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Country	Interest Rate	Growth Rate	Inflation Rate	Jobless Rate	Current Account	Exchange Rate
Canada	0.75%	1.48%	1.80%	8.00%	-8	1.0419

Canada Economic News

Canada's Inflation Rises in July Published: 8/20/2010 12:20:31 PM By: TradingEconomics.com, Statistics Canada Consumer prices rose 1.8% in the 12 months to July, following a 1.0% increase in June. In July, consumer prices were affected by changes in consumption taxes in Nova Scotia, Ontario, and British Columbia.

Canada Trade Deficit Rises in June Published: 8/11/2010 10:32:35 AM By: TradingEconomics.com, Reuters Canada posted a trade deficit in June that was more than three times expectations, dragged down by exports of industrial goods and materials.

Canada Unexpectedly Lost Jobs in July Published: 8/6/2010 9:47:38 AM By: TradingEconomics.com, Bloomberg Canada unexpectedly lost jobs in July and the country’s unemployment rate increased because of a drop in full-time jobs at schools and in the finance industry.

Canada Economy Rises 0.1% in May Published: 8/2/2010 4:08:50 AM By: TradingEconomics.com, Bloomberg Canada’s gross domestic product expanded in May after stalling the month before, with mining and oil leading increased goods production, while wholesale and real estate activity declined.

Canada June Inflation Rate Slows to 1% Published: 7/23/2010 10:11:52 AM By: TradingEconomics.com, Bloomberg Canada’s annual inflation rate slowed in June as gasoline prices fell for the first time since October 2009 while the costs of home upkeep and car insurance advanced.

Canada Raises Key Rate to 0.75% Published: 7/20/2010 11:04:44 AM By: TradingEconomics.com, Bank of Canada The Bank of Canada raised its benchmark lending rate for a second month, and said that slower economic growth through next year means any future moves will be “weighed carefully.”

Canada Records Third Straight Trade Deficit in May Published: 7/13/2010 9:49:08 AM By: TradingEconomics.com, Bloomberg Canada reported a third straight merchandise trade deficit in May, as imports of machinery and equipment outpaced gains in exports, government figures showed.

Canada Jobless Rate Falls to 7.9% Published: 7/9/2010 9:15:05 AM By: TradingEconomics.com, Bloomberg Canada’s job creation was almost five times more than economists expected in June, restoring most of the country’s job losses since 2008 and bolstering the case for the central bank to raise interest rates for a second month.

Canada's Economy Stalls in April Published: 6/30/2010 9:37:53 AM By: TradingEconomics.com, Bloomberg Canada’s gross domestic product unexpectedly stalled in April after seven previous gains, as retailing and manufacturing declined while mining and wholesaling advanced.

Canada's Inflation Slows to 1.4% in May Published: 6/22/2010 9:08:44 AM By: TradingEconomics.com, Bloomberg Canada’s annual inflation rate slowed in May because of a moderation in gasoline costs and lower prices for clothing.

Canada Records Trade Surplus in April Published: 6/10/2010 10:25:30 AM By: TradingEconomics.com, AFP Canada's trade deficit turned into a surplus of 175 million Canadian dollars (169 million US) in April as imports fell faster than exports.

Canada Adds 24,700 Jobs in May Published: 6/4/2010 9:10:52 AM By: TradingEconomics.com, Bloomberg Canada’s economy added more jobs than economists expected in May, the fifth straight monthly gain, because of increased hiring in the transportation and health care industries.

Canada Raises Interest Rate Published: 6/1/2010 9:38:43 AM By: TradingEconomics.com, Bank of Canada The Bank of Canada raised its key interest rate from a record low today, the first Group of Seven country to do so since last year’s global recession, and said further moves will be “weighed carefully” against future growth in Canada and elsewhere.

Canada's Economy Grows 1.5% in Q1 Published: 5/31/2010 10:59:04 AM By: TradingEconomics.com, Statistics Canada Canada's real gross domestic product (GDP) increased 1.5% in the first quarter of 2010, after growing 1.2% in the fourth quarter of 2009

Canada’s House Prices Increase 11.6% in March Published: 5/26/2010 6:06:10 PM By: HOMAM ALATTAR The Canadian National Composite House Price Index?published by Teranet and National Bank of Canada?displayed an increase of 11.6% in March from last year to reach 133.47; the increase resembles a 1% rise since beginning of 2010.

Canada Inflation Accelerates Published: 5/21/2010 10:50:23 AM By: TradingEconomics.com, Bloomberg Canada’s annual inflation rate accelerated in April, led by car and gasoline prices, giving the central bank more scope to begin raising interest rates as soon as next month.

Canada's March Trade Surplus Narrows Published: 5/12/2010 10:05:48 AM By: TradingEconomics.com, Bloomberg Canada’s merchandise trade surplus unexpectedly narrowed in March, as prices for energy exports fell and industrial goods imports, including precious metals, rose the fastest since 1992.

Canada Posts Historic Gain in Jobs in April Published: 5/8/2010 7:58:24 PM By: TradingEconomics.com, Reuters A record number of Canadians returned to work in April, adding pressure on the Bank of Canada to raise interest rates in June, ahead of other major industrialized countries.

