
statistics canada


Inflation jumps to 2.6%, complicating the BoC’s April rate cut decision amid tariff uncertainty
Canada’s headline inflation surged to 2.6% year-over-year in February, a sharp jump from January’s 1.9% and higher than economists had expected.

Five things to watch for in the Canadian business world in the coming week
Five things to watch for in the Canadian business world in the coming week:

Canadian household net worth climbs as assets gain, but debt levels also rising
Canadian households saw their net worth grow by $236.3 billion (+1.4%) in the fourth quarter of 2024, pushing total household wealth to $17.5 trillion, according to Statistics Canada.

Canadian building permit values fell 3.2% in January
The total value of building permits issued in Canada fell 3.2% in January, reaching $12.8 billion, according to Statistics Canada. The decline was mostly due to a drop in residential construction plans.

Q4 economic growth surges, but tariffs may sway BoC’s next move
Canada’s economy outperformed expectations to close out 2024, but economists say the Bank of Canada’s next move will likely hinge more on tariff risks than on last quarter’s growth.

Bank of Canada’s March rate cut odds drop to 30% after latest inflation data
Canada’s inflation report for January has led to a sharp decline in the chances of the Bank of Canada cutting rates in March.

Five things to watch for in the Canadian business world in the coming week
Five things to watch for in the Canadian business world in the coming week:

Building permits hit highest level since 2017
Canada’s construction sector ended 2024 on a high note, with the total value of building permits surging 11% in December to $13.1 billion, according to the latest data from Statistics Canada.

Canada’s January job surge beats expectations, but trade war uncertainty casts a shadow
Despite stronger-than-expected job growth in Canada for January, economists remain cautious as the looming threat of a trade war with the U.S. casts uncertainty over key sectors like manufacturing.