Dawn Desjardins

Canada Jobless Rate Falls to Four-Year Low

Canada’s unemployment rate unexpectedly fell to a four-year low in December as hiring rose for a fifth month, led by full-time jobs at private companies.

Canada Economy Slowed in Third Quarter on Exports

Canada’s economic growth slowed to a 0.6 percent annualized pace in the third quarter as consumer spending gains were offset by falling business investment and the fastest export decline since the end of the last recession.

Bank of Canada Keeps 1% Policy Rate Saying Increases to Come ‘Eventually’

Bank of Canada policy makers kept their key interest rate unchanged today and added language about a potential increase for the first time since September, saying they will raise rates “eventually” as the economy recovers.

Canada Inflation Was Slower Than Forecast on Natural Gas

Canadian consumer prices advanced less than economists forecast last month, suggesting Bank of Canada Governor Mark Carney doesn’t need to emphasize raising interest rates at next week’s decision.

Canada August Consumer Prices Unexpectedly Fall 0.1%

The cost of living in Canada unexpectedly fell in August, and the 12-month inflation rate slowed on decelerating energy costs, which may ease pressure on the Bank of Canada to continue raising interest rates.

Canadian Inflation Surges to Fastest Since 2003 in May Driven by Gasoline

Canada’s inflation rate unexpectedly accelerated in May to the fastest since March 2003, sparking the biggest gain in the country’s currency this month as investors increased bets the central bank will raise interest rates.

Canada Stability Will Entice Investors, Kinsale’s Franklin Says

Canadian capital markets will attract investment in 2012 due to the country’s relative stability, Margaret Franklin, chief executive officer of Kinsale Private Wealth Inc., said at a Bloomberg forum in Toronto.

Canada Joins ECB Keeping Stimulus as Risks Ease

The Bank of Canada today joined its peers in the euro region and U.K. in prolonging monetary stimulus and said the risks are edging toward quicker inflation and away from another global recession.

Carney Tighter Policy Bias to Keep Canada as G-7 Outlier

The Bank of Canada will probably remain an outlier among Group of Seven nations by keeping its inclination to raise borrowing costs in the future while other central banks consider new stimulus.

Canada Adds 58,200 Jobs in April, Unemployment Hits 7.3%

Canadian employment rose almost six times faster than economists forecast in April, led by private- sector and full-time positions, creating the largest two-month increase in more than 30 years and leading investors to raise bets on higher interest rates.

"The economy's lackluster performance is likely to curb any further decline in the unemployment rate in the near term."

- Dawn Desjardins on Jan 04, 2013

Canada

Mark Carney

Statistics Canada

Europe

Syria Says Israel Strike Sends Fireball Into Night

Malaysia Government Widens Election Lead Against Anwar

Israel 2023 Benchmark Bond Yield Jumps After S&P Rating, Syria

France Declares Austerity Over as Germany Offers Wiggle Room

Gillard Says Aussie’s Strength Forces ‘Grave’ Budget Decisions