Economy news - NewsLocker

Gross domestic product at basic prices, by census metropolitan area, 2022

04-12-2025 14:30 via statcan.gc.ca

Data on the gross domestic product at basic prices, by census metropolitan area, are now available for 2022.

Read more
Canadian Economic News, November 2025

04-12-2025 14:30 via statcan.gc.ca

The November 2025 issue of Canadian Economic News is now available.

Read more
As cleanup costs mount, oilpatch may be forced to pay deposit before drilling new wells

04-12-2025 14:00 via cbc.ca

Alberta’s premier is floating the idea of making oil and gas companies pay a deposit before they can drill a new well, as the provincial government tries to tackle the large number of old oil and gas wells which require cleanup.

Read more
Chain restaurants are out. Restaurant groups are in

04-12-2025 12:00 via cbc.ca

A peek behind the curtain at how big players in the restaurant industry, who own multiple, seemingly independent restaurants, leverage better buying power as a way to survive post-COVID.

Read more
Advertisement
Food prices could increase in 2026, with meat leading the way, say Dalhousie researchers

04-12-2025 10:00 via cbc.ca

Food prices in Canada could increase by four to six per cent next year, largely led by pricier meat products, according to a forecast by researchers at Dalhousie University.

Read more
Air Transat pilots give union the power to declare a strike

03-12-2025 17:29 via cbc.ca

The union that represents Air Transat's pilots said on Wednesday that its members have voted overwhelmingly to authorize a strike.

Read more
Labour productivity, hourly compensation and unit labour cost, third quarter 2025

03-12-2025 14:30 via statcan.gc.ca

Labour productivity of Canadian businesses rebounded in the third quarter, increasing 0.9% after a 1.0% decline in the second quarter and no change in the first quarter. This was the sixth quarterly increase in eight quarters.

Read more
Italian fashion group Prada buys rival Versace

02-12-2025 21:03 via cbc.ca

The Prada Group closed the purchase of Milan fashion rival Versace in a $1.375 billion US ($1.93 billion Cdn) cash deal that puts the fashion house known for its sexy silhouettes under the same roof as Prada's "ugly chic" aesthetic and Miu Miu's youth-driven appeal.

Read more
Advertisement
Fiscal Arrangements Certificates: Federal Equalization Program, 2026/2027

02-12-2025 14:30 via statcan.gc.ca

Fiscal Arrangements Certificates prepared for the administration of the Federal-Provincial Fiscal Arrangements Act and its associated regulations for 2026/2027 are now available.

Read more
Laurentian Bank announces sale to Fairstone Bank and National Bank

02-12-2025 14:01 via cbc.ca

Fairstone Bank of Canada has agreed to acquire Laurentian Bank of Canada for $1.9 billion in cash. As part of the deal, Laurentian Bank will sell its retail and small-and-medium-sized business banking portfolios and syndicated loan portfolio to National Bank of Canada.

Read more
3 Canadian businesses surviving (and thriving) Trump’s tariffs

02-12-2025 04:02 via cbc.ca

While U.S. President Donald Trump's tariffs have been a nightmare for many Canadian businesses, some entrepreneurs see an opportunity. For The National, CBC’s Nick Purdon visits three Canadian companies to learn more about how they’re surviving — even thriving — in the face of trade uncertainty.

Read more
Algoma Steel issues layoff notices to 1,000 workers

01-12-2025 18:16 via cbc.ca

Algoma Steel says it has issued 1,000 layoff notices to workers at its plant in Sault Ste. Marie, Ont.

Read more
WestJet and Air Transat passengers fight back after airlines falsely claim they can’t film disputes

01-12-2025 10:00 via cbc.ca

Jason Huang says a WestJet employee grabbed his phone and threatened to deny him boarding when he began recording his conversation during airport check-in. Legal expert say passengers are within their rights to record these interactions, and video and audio recordings may help in battles for compensation.

Read more
Pay high duties or lose U.S. shoppers? Some Canadian retailers forced to choose amid holiday sales

01-12-2025 10:00 via cbc.ca

Months after the U.S. ended duty-free shipping on small packages, Canadian online retailers will have to make a tough gamble: pay pricey fees on low-value shipments, or get a holiday sales boost from American customers?

Read more
Should kidfluencers be banned? That’s the plan in the EU

30-11-2025 10:00 via cbc.ca

With the top kidfluencers in the world earning millions a year, leaders in the EU are worried the lure of lucrative sponsorship deals may tempt some parents to expliot their children in sponsored posts online. So this week, the EU announced plans to ban social media platforms from providing financial or material incentives for kidfluencing. Experts says Canada needs to come up with its own law.

Read more
Is Spotify losing the streaming wars as it faces boycotts, lawsuits and assorted controversies?

29-11-2025 10:00 via cbc.ca

The popular listening platform Spotify has dominated the streaming industry for years. But there have been recent calls to boycott the platform over controversies surrounding issues like artist compensation, its CEO and ICE ads. Are listeners finally fed up?

