Canada’s inflation rate dropped to 4.3% in March on an annual basis from 5.4% in the prior month, driven largely by comparisons to the surging energy and food prices of a year ago. … READ MORE >
Canada
Canada jobs report tops forecasts, showing resilience amid recession fears
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 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 >