economy

The Bank of Canada building is seen in Ottawa, Wednesday, April 15, 2020. The Bank of Canada will release its updated outlook for the country’s pandemic-plagued economy. THE CANADIAN PRESS/Adrian Wyld

Bank of Canada set to release updated outlook for economy, inflation

More detailed analysis of forecast to be provided

 

Path to economic recovery filled with risks that need to be managed, Macklem says

Path to economic recovery filled with risks that need to be managed, Macklem says

Path to economic recovery filled with risks that need to be managed, Macklem says

 

Bank of Canada Governor Tiff Macklem speaks during a news conference at the Bank of Canada Thursday Sept.10, 2020 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
Bank of Canada Governor Tiff Macklem speaks during a news conference at the Bank of Canada Thursday Sept.10, 2020 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
Economic rebound slows as Statistics Canada says economy grew 3.0 per cent in July

Economic rebound slows as Statistics Canada says economy grew 3.0 per cent in July

Economic rebound slows as Statistics Canada says economy grew 3.0 per cent in July

Economic rebound slows as Statistics Canada says economy grew 3.0 per cent in July
Oil prices are not expected to recover to pre-COVID-19 levels until late 2022 or early 2023. “If prices don’t recover until 2023, it could be a long time before we see that industry start to make up lost ground,” says the Conference Board of Canada’s senior economist.(File photo by THE CANADIAN PRESS)

Alberta consumer confidence on the rise

Conference Board of Canada’s releases latest economic outlook forecast

  • Sep 30, 2020
Oil prices are not expected to recover to pre-COVID-19 levels until late 2022 or early 2023. “If prices don’t recover until 2023, it could be a long time before we see that industry start to make up lost ground,” says the Conference Board of Canada’s senior economist.(File photo by THE CANADIAN PRESS)
A woman checks out a jobs advertisement sign during the COVID-19 pandemic in Toronto on Wednesday, April 29, 2020. Statistics Canada will say this morning how well the country’s job market fared last month.After seeing a historic drop of some three million jobs over March and April, gains since then have recovered just over half of what was lost. THE CANADIAN PRESS/Nathan Denette
A woman checks out a jobs advertisement sign during the COVID-19 pandemic in Toronto on Wednesday, April 29, 2020. Statistics Canada will say this morning how well the country’s job market fared last month.After seeing a historic drop of some three million jobs over March and April, gains since then have recovered just over half of what was lost. THE CANADIAN PRESS/Nathan Denette
Statistics Canada building and signs are pictured in Ottawa on Wednesday, July 3, 2019. Canada says the economy posted its steepest decline on record in the second quarter as the COVID-19 pandemic forced the closure of non-essential businesses and slowed the economy to a crawl. THE CANADIAN PRESS/Sean Kilpatrick
Statistics Canada building and signs are pictured in Ottawa on Wednesday, July 3, 2019. Canada says the economy posted its steepest decline on record in the second quarter as the COVID-19 pandemic forced the closure of non-essential businesses and slowed the economy to a crawl. THE CANADIAN PRESS/Sean Kilpatrick
US retail sales regain pre-virus level but slowdown likely

US retail sales regain pre-virus level but slowdown likely

WASHINGTON — Americans increased their retail purchases by 1.2% in July, with…

US retail sales regain pre-virus level but slowdown likely
Economy grew 4.5% in May, Statistics Canada says

Economy grew 4.5% in May, Statistics Canada says

Economy grew 4.5% in May, Statistics Canada says

Economy grew 4.5% in May, Statistics Canada says
The ongoing sharp deterioration in U.S.-China ties poses risks to both countries and the rest of the world, in a July 26, 2020 story. (Photo by THE ASSOCIATED PRESS)

Trade, technology and security at risk in US-China feud

BEIJING — They have the largest economies in the world. They spend…

  • Jul 27, 2020
The ongoing sharp deterioration in U.S.-China ties poses risks to both countries and the rest of the world, in a July 26, 2020 story. (Photo by THE ASSOCIATED PRESS)
Bank of Canada Tiff Macklem will provide an economic update on July 15, 2020. (Photo by THE CANADIAN PRESS)

Bank of Canada set to make rate announcement, release economic outlook

OTTAWA — The Bank of Canada will make its latest interest rate…

Bank of Canada Tiff Macklem will provide an economic update on July 15, 2020. (Photo by THE CANADIAN PRESS)
Statistics Canada says 953,000 jobs were created last month, in a July 10 2020 story. (Photo by THE CANADIAN PRESS)

Economy adds 953,000 jobs in June, unemployment rate falls

OTTAWA — Statistics Canada says the economy added nearly one million jobs…

Statistics Canada says 953,000 jobs were created last month, in a July 10 2020 story. (Photo by THE CANADIAN PRESS)
Imports fell 3.9 per cent in May to $35.3 billion, despite the partial reopening of the economy, in a July 2, 2020 story. (Photo by THE CANADIAN PRESS)

Trade deficit narrowed in May as exports rose and imports fell again

OTTAWA — Statistics Canada says the country’s merchandise trade deficit narrowed in…

Imports fell 3.9 per cent in May to $35.3 billion, despite the partial reopening of the economy, in a July 2, 2020 story. (Photo by THE CANADIAN PRESS)
Red Deer and District Chamber of Commerce CEO Rick More Advocate file photo

Red Deer chamber of commerce lauds corporate tax cut

Alberta corporate tax cut reduced to eight per cent to boost economy

  • Jun 30, 2020
Red Deer and District Chamber of Commerce CEO Rick More Advocate file photo
Statistics Canada says the national gross domestic product fell 11.6 per cent in April, in a June 30, 2020 story. (Photo by THE CANADIAN PRESS)

Statistics Canada says economy posted record 11.6 per cent plunge in April

OTTAWA — Statistics Canada says the economy saw its largest monthly drop…

Statistics Canada says the national gross domestic product fell 11.6 per cent in April, in a June 30, 2020 story. (Photo by THE CANADIAN PRESS)
Kenney says ambitious, long-term Alberta economy reboot plan coming Monday

Kenney says ambitious, long-term Alberta economy reboot plan coming Monday

Kenney says ambitious, long-term Alberta economy reboot plan coming Monday

Kenney says ambitious, long-term Alberta economy reboot plan coming Monday
Motor vehicle and motor vehicle parts and accessories subsector fell by a whopping 64.7 per cent in April, in a June 18, 2020 story. (Photo by THE CANADIAN PRESS)

Statistics Canada says wholesale sales posted record plunge in April

OTTAWA — Statistics Canada says wholesale sales fell by a record 21.6…

Motor vehicle and motor vehicle parts and accessories subsector fell by a whopping 64.7 per cent in April, in a June 18, 2020 story. (Photo by THE CANADIAN PRESS)
Federal economics and fiscal ‘snapshot’ coming July 8: Trudeau

Federal economics and fiscal ‘snapshot’ coming July 8: Trudeau

Federal economics and fiscal ‘snapshot’ coming July 8: Trudeau

Federal economics and fiscal ‘snapshot’ coming July 8: Trudeau
Hundreds of millions of people around the world have lost their jobs due to the pandemic, in a June 10, 2020 story. (Photo by THE ASSOCIATED PRESS)

Virus pummels global economy, jobs – even without 2nd wave

PARIS — The virus crisis has triggered the worst global recession in…

  • Jun 10, 2020
Hundreds of millions of people around the world have lost their jobs due to the pandemic, in a June 10, 2020 story. (Photo by THE ASSOCIATED PRESS)