Mortgage rates have inched higher after the Federal Reserve cut benchmark interest rates, a counterintuitive but common phenomenon. The average 30-year fixed mortgage rate was 6.35%…
Canada’s unemployment rate unexpectedly fell and the economy posted another solid month of job gains, Statistics Canada said on Friday, signalling that joblessness has started to ease.In January,…
Canada’s inflation rate ticked up to two per cent in October, Statistics Canada said on Tuesday. The consumer price index had previously hit 1.6 per cent in September, thanks…
Canada’s annual inflation rate edged up to 2.9 per cent in May — an increase from 2.7 per cent in April — mostly due to higher prices for services, Statistics Canada…
The Canadian economy added a flat 27,000 jobs in May, while unemployment inched up slightly to 6.2 per cent, Statistics Canada said Friday.Economists were expecting an average of 30,000…