Economic Indicators

Ottawa posts $10.2-billion surplus in first quarter of fiscal year

Program expenditures fell by $29 billion or 25% as Covid-19 measures wind down

By The Canadian Press |August 26, 2022

1 min read

Powell: Fed could keep lifting rates sharply ‘for some time’

Powell's message may disappoint investors who were hoping for a signal that the Fed might soon moderate its rate increases

By Christopher Rugaber, The Associated Press |August 26, 2022

5 min read

Business confidence stable but low, CFIB says

Labour and cost challenges ebbed slightly in August

By Staff |August 25, 2022

2 min read

Government revision shows U.S. economy shrank 0.6% last quarter

The second straight quarter of economic contraction is an informal sign of recession

By Paul Wiseman, The Associated Press |August 25, 2022

2 min read