Read more
Canada's economy sees surprise boost in 3rd quarter, avoiding a technical recession

28-11-2025 14:39 via cbc.ca

The Canadian economy grew at an annualized rate of 2.6 per cent in the third quarter, Statistics Canada said on Friday, avoiding a technical recession largely due to a surge in defence spending.

Read more
Canada's economy grew at an annualized rate of 2.6% in 3rd quarter

28-11-2025 14:39 via cbc.ca

The Canadian economy grew at an annualized rate of 2.6 per cent in the third quarter, Statistics Canada said on Friday, offsetting the decline seen in the second quarter and avoiding a technical recession.

Read more
Gross domestic product, income and expenditure, third quarter 2025

28-11-2025 14:30 via statcan.gc.ca

Real gross domestic product increased 0.6% in the third quarter of 2025, after falling 0.5% in the second quarter. The rise in the third quarter was driven by a strengthening trade balance, as imports dropped and exports edged up.

Read more
Gross domestic product by industry, September 2025

28-11-2025 14:30 via statcan.gc.ca

Real gross domestic product rose 0.2% in September, up for the second time in three months, more than offsetting August's decline.

Read more
'Tis the season for holiday shopping. But are Canadian products on the list?

28-11-2025 10:00 via cbc.ca

Despite recent data suggesting the Buy Canadian movement is losing steam, some business owners are hopeful the boom they've been seeing will continue through Black Friday sales and throughout the holiday shopping season.

Read more
Here's what to know about the energy agreement between Ottawa and Alberta

27-11-2025 18:13 via cbc.ca

Prime Minister Mark Carney and Alberta Premier Danielle Smith have jointly agreed on a path forward for a new bitumen pipeline to the B.C. coast — a hugely significant development that the federal government is framing as a chance to further develop Alberta's energy sector, diversify Canada's economy and lessen dependence on the U.S.

Read more
Here's what to know about Canada's landmark energy agreement with Alberta

27-11-2025 18:13 via cbc.ca

Prime Minister Mark Carney and Alberta Premier Danielle Smith have jointly agreed on a path forward for a new bitumen pipeline to the B.C. coast — a hugely significant development that the federal government is framing as a chance to further develop Alberta's energy sector, diversify Canada's economy and lessen dependence on the U.S.

Read more
Monthly international merchandise trade data incorporated in the Canadian macroeconomic accounts for the third quarter of 2025

27-11-2025 14:30 via statcan.gc.ca

Today, Statistics Canada released Canada's balance of international payments (BOP) statistics for the third quarter of 2025. Tomorrow, November 28, statistics on Canada's gross domestic product (GDP) by expenditure will also be published. Both the quarterly BOP and the GDP by expenditure statistics rely on international merchandise trade data as an input.

Read more
Gross domestic expenditures on research and development

27-11-2025 14:30 via statcan.gc.ca

Data on the gross domestic expenditures on research and development are now available for 2023 (final), 2024 (preliminary) and 2025 (intentions).

Read more
Government spending by function, 2024

27-11-2025 14:30 via statcan.gc.ca

Spending by the consolidated Canadian general government—that is, all levels of government including the federal, provincial, territorial, local and other government entities combined—reached a new high in 2024.

Read more
Canada's balance of international payments, third quarter 2025

27-11-2025 14:30 via statcan.gc.ca

Canada's current account deficit (on a seasonally adjusted basis) narrowed by $11.9 billion to $9.7 billion in the third quarter of 2025.

Read more
Oilpatch drilling slows as oil and natural gas prices sink

26-11-2025 19:39 via cbc.ca

Low oil and natural gas prices are taking a toll on the industry as drilling activity is falling in Western Canada and job losses are mounting.

Read more
More Canadians are missing non-mortgage debt payments, says Equifax

26-11-2025 15:41 via cbc.ca

Equifax Canada says the number of consumers missing a non-mortgage debt payment in the third quarter rose compared with a year ago.

Read more
Product/Study: Economic and Social Reports: Source country matters: Citizenship trends among recent immigrants in Australia and Canada

26-11-2025 14:30 via statcan.gc.ca

Catalogue number 36280001 (HTML | PDF)

Read more
Product/Study: Economic and Social Reports: Lessons from Canadian exporters during the U.S. 2018/2019 steel and aluminum tariffs

26-11-2025 14:30 via statcan.gc.ca

Catalogue number 36280001 (HTML | PDF)

Read more
Product/Study: Economic and Social Reports: International transactions in securities during recent Canada-U.S. trade developments

26-11-2025 14:30 via statcan.gc.ca

Catalogue number 36280001 (HTML | PDF)

Read more
Product/Study: Economic and Social Reports: Innovation in diversified cities: Evidence from Canada's urban areas

26-11-2025 14:30 via statcan.gc.ca

Catalogue number 36280001 (HTML | PDF)

Read more
Product/Study: Economic and Social Reports: Geographic proximity between adult children and their parents in Canada

26-11-2025 14:30 via statcan.gc.ca

Catalogue number 36280001 (HTML | PDF)

Read more
Monthly estimates of business openings and closures, August 2025

25-11-2025 14:30 via statcan.gc.ca

In August, the business opening rate contracted 0.3 percentage points to 4.7%. This decrease has offset the 0.3% increase recorded in the previous month. The decline in the business opening rate in August was entirely driven by the 0.3 percentage point decrease in the entry rate, as the re-opening rate held steady at 3.3%.

