🏦 Bank of Canada Raises Interest Rate to 2.5% as Inflation Concerns Grow
The Bank of Canada has officially increased its key interest rate by 0.25 percentage points, bringing it to 2.5%. This marks the central bank’s first interest rate hike since July 2023. The decision comes as inflation continues to put pressure on Canadians, with rising energy prices, global uncertainty, and higher business costs creating concerns about […]
📉 Canada Loses 68,000 Jobs in September as Labour Market Weakens
Canada’s job market experienced another difficult month in September 2026, with employment falling for the second consecutive month. The latest numbers are raising concerns about the economy and what they could mean for future interest rate decisions. 📊 Canada’s Job Market Takes Another Hit According to Statistics Canada, the Canadian economy lost 68,000 jobs in […]
Canada Adds 75,000 Jobs in July as Unemployment Falls to 6.4%
Canada’s labour market delivered another positive surprise in July, adding 75,000 jobs while the national unemployment rate dropped to 6.4%, its lowest level in two years. The latest figures from Statistics Canada point to continued improvement in employment after gains in both May and June. 📈 Canada’s Labour Market Strengthens Employment increased by 75,000 jobs, […]
Canada Adds 18,000 Jobs in June as Unemployment Rate Falls to 6.5%
Canada’s labour market continued to show signs of improvement in June, with the economy adding 18,000 jobs and the national unemployment rate edging down to 6.5%. The latest figures suggest that hiring momentum carried into the start of summer, following a much stronger increase in employment in May. 📊 June Job Growth Beats Expectations The […]
📊 Canada’s Job Market Surprises in May
Canada’s labour market showed unexpected strength in May, adding 88,000 jobs, according to the latest data from Statistics Canada. As a result, the national unemployment rate improved to 6.6%, down from 6.9% in April. This marks the first major employment increase since November 2025 and helps recover some of the job losses seen earlier this […]
Canada Lost Jobs in April as Unemployment Climbed to 6.9%
Canada’s job market slowed down in April, with the economy losing 17,700 jobs and the unemployment rate rising to 6.9%, according to Statistics Canada. Economists were actually expecting job growth, so the weaker numbers came as a surprise. 📉 What Happened? While Canada still has more jobs overall compared to last year, the country has […]
Bank of Canada Holds Rates Steady (April 2026)
The Bank of Canada has decided to keep its key interest rate at 2.25% for now. This comes despite rising oil prices and global tensions. While some expected a rate hike to control inflation, the Bank chose to hold steady and watch how things unfold. No immediate changes, but lots of uncertainty ahead. 📊 What’s […]
Canada’s Job Market Update: March 2026
Canada saw a small rebound in jobs this March, but the bigger picture still shows a slowing labour market. 📊 What Happened in March? Canada added 14,000 jobs in March, according to the latest data from Statistics Canada. While this is a step in the right direction, it only recovers a small portion of the […]
🏡 Ontario Proposes HST Break on New Homes
The Ontario government is planning a temporary tax break on newly built homes to help make housing more affordable. The proposal would remove the full 13% HST on eligible new homes for one year, working alongside the federal government. 💰 What Buyers Could Save If this plan goes through, here’s what it could mean: 🗓️ […]
Canada’s Economy Slows Down
Canada’s economy shrank more than expected in the last three months of 2025. 📉 GDP fell by 0.6% in the fourth quarter, according to Statistics Canada.For the full year, the economy grew by 1.7%, marking the weakest annual growth since the early days of the COVID-19 pandemic. That slowdown happened as businesses reduced their inventories, […]