canadian economy

OTTAWA — Statistics Canada says the consumer price index in August rose 4.1 per cent compared with a year ago, the largest year-over-year inflation increase since March 2003.The jump compared with a gain of 3.7 per cent in July.…

OTTAWA — Statistics Canada says annual pace of inflation rose to 3.7 per cent in July, the biggest increase since May 2011.The year-over-year increase in the consumer price index compared with a 3.1 per cent increase in June as more of…

OTTAWA — Prices across the country rose at their fastest annual rate in a decade last month, with the promise of similar numbers through to the fall as the national economic reopening from pandemic measures allows consumers to spend more…

Ontario’s overall GDP fell by 5.0 per cent in 2020 compared to 2019, the largest decline in the province since records began in 1981, according to Statistics Canada.The province's GDP decline was shared by both broad industry categories…

A coalition of construction sector associations have allied to urge the federal and provincial governments to deliver on infrastructure investments.The newly formed Building for Recovery coalition includes Associated Equipment…

During the third quarter of 2020, the multi-suite residential and industrial sectors of Canada’s commercial real estate remained resilient despite the economic slowdown resulting from the pandemic.Meanwhile, the office and retail…

NEW CANADIAN MEDIAThe decrease in immigration caused by the pandemic has shaken the landscape of Canadian real estate to the core, states a newly released report by the Royal Bank of Canada.''Whether the changes are permanent or…

TORONTO - The economic recovery from the COVID-19 pandemic will take longer than originally expected, with British Columbia among the provinces best positioned to rebound, the Conference Board of Canada suggests. The Ottawa-based think…

As governments look to stimulus investments in infrastructure as a vehicle for economic recovery, there is an opportunity to support Ontario’s workforce to ensure the building industry can help meet Canada’s climate goals and create jobs,…