Canada’s Labour Force Survey for February came in much weaker than expected, predating the beginning of the war in Iran.

March 13, 2026

The Canadian Jobs Report Was Much Weaker Than Expected In February  Today’s Labour Force Survey showed considerable weakness last month, even before the Gulf War took hold of the global economy. Employment fell by 83,400 jobs after edging down in January (-25,000; -0.1%). This is the largest decline in employment in more than four years. On a year-over-year basis, employment was little […]

Canada’s Economy Declined by 0.6% in Q4, Taking Overall Real GDP Growth to 1.7% in 2025.

February 27, 2026

The Canadian Economy Shrinks by 0.6% in Q4, Owing to a Decline in Business Inventories Statistics Canada reported this morning that the Canadian economy contracted by 0.6% at a seasonally adjusted annual rate, a significant reversal from the 2.4% expansion posted in Q3. The weaker growth rate reflected a steep decline in business inventories, which was partially offset by increases […]

Canadian home sales fell 5.8% m/m in January, depressed by record winter storm in Ontario

February 18, 2026

Housing Activity Fell Again in January–Depressed by Record Winter Storm  Today’s release of January housing data by the Canadian Real Estate Association (CREA) showed the housing market frozen solid by the record winter storms. Both home sales and prices continued their downward trend, but have yet to attract the beleaguered first-time homebuyer.  The number of home sales recorded over Canadian […]
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