economy

Statistics Canada’s offices at Tunny’s Pasture in Ottawa are shown on Friday, March 8, 2019. THE CANADIAN PRESS/Justin Tang

Statistics Canada says GDP grew at 5.4% annual rate in Q3

Economy edged up by 0.1% in September

 

Consider if you really need something before you buy it on Black Friday, says a professor from University of B.C. Pictured here, a person at a sale from Black Friday 2016. (THE CANADIAN PRESS/Justin Tang)

Consider need over deals when Black Friday bargain hunting, experts say

Don’t be ashamed to shop, but consider longtime usage, says UBC professor

 

Director/Writer Scott Cooper and Producer Guillermo del Toro on the set of ANTLERS. Photo by Kimberley French. © 2021 20th Century Studios All Rights Reserved

Filming an economic driver in small B.C. towns like Hope, says Canada’s Motion Picture Association

Four days of filming Antlers resulted in $10,000 for permit fees to district

 

Bank of Canada Governor Tiff Macklem speaks during a news conference, in Ottawa, Wednesday, Oct. 27, 2021. The Bank of Canada’s move to end its pandemic-driven purchases of government bonds to stimulate the economy, and warnings of rate hikes sooner than previously expected, has coloured federal efforts to craft an annual plan to mange the debt. THE CANADIAN PRESS/Adrian Wyld

End of quantitative easing shadows Liberals’ consultation on managing federal debt

Bank of Canada could start increasing key rate from 0.25% beginning in the second quarter of 2022

Bank of Canada Governor Tiff Macklem speaks during a news conference, in Ottawa, Wednesday, Oct. 27, 2021. The Bank of Canada’s move to end its pandemic-driven purchases of government bonds to stimulate the economy, and warnings of rate hikes sooner than previously expected, has coloured federal efforts to craft an annual plan to mange the debt. THE CANADIAN PRESS/Adrian Wyld
Office towers are photographed in Toronto’s financial district on Wednesday, June 27, 2018. THE CANADIAN PRESS/ Tijana Martin

Banking regulator planning for more frequent volatility ahead in financial sector

The regulator is working to better understand the risks and to increase disclosures

Office towers are photographed in Toronto’s financial district on Wednesday, June 27, 2018. THE CANADIAN PRESS/ Tijana Martin
Prime Minister Justin Trudeau, left, arrives with Deputy Prime Minister and Minister of Finance Chrystia Freeland as she prepares to table the federal budget in the House of Commons in Ottawa, on Monday, April 19, 2021. THE CANADIAN PRESS/Justin Tang

Liberals to face pressure to move quickly on fiscal plan as fourth wave hits economy

Analyst: Liberals are unlikely to start reining in spending with the pandemic ongoing

Prime Minister Justin Trudeau, left, arrives with Deputy Prime Minister and Minister of Finance Chrystia Freeland as she prepares to table the federal budget in the House of Commons in Ottawa, on Monday, April 19, 2021. THE CANADIAN PRESS/Justin Tang
Statistics Canada building and signs are pictured in Ottawa on Wednesday, July 3, 2019. THE CANADIAN PRESS/Sean Kilpatrick

Statistics Canada says economy contracted in second quarter of year

Agency said the drop was drive by declines in home resale activity, exports

Statistics Canada building and signs are pictured in Ottawa on Wednesday, July 3, 2019. THE CANADIAN PRESS/Sean Kilpatrick
Shell Canada President Susannah Pierce poses in this undated handout photo. The oil and gas sector is simply “not as attractive as it once was” to today’s young people, Pierce says. THE CANADIAN PRESS/HO, Shell Canada *MANDATORY CREDIT*

Top CEOs urge diversification as Alberta grapples to find its place in changing world

Alberta’s long-term unemployment rate is 2.4 per cent, higher than the national average of 1.4 per cent

Shell Canada President Susannah Pierce poses in this undated handout photo. The oil and gas sector is simply “not as attractive as it once was” to today’s young people, Pierce says. THE CANADIAN PRESS/HO, Shell Canada *MANDATORY CREDIT*
(Unsplash photo)

Survey says 1 in 3 Canadians looking to cash in on a side hustle

24% of respondents consider direct selling a realistic option to make more money

(Unsplash photo)
Bank buildings are photographed in Toronto’s financial district on Wednesday, June 27, 2018. Canadian banks are emerging from the pandemic flush with cash, but analysts say they’ll be looking at financial results out this week for hints of how the sector is transitioning towards more business as usual. THE CANADIAN PRESS/ Tijana Martin

Big Canadian banks set to release earnings as economy shifts to reopening

Loan growth will be a key area to watch as the economy reopen

Bank buildings are photographed in Toronto’s financial district on Wednesday, June 27, 2018. Canadian banks are emerging from the pandemic flush with cash, but analysts say they’ll be looking at financial results out this week for hints of how the sector is transitioning towards more business as usual. THE CANADIAN PRESS/ Tijana Martin
Statistics Canada says retail sales rose 4.2 per cent to $56.2 billion in June as public health restrictions were eased in many parts of the country. Shoppers are shown at West Edmonton Mall in Edmonton on Wednesday, December 9, 2020. THE CANADIAN PRESS/Amber Bracken

