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economy
Canadian retail in July a ‘positive surprise,’ but more rate cuts needed to spark lasting activity: analysts
Shoppers cross Yonge-Dundas Square outside Eaton Centre in Toronto on June 5, 2024. June 5, 2024. (Sammy Kogan/The Globe and Mail)
report on business
Statistics Canada looks to improve the way it tracks wireless plan pricing with new data
Statistics Canada has changed the way it tracks the price of wireless plans in an effort to capture a more accurate picture of what Canadians are paying when it calculates the inflation rate. A person uses a cell phone in Ottawa on July 18, 2022. THE CANADIAN PRESS/Sean Kilpatrick
economy
Canadian manufacturing sales up 1.4% to $71-billion in July
Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, fell 0.8 per cent to $82.2 billion in May. General view of production along the Honda CRV production line is shown during a tour of a Honda manufacturing plant in Alliston, Ont., Wednesday, Apr. 5, 2023. THE CANADIAN PRESS/Cole Burston
economy
Canadian household debt-to-income ratio down in second quarter, debt service ratio up
Statistics Canada says the amount Canadians owe relative to their income ticked lower in the second quarter. A magnifying glass enlarges the holographic image of Parliament Hill's Peace Tower on a $20 bill issued by the Bank of Canada, shown in a display case at the Bank of Canada Museum in Ottawa, on Wednesday, Sept. 4, 2024. THE CANADIAN PRESS/Justin Tang
economy
Canadian GDP in third quarter likely fell short of Bank of Canada’s forecast, economists say
Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and oilseed and grain, fell 1.1 per cent to $81.4 billion in March. A general view of production along the Honda CRV production line is shown during a tour of a Honda manufacturing plant in Alliston, Ont., Wednesday, Apr. 5, 2023. THE CANADIAN PRESS/Cole Burston
opinion
This is why your kid couldn’t find a summer job
Tony Keller
economy
Canada’s unemployment rate rises to 6.6% in August amid challenging summer job market
A customer enters a restaurant with help wanted signs Wednesday, November 17, 2021 in Laval, Que. Statistics Canada says the number of job vacancies at the beginning of April hit just over one million, up more than 40 per cent compared with a year earlier. THE CANADIAN PRESS/Ryan Remiorz
economy
Canada posted $684-million merchandise trade surplus in July
Shippers and producers are holding their breath ahead of possible strike by thousands of rail workers this month that would halt freight traffic, clog ports and disrupt industries. A shipping container is loaded onto a container ship in the Port of Montreal, Tuesday, Sept.19, 2023.THE CANADIAN PRESS/Christinne Muschi
opinion
The neighbourhood in which you live may reveal how long you’ll live
Michael Wolfson
economy
Retail sales down 0.3% in June as Canadians continue to grapple with high interest rates
Christmas shoppers at the CF Toronto Eaton Centre are photographed on Dec 20, 2022. Fred Lum/The Globe and Mail.
report on business
People with disabilities twice as likely to have food insecurity, StatCan report says
A new Statistics Canada report says people with disabilities are twice as likely to live in food insecure households than those without disabilities. The food bank in Regina opened a new location on Thursday, Aug. 15, 2024. THE CANADIAN PRESS/Jeremy Simes
report on business
Economists expect July inflation data to set the stage for more rate cuts
Governor of the Bank of Canada Tiff Macklem participates in a news conference in Ottawa on July 24, 2024. Canada's inflation rate likely took another dip last month, according to economists who expect the Bank of Canada to continue cutting interest rates throughout the fall. THE CANADIAN PRESS/Justin Tang
economy
Canadian manufacturing sales fell 2.1% to $69.6-billion in June
In this file photo Fabricator Mike Caldarino uses a grinder on a steel stairs being manufactured for a high school in Redmond, Wash., at George Third & Son Steel Fabricators and Erectors, in Burnaby, B.C., on Thursday March 29, 2018. Statistics Canada says manufacturing sales fell 2.1 per cent to $69.6 billion in June, as sales for the transportation equipment, chemical product and primary metal subsectors moved lower. THE CANADIAN PRESS/Darryl Dyck
economy
Canadian wholesale sales down 0.6% to $82.4-billion in June
Honda employees work along the vehicle assembly line in Alliston, Ont., on Thursday, April 25, 2024. Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, fell 0.6 per cent to $82.4 billion in June. THE CANADIAN PRESS/Nathan Denette
economy
Canada’s economy lost 2,800 jobs in July; unemployment rate unchanged at 6.4%
<div>Statistics Canada is set to release its latest reading on the jobs market for the month of February today. A cyclist moves past a jobs advertisement sign in Toronto on Wednesday, April 29, 2020. THE CANADIAN PRESS/Nathan Denette</div>
economy
Oil and gold exports help Canada swing to surprise trade surplus in June
A shipping container is unloaded in the Port of Montreal in Montreal, Quebec, Canada, May 17, 2021. REUTERS/Christinne Muschi
report on business
How a former child star left real estate lenders on the hook, the Home of the Week and more top real estate stories
Home of the Week: 46 Concession Rd. South, Tamworth, Ont.
report on business
Tiny share of Canadian homes are Airbnbs that have potential to be long-term housing
Home sales in Greater Vancouver are predicted to stay in line with last year’s slower pace, while prices will inch up slightly. Office towers, condos and apartment buildings are seen in downtown and the West End of Vancouver, on Thursday, Jan. 19, 2023. THE CANADIAN PRESS/Darryl Dyck
report on business
Number of federal workers hits new high in 2024, but pace of growth slows ahead of planned cuts
Statistics Canada building and signs are pictured in Ottawa on July 3, 2019. THE CANADIAN PRESS/Sean Kilpatrick
food and wine
What’s in your grocery cart? The Globe wants to hear about your shopping habits and hacks
Shopping basket with fresh food. Grocery supermarket, food and eats online buying and delivery concept. 3d illustration