Read more
Prestigious Chicago beer brewing school relocating to Montreal amid U.S. regulatory changes

25-11-2025 10:00 via cbc.ca

The Siebel Institute of Technology, North America’s oldest brewing school, is moving from Chicago to Montreal in January 2026. The relocation is aimed at improving accessibility for international students and expanding educational programs, including a new baking academy.

Read more
Why some young people are investing based on vibes, not research

23-11-2025 10:00 via cbc.ca

Some millennial and Gen Z Canadians believe it's harder to build wealth now than it was for their parents. So they're adopting more risk-taking investment strategies. Some say it's the only thing they think will help them get ahead financially.

Read more
Retailers feel Black Friday pressure as Canadians expected to tighten their spending

23-11-2025 10:00 via cbc.ca

With trade uncertainty, tariffs and rising prices, Canadian shoppers are expected to pull back this holiday season. Retailers are offering weeks-long discounts —and for some, their first Black Friday deals ever — in the hope of enticing people to spend.

Read more
An unhappy booze industry asks why alcohol was left out of interprovincial trade agreement

22-11-2025 10:00 via cbc.ca

Some in the alcohol industry say they’re perplexed and disappointed that booze was left out of a recent agreement between provinces to drop interprovincial trade barriers.

Read more
Canada Post, union agree in principle to deal after 2 years of contentious bargaining

22-11-2025 00:49 via cbc.ca

Canada Post and the union representing thousands of mail carriers across the country say the parties have reached agreements in principle after two years of contentious bargaining.

Read more
Consolidated Canadian Government Finance Statistics, 2024

21-11-2025 14:30 via statcan.gc.ca

The consolidated Canadian general government, which includes federal, provincial, territorial and local governments, recorded a deficit of $68.5 billion in 2024, down from the $94.0 billion deficit reported in 2023.

Read more
Why Canada is winning the travel trade war with the U.S.

21-11-2025 10:00 via cbc.ca

U.S. President Donald Trump’s divisive politics, tariffs and heightened border security have helped drive a decline in international tourism spending in the U.S. Meanwhile, polls and industry experts suggest a surge of Canadian patriotism and perceptions of Canada as a safe and friendly destination helped drive a record-breaking summer for tourism in the country.

Read more
China might be winning the AI race. Does it matter?

21-11-2025 10:00 via cbc.ca

A Beijing company recently released China's smartest artificial intelligence model yet — narrowing the gap between that country and the U.S. in a race that some have likened to a new cold war.

Read more
U.K. government moves to ban inflated resale of tickets for entertainment and sports events

20-11-2025 23:16 via cbc.ca

The U.K. government announced that it is banning the resale of concert, sports, and live event tickets above face value. Fans there could be saved from shelling out around $206 million annually for tickets.

Read more
Bell slashes nearly 700 jobs in latest round of layoffs

20-11-2025 20:30 via cbc.ca

Bell Canada says it's cutting about 690 employees, mostly managers, to help reduce debt and drive growth. The cuts follow thousands of company layoffs last year.

Read more
Canada's natural resource wealth, 2024

20-11-2025 14:30 via statcan.gc.ca

Canada's natural resource wealth—the dollar value of selected natural resource reserves—decreased by 10% from $1,520 billion in 2023 to $1,362 billion in 2024. These resources represented 8% of Canada's national wealth, as recorded in the National Balance Sheet Accounts in the fourth quarter of 2024. Energy resources (61%) accounted for the highest proportion of the total value of all natural resource assets in 2024, followed by mineral resources (28%) and timber (11%).

Read more
Do kids still want toys? Toy stores are struggling, but don't just blame screens

20-11-2025 10:00 via cbc.ca

In the age of screens, amid reports of retail stores struggling and studies suggesting that all kids want for Christmas are Robux, what does the future hold for the toy industry?

Read more
Are toy stores dying? Why big-box chains are struggling even as toy sales climb

20-11-2025 10:00 via cbc.ca

In the age of screens, amid reports of retail stores struggling and studies suggesting that all kids want for Christmas are Robux, what does the future hold for the toy industry?

Read more
Aritzia to open flagship store at old Nordstrom location in downtown Vancouver

20-11-2025 02:01 via cbc.ca

Vancouver fashion retailer Aritzia is set to open a 40,000-square-foot flagship store in a space at CF Pacific Centre formerly occupied by Nordstrom.

Read more
U.S. stock market sees unsettled day of trading ahead of Nvidia earnings report

19-11-2025 15:01 via cbc.ca

The U.S. stock market swung through another unsettled day of trading on Wednesday, ahead of a couple of crucial tests for Wall Street.

Read more

05 Dec 2025

04 Dec 2025 03 Dec 2025 02 Dec 2025 01 Dec 2025 30 Nov 2025