statistics canada

The Bank of Canada cut its key interest rate for the second straight time, bringing its key rate down to 4.5 per cent. Forecasters say slowing inflation and a weak economy justified a second consecutive cut by the central bank. After a historic run-up, the central bank lowered its policy rate for the first time […]

Here is a roundup of stories from The Canadian Press designed to bring you up to speed… Interest rate cut possible this week: Economists Economists and market watchers are betting the Bank of Canada will deliver another interest rate cut this week amid mounting evidence that inflation is sustainably easing. Expectations that the bank will […]

Statistics Canada says airfares rose two per cent year-over-year in June, and continued to soar above pre-pandemic levels. Figures from the consumer price index show the increase follows a 4.5 per cent year-over-year bump in May and a fairly flat April. Prices also stood nearly 19 per cent above what travellers paid for their plane […]

Canada’s annual inflation rate fell to 2.7 per cent in June, with Statistics Canada largely attributing the deceleration to slower year-over-year growth in gasoline prices. In Saskatchewan inflation is at 1.4 per cent (1.5 the previous month.) Regina saw 1.4 per cent (1.5 previous month) with Saskatoon seeing a big bump, with the rate at 1.9 up […]

The Canadian job market stalled in June as the economy lost 1,400 jobs and the unemployment rate climbed to its highest level in more than two years, bolstering the case for further interest rate cuts by the Bank of Canada. Statistics Canada said Friday the unemployment rate came in at 6.4 per cent for the month, up from 6.2 […]

Statistics Canada has released a balance sheet for the agricultural sector of the country. The report details assets, liabilities and equity for agriculture in each province. Stats Canada says the value of equity in Canada’s farm sector totalled nearly $785 billion as of December 31, 2023. This is up $55 billion or 7.6 per cent […]

Saskatchewan is continuing to grow to record numbers. As of April 1st of this year, 1,231,043 people now call Saskatchewan home. According to the numbers from the provincial government, released by Statistics Canada, the population has increased by 30,503 people year over year. That’s almost enough to fill Mosaic Stadium. The Sask Party Government is […]

Statistics Canada has released a blizzard of farm income and expense statistics for 2022, 2023 and the first part of this year. In both 2022 and 2023, Alberta had higher farm cash receipts than Saskatchewan. However, Saskatchewan led all the provinces by a wide margin when it comes to net farm income. Realized net income […]

Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and oilseed and grain, fell 1.1 per cent to $81.4 billion in March.  The agency says the overall decline came as sales were down in three of the seven subsectors it tracks. The motor vehicle and motor vehicle parts and accessories subsector posted the largest […]

The Canadian economy lost momentum after a roaring start to the year, reinforcing economists’ expectations that the Bank of Canada is on track to cut interest rates in the coming months.  Statistics Canada reported Tuesday that real gross domestic product rose 0.2 per cent in February. That followed a 0.5 per cent gain in January.  […]