Bank of Canada could ease back-to-school lunch costs BoC expected to cut key interest rate, despite stronger-than-anticipated growth in Q2 Despite economic growth in Q2, experts say momentum is weak heading into the Q3 Canada’s inflation rate fell to 2.5% in July, lowest since March 2021 Grocery prices are now rising at a much more modest pace Economy lost 2,800 jobs in July, unemployment rate unchanged at 6.4% Data suggests young people and recent immigrants have been among the most affected Inflation falls to 2.7% in June, driven by slower growth in gas prices: StatCan Grocery prices rose 2.1% year-over-year Canada's annual inflation rate rose to 2.9% in May, driven by services prices Statistics Canada publishes its consumer price index report for the month of May StatCan updates CPI basket to increase food weighting in inflation calculation Food now makes up 16.72% of the basket of goods used to measure the inflation rate Tech-savvy shoppers using AI to save money: Survey Canadians are using technology to stretch their dollars First Previous 3 4 5 6 7 Next Last
