Canada’s March job report came out hotter than expected, adding more pressure on the Bank of Canada’s fight against inflation. … READ MORE >
Canada
Canada inflation slows in February
Canada’s inflation plunged to 5.2% from 5.9% on a year-ago basis as comparisons to last year’s elevated numbers kicked in, Statistics Canada reported on Tuesday. … READ MORE >
Canada’s job gains came in hotter than expected as wage growth spiked
The net change in Canada’s total employment dropped to 21,800 from a whopping 150,000 increase in January yet remained above the expectations of only 10,000. … READ MORE >
Canada’s economy stalled even as consumer spending held up
The Canadian economy stalled in the fourth quarter, eking out a 0.03% gain in what was a significant downside surprise from expectations of a 1.6% increase.= … READ MORE >
Canada’s annual inflation slows again, yet Bank of Canada’s work is not done
The consumer price index rose by 5.9% from 12 months ago in January, down from 6.3% in December, and lower than the market’s forecast at 6.1%. … READ MORE >
This week in energy: Russia oil price cap, natural gas outlook, nuclear SMRs
In this week’s energy industry analysis, we take a look at the European Union’s latest sanction on Russian oil, the Energy Information Administration’s natural gas outlook, and plans for North America’s first small modular reactor. … READ MORE >
Canada adds a robust 150,000 jobs in January as wage growth eases
Robust job gains combined with the unemployment rate holding steady near a record low at 5% should push the expectations of a recession—even a mild one—on hold, or at least push them to the second half of the year. … READ MORE >
Canadian economy grew by 0.1% in November
Canada’s gross domestic product growth remained unchanged in November at 0.1% as tightened monetary policies continued to slow the economy. … READ MORE >
This week in energy: U.S. LNG exports, oil and gas markets, Canada outlook
In this week’s energy industry analysis, we take a look at U.S. liquefied natural gas exports, oil and gas market conditions and a 2023 outlook for Canada’s energy sector. … READ MORE >
Canada job gains top forecast, complicating decision on rates
The Canadian labour market added 104,000 net jobs in December, significantly higher than the forecast of 5,000. … READ MORE >