Business · Updated The Canadian economy was virtually unchanged in June, shedding 1,400 jobs, while unemployment rose 0.2 percentage points to 6.4 per cent, Statistics Canada said on Friday. Economy shed 1,400 jobs last month, according to Labour Force Survey Jenna Benchetrit · CBC News · Posted: Jul 05, 2024 8:40 AM EDT | Last Updated:
Canadian Dollar climbed on Friday, but Greenback remains popular bid. Canada added far more jobs than expected in April. US consumer sentiment tumbled, Fedspeak crimping rate cut hopes. The Canadian Dollar (CAD) surged on Friday after the Canadian economy added five times as many jobs as analysts expected. However, risk-off market sentiment is limiting the
Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter. Sign up today.EquitiesCanada’s main stock index rose at Monday’s open alongside improved global sentiment. On Wall Street, key indexes also started higher in the wake of another losing week.At 9:31 a.m.…
The project will provide 21,000 jobs, $890 million in annual provincial and federal taxes and about $2.5 billion in annual GDP By Deborah Jaremko There’s been a big step forward for a major proposed Canadian liquefied natural gas (LNG) project that’s seen as an opportunity for economic reconciliation with Indigenous communities and help to reduce…