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Lori MacDonald || August 06, 2023

Canada lost jobs in July, unemployment rate rises to 5.5%

The Canadian economy unexpectedly lost 6,400 jobs in July, according todatareleased this morning from Statistics Canada.The overall employment figure consisted of a loss of 8,100 part-time positions...

Lori MacDonald || July 24, 2023

Canadians are boosting savings amid economic concerns

Canadians aren’t taking any chances when it comes to their financial future as they prepare for the possibility of a forthcoming recession. According to data from TransUnion Canada, over a third of...

Lori MacDonald || July 19, 2023

Headline inflation slows more than expected to 2.8% in June

Canada’s headline inflation rate continued to ease in June, falling to a rate of 2.8%, slower than the 3.4% pace recorded in May.It also came in below forecasts, with a consensus of economists...

Lori MacDonald || July 05, 2023

Are we finally nearing the end of this rate-hike cycle?

Interest rates are front and centre these days, and for good reason. Despite a two-meeting rate pause by the Bank of Canada, the central bank resumed its rate hikes in June, sending interest costs...