Tag Archives: Economy

TORONTO - Strength in the basic materials sector helped Canada's main stock index finish more than 130 points higher on Friday, while U.S. markets were down and investors pored over employment data fr...

OTTAWA - Prime Minister Mark Carney announced Friday a suite of new measures to support sectors of the economy hit hardest by U.S. tariffs. The announcement includes $5 billion for a fund to help comp...

Ottawa has announced $370 million in new support for Canadian canola producers facing massive tariffs from China. The federal government said Friday that a new biofuel production incentive is meant to...

OTTAWA - The federal electric vehicle sales mandate will not be implemented in 2026 as planned, Prime Minister Mark Carney said Friday, pushing back by at least a year a policy that would have set min...

MONTREAL - A Quebec Superior Court judge has declared insolvent the North American branch of battery maker Northvolt as the provincial government looks to recover $260 million owed to it by the compan...

OTTAWA - The national unemployment rate was 7.1 per cent in August. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities. It cautions, ho...

OTTAWA - Canada's national unemployment rate was 7.1 per cent in August. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10...

OTTAWA - A quick look at Canada's August employment figures (numbers from the previous month in brackets): Unemployment rate: 7.1 per cent (6.9) Employment rate: 60.5 per cent (60.7) Participation rat...

TORONTO - Prime Minister Mark Carney is expected to make an announcement in the Greater Toronto Area today after meeting with his cabinet for two days to prepare for the return of Parliament. Carney's...

OTTAWA - The Canadian economy lost jobs for the second month in a row and the unemployment rate climbed to its highest level since May 2016, excluding the pandemic period, Statistics Canada reported o...