Bank Of Canada

The pale stone facade of the Bank of Canada on Wellington Street in Ottawa, with a carved coat of arms above tall windows, framed by two glass towers under a blue sky.

The Bank of Canada Raised Rates Expecting About 2 Per Cent Growth. Two Days Later, the Data Put the Quarter Nearer 1.2 Per Cent.

Canada's real GDP was essentially unchanged in August, the second flat month in a row, and an early estimate shows a 0.1 per cent decline in September, Statistics Canada said on Friday 30 October. Economists had expected a 0.2 per cent gain. The figures came two days after the Bank of Canada raised its policy rate to 2.5 per cent.

By Daniel Okafor 2 hours ago

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World

Canada Lost 68,000 Jobs. The Public Sector Lost 70,000, and the Private Sector Held Steady.

Statistics Canada reported on Friday that employment fell by 68,000 in September, the second straight monthly decline, and the unemployment rate rose to 6.5 per cent. Economists had expected a gain of about 9,200. The public sector accounted for more than the whole drop.

By Cory Chamberlain October 10, 2026

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The Bank of Canada Raised Rates Expecting About 2 Per Cent Growth. Two Days Later, the Data Put the Quarter Nearer 1.2 Per Cent.

Canada Lost 68,000 Jobs. The Public Sector Lost 70,000, and the Private Sector Held Steady.