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Canadian flag and chart

Employment rose by a modest 15,000 jobs last month: StatCan

The central bank's next interest rate announcement is scheduled for Dec. 11

Canadian flag and chart

Steeper rates have increased the debt load of low- and middle-income households

Warehouse scene

The results came as total exports edged down 0.1% to $63.9B

US dollar

Economists say the total was held down by the effects of strikes, hurricanes

jobless puzzle pieces

Government reports that an inflation gauge closely watched by the Fed fell to its lowest level in three-and-a-half years

wood cut-outs

Job growth was held down in October by hurricanes and worker strikes

Graphic of U.S. currency

Consumer spending helps drive growth despite the weight of still-high interest rates

Financial Stress

Canadians are investing less because of inflation and higher interest rates

  • By: Kevin Press
  • October 30, 2024 October 30, 2024
  • 11:39
Stick figures

Job openings fell in particular at health-care companies, government agencies