Canadian GDP Growth Accelerated in Q4 to 2.6% Compared to an Upwardly Revised 2.2% in Q3

February 28, 2025

Canada Finished 2024 on a Stronger Note, But Tariffs Remain a Concern  This morning, Statistics Canada released the GDP data for the final quarter of last year, showing a stronger-than-expected increase in household final consumption spending, exports, and business investment. However, drawdowns of business inventories and higher imports tempered the overall growth. In Q4, the Canadian economy accelerated, with real […]

Canada’s January Unemployment Rate Fell to 6.6% On Stronger-Than-Expected Job Growth

February 7, 2025

Stronger-Than-Expected Jobs Report in January Today’s Labour Force Survey for January surprised on the high side as businesses expanded employment despite threats of a tariff war with the US.  According to Statistics Canada, employment increased by 76,000 last month, bringing the jobless rate down to 6.6%. Economists in a Bloomberg survey expected a smaller rise of 25,000 jobs, with the […]
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