Rappler's latest stories on Canada economy
Canada unemployment drops in June 2020, nearly 1 million jobs created
Canada's unemployment rate is down to 12.3% in June 2020, but this remains much higher than the 5.6% in February 2020
Virus crisis sends Canada deficit soaring to all-time high
The Canadian government's debt is seen to surge from $765 billion in March 2020 to $1.236 trillion by March 2021
Canada trade deficit shrinks as exports rebound
Exports jump 6.7% to $34.6 billion, as 8 of Canada's 11 export sectors bounce back in May 2020
Canada consumer prices fall 0.4% in May 2020
Gasoline prices rebound, but are still down almost 30% year-on-year in Canada
Canada adds 290,000 jobs in May 2020 but unemployment rate still rises
Canada's unemployment rate still goes up to a record 13.7% as more Canadians look for work
Pandemic shutdown of auto sector hits Canada trade hard
Canada's total exports fall 29.7% in April 2020, while total imports are down 25.1% – described as 'unparalleled' declines
Canada's economy shrinks 8.2% in Q1 2020
The drop in Canada's gross domestic product in the 1st quarter of 2020 is the sharpest since the 1st quarter of 2009
Canada consumer prices fall 0.2% in April 2020
Plunging energy prices as a result of the coronavirus pandemic is the main contributor to the decline in Canada's inflation rate for April 2020
Canada loses most jobs ever due to pandemic, unemployment hits 13%
(UPDATED) The employment declines are observed in all Canadian provinces, but Quebec – which has the most coronavirus cases – leads all of them with 821,000 jobs lost
Canada's pandemic-hit farmers, food industries get emergency aid
The Canadian government is giving Can$252 million (US$180 million) in emergency aid to farmers and food producers hit by the coronavirus pandemic
Canada trade deficit widens as oil, car exports fall
Canada's exports fall 4.7% to Can$46.3 billion in March 2020, while imports decline 3.5% to Can$47.7 billion
Canada inflation slows 'the most since 2006'
The slowdown in Canada's inflation rate for March 2020 is mainly due to an 11.6% drop in energy prices
Bank of Canada holds rates after record economic plunge
Preliminary data show Canada's gross domestic product plunged 9% in March 2020, dragging down 1st quarter growth to -2.6%
Canadian lawmakers approve vast pandemic economic aid program
Canada's parliament approves a Can$73-billion (US$52-billion) program which aims to pay companies 75% of their employees' salaries to avoid massive layoffs
Canada jobless rate surges to 7.8% due to pandemic
The 2.2-percentage-point increase in Canada's unemployment rate in March 2020 is the biggest monthly rise since 1976
Canada pumps Can$200 billion into virus-stricken economy
Canada's measures include a 75% wage subsidy for small and medium business employees, and a series of grants, tax deferrals, lines of credit, and low-interest loans to businesses
Canada lawmakers pass coronavirus aid package after all-night session
Canada's measures include Can$52 billion ($37 billion) in direct support for families and businesses affected by the coronavirus pandemic
Canada announces coronavirus aid package
'This is a time where you should be focused on your health, not whether you're going to lose your job or not whether you're going to run out of money,' says Canadian Prime Minister Justin Trudeau
Canada spied on Brazil energy ministry – report
UPDATED Canada spied on communications at Brazil s Mining and Energy Ministry according to Canadian intelligence documents revealed Sunday