Statistics Canada says retail sales gained 4.2% in June as restrictions eased

Sales at general merchandise stores rose 7.4 per cent, while motor vehicle and parts dealers gained 2.7 per cent

Statistics Canada says retail sales rose 4.2 per cent to $56.2 billion in June as public health restrictions were eased in many parts of the country. Shoppers are shown at West Edmonton Mall in Edmonton on Wednesday, December 9, 2020. THE CANADIAN PRESS/Amber Bracken
B.C. Investment Management Corporation CEO Gordon Fyfe has led the corporation to achieve positive returns for the province’s civil service pension plan. (Kiernan Green/News Staff)

Record return: Victoria-based company sets new B.C. standard for pension investment

B.C. Investment Management Corporation gained 16.5 per cent in 2020 for civil service pension plan

B.C. Investment Management Corporation CEO Gordon Fyfe has led the corporation to achieve positive returns for the province’s civil service pension plan. (Kiernan Green/News Staff)
FILE – A sign on a shop window indicates the store is closed in Ottawa, Monday March 23, 2020. THE CANADIAN PRESS/Adrian Wyld

Women, BIPOC Canadians must remain focused as economy recovers from COVID: report

People who bore the brunt of pandemic restrictions must be taken into account

FILE – A sign on a shop window indicates the store is closed in Ottawa, Monday March 23, 2020. THE CANADIAN PRESS/Adrian Wyld
Bank of Canada Governor Tiff Macklem takes part in a news conference at the Bank of Canada in Ottawa on Tuesday, Dec. 15, 2020. THE CANADIAN PRESS/Sean Kilpatrick

Bank of Canada will act to cool inflation if prices run too hot, Macklem says

The central bank forecast inflation will run above 3 per cent this year

Bank of Canada Governor Tiff Macklem takes part in a news conference at the Bank of Canada in Ottawa on Tuesday, Dec. 15, 2020. THE CANADIAN PRESS/Sean Kilpatrick
Bank of Canada Governor Tiff Macklem takes part in a news conference at the Bank of Canada in Ottawa on Tuesday, Dec. 15, 2020. THE CANADIAN PRESS/Sean Kilpatrick

Bank of Canada cuts growth forecast for 2021, reduces bond-buying target

Bank now expects growth of 4.6 per cent in 2022, up from its earlier forecast of 3.7 per cent

Bank of Canada Governor Tiff Macklem takes part in a news conference at the Bank of Canada in Ottawa on Tuesday, Dec. 15, 2020. THE CANADIAN PRESS/Sean Kilpatrick
Vanessa Staniforth is shown in the garden at her home in Ottawa, on Friday, July 9, 2021. THE CANADIAN PRESS/Justin Tang

Gen Z, millennials playing a significant part in the Great Resignation trend

One-third of employed generation Z and millennial professionals polled reported plans to pursue a new job

Vanessa Staniforth is shown in the garden at her home in Ottawa, on Friday, July 9, 2021. THE CANADIAN PRESS/Justin Tang
The Bank of Canada in Ottawa on Tuesday, Dec. 15, 2020. THE CANADIAN PRESS/Sean Kilpatrick

Bank of Canada names Carolyn Rogers as new senior deputy governor

Rogers succeeds Carolyn Wilkins as the Bank of Canada’s second-in-command

The Bank of Canada in Ottawa on Tuesday, Dec. 15, 2020. THE CANADIAN PRESS/Sean Kilpatrick
(The Canadian Press)

IPOs booming as Canadian companies refuse to let crisis deter them from going public

TMX counted 158 new listings on the exchanges as of April, while all of last year had 300 and 2019 saw 273

(The Canadian Press)
A Helijet passenger helicopter lifts off from a helipad on the harbour past gantry cranes used to load and unload container ships at the DP World terminal at port, in Vancouver, B.C., Monday, Dec. 28, 2020. THE CANADIAN PRESS/Darryl Dyck

Canada posts $1.4B trade deficit in May as imports rose and exports fell

Statistics Canada said Friday the result followed a revised surplus of $462 million in April

A Helijet passenger helicopter lifts off from a helipad on the harbour past gantry cranes used to load and unload container ships at the DP World terminal at port, in Vancouver, B.C., Monday, Dec. 28, 2020. THE CANADIAN PRESS/Darryl Dyck
Canada’s Finance Minister Chrystia Freeland, is shown ahead of the G7 finance ministers meeting at Lancaster House in London, Friday June 4, 2021. THE CANADIAN PRESS/Steve Reigate/Pool via AP

Economic aid could be extended beyond the fall if recovery falters, Freeland says

As is, measures to extend business and unemployment benefits will be in place until the end of September

Canada’s Finance Minister Chrystia Freeland, is shown ahead of the G7 finance ministers meeting at Lancaster House in London, Friday June 4, 2021. THE CANADIAN PRESS/Steve Reigate/Pool via AP