Canada's Economy Grew 0.3% in February Published: 4/30/2010 10:38:49 AM By: TradingEconomics.com, Bloomberg Canada’s economy expanded for a sixth consecutive month in February, led by manufacturing and spending related to the Vancouver Winter Olympics.

Canada's Inflation Slowed in March to 1.4% Published: 4/23/2010 11:59:52 AM By: TradingEconomics.com, Bloomberg Canada’s annual inflation rate unexpectedly slowed in March to 1.4 percent from 1.6 percent the previous month, as clothing and mortgage interest expenses declined while gasoline costs rose.

Bank of Canada Removes Commitment to Low Rates Published: 4/20/2010 9:41:13 AM By: TradingEconomics.com, Bank of Canada The Bank of Canada said it would keep its overnight deposit rate at 0.25%. It also removed a commitment made at recent meetings to keep interest rates at current levels through the second quarter of this year.

Canada Records Fifth Straight Trade Surplus Published: 4/13/2010 10:00:20 AM By: TradingEconomics.com, Bloomberg Canada posted a fifth straight trade surplus in February, the longest series since November 2008 and another sign of a growing economic recovery.

Canada Employment Rose by 17,900 Published: 4/9/2010 10:10:37 AM By: TradingEconomics.com, Bloomberg Canada added 17,900 jobs in March, fewer than economists predicted, as construction and natural resources companies hired while the service industry shrank.

Canada Economy Expanded 0.6% in January Published: 3/31/2010 9:50:21 AM By: TradingEconomics.com, Bloomberg Canada’s economy expanded at the fastest pace in three years in January, led by manufacturing, wholesaling and construction, adding to evidence that the country is recovering more quickly than policy makers expected.

Canada Core Inflation Rate Unexpectedly Accelerates Published: 3/19/2010 5:34:21 PM By: TradingEconomics.com, Bloomberg Canada’s core inflation rate unexpectedly accelerated in February on higher costs for automobile insurance and accommodation during the Vancouver Winter Olympics.

Canada Job Growth Beats Forecasts Published: 3/12/2010 10:10:54 AM By: TradingEconomics.com, Bloomberg Canada created more jobs than expected in February and the jobless rate fell to a 10-month low, cementing Prime Minister Stephen Harper’s view that the country’s economic recovery is under way.

Canada’s January Trade Surplus Widens Published: 3/11/2010 10:08:33 AM By: TradingEconomics.com, Bloomberg Canada posted a wider-than-expected trade surplus in January as exports rose and imports fell, while companies’ use of their production capacity increased in the fourth quarter.

Canada Keeps Lending Rate at 0.25% Published: 3/2/2010 9:55:00 AM By: TradingEconomics.com, Bank of Canada The Bank of Canada kept its benchmark interest rate at a record low today, and said that inflation and economic output have been higher than policy makers expected, signaling rate increases in coming months.

Canada Fourth-Quarter Growth Is Fastest Since 2000 Published: 3/1/2010 9:42:18 AM By: TradingEconomics.com, Bloomberg Canada’s economy expanded at a 5 percent annualized rate in the fourth quarter, faster than predicted by the Bank of Canada, raising pressure on policy makers to increase interest rates later this year.

Canada Inflation Quickens Published: 2/18/2010 9:59:10 AM By: TradingEconomics.com, Bloomberg Canada’s consumer prices rose in January at the fastest pace in more than a year, bringing the inflation rate closer to the central bank’s target, boosted by higher automobile ownership costs.

Canada Posts First Annual Trade Deficit in 34 Years Published: 2/10/2010 10:52:31 AM By: TradingEconomics.com, The Gazette Canada recorded its first annual trade deficit in 34 years last year amid a global recession and a "calamitous drop" in commodity prices.

Canada Gained Jobs in January Published: 2/5/2010 8:49:14 AM By: TradingEconomics.com, Bloomberg Canada gained more jobs than expected in January, led by part-time positions for youth, pushing the unemployment rate down. Employment rose by 43,000 last month, and the unemployment rate fell to 8.3 percent.

Canada Economy Expands 0.4% Published: 1/29/2010 10:03:36 AM By: TradingEconomics.com, Statistics Canada Real gross domestic product advanced 0.4% in November, a third consecutive monthly increase. As was the case in September and October, most major industrial sectors increased their production.

Canada Inflation Hits 10-month High Published: 1/20/2010 10:15:06 AM By: TradingEconomics.com, Reuters Higher gasoline prices pushed Canada's annual inflation rate to a 10-month high in December, but the data is unlikely to knock the Bank of Canada off track in its pledge to hold interest rates steady for some time.

Bank of Canada Holds Rate Low Published: 1/19/2010 9:56:51 AM By: TradingEconomics.com, Bloomberg Bank of Canada maintains overnight rate target at 0.25% and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010.

Canada Slips Back Into Trade Deficit in November Published: 1/16/2010 2:12:36 PM By: TradingEconomics.com, Reuters Canada's trade balance unexpectedly slipped back into deficit in November as strong imports, led by vehicles from the United States, outweighed export gains from rising oil prices.

Canada Jobs Unexpectedly Fall Published: 1/8/2010 8:43:49 AM By: TradingEconomics.com, Bloomberg Canