Statistics Canada said Monday that the value of building permits issued in October rose 18 percent from September to $6.1 billion. The value of residential building projects issued permits in the month rose 3.8 percent to $3.4 billion, the third...
The Bank of Canada said Tuesday it was maintaining its one-quarter percent interest rate and said it plans to leave it there until the second quarter of 2010. In its statement from Ottawa, bank Governor Mark Carney and advisors said...
The number of Canadians receiving federal jobless benefits rose 7.1 percent on a monthly basis in September to 818,000, Statistics Canada reported Tuesday. Disbursements of Employment Insurance increased by 54,300 after two months of declines, the report said.
A Maple Leaf Foods plant that was scrubbed from top to bottom after a deadly listeriosis outbreak continued to have problems in the months that followed, newly released documents show. More than one million Maclaren strollers have been recalled in...
Canada experienced it first increase in the cost of living in five months in October compared with a year earlier, Statistics Canada reported Wednesday. "Consumer prices rose 0.1 percent in October compared with October 2008, following a 0.9 percent decline...
The agency said the gross domestic product rose 0.4 percent in September, but 0.1 percent for the whole third quarter. "Final domestic demand was bolstered by a second consecutive quarterly gain in personal expenditures and the first expansion in business...
Ottawa :: Canada
| updated Sat Nov 21 03:47:01 -0800 2009
| business-news
The recession continues to exact a heavy toll on financially strapped Canadians, sending 12,305 more individuals over the brink of bankruptcy in September. The number has soared 47.4 per cent from a year ago and adds to a continuing series...
Jobs disappeared much faster at the beginning of the latest recession than at the start of the slumps of 1981 and 1990, Statistics Canada reports. New housing prices were 2.7 per cent lower in September 2009 than they were 12...
Canadians are becoming more pessimistic over the strength of the economic recovery and what it will mean for their finances and job security, a new consumer confidence survey shows. The monthly Conference Board of Canada survey shows even as economists...
Ottawa :: Canada
| updated Sat Oct 17 14:53:28 -0700 2009
| business-news
Calgary Transit has rejected an advertising campaign for a new Glenbow Museum exhibit showing a sculpture of a naked newborn baby. An international company with no offices in Canada has won a bid to rebrand Calgary, and replace the city's...
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