Economic Indicators

Federal government posts $1.5B surplus for first two months of fiscal year

Economic Indicators

Federal government posts $1.5B surplus for first two months of fiscal year

Revenues rose by $1.3 billion on higher interest and employment insurance premiums, and greater proceeds from personal income tax

By The Canadian Press |July 28, 2023

1 min read

A closely-tracked inflation gauge falls to its lowest level in more than 2 years

Economic Indicators

A closely-tracked inflation gauge falls to its lowest level in more than 2 years

Weakening inflation suggests the Fed may be able to achieve a difficult ``soft landing'' for the economy

By Christopher Rugaber, The Associated Press |July 28, 2023

3 min read

Canadian venture capital funding bounces back in Q2

Economic Indicators

Canadian venture capital funding bounces back in Q2

But the $3.25 billion in total disbursements in the first half of the year compares with $4.72 billion in the first six months last year

By The Canadian Press |July 28, 2023

1 min read

ECB hikes interest rates and leaves door open to more

Economic Indicators

ECB hikes interest rates and leaves door open to more

The ninth straight increase aims to stamp out painfully high inflation

By David Mchugh, The Associated Press |July 27, 2023

3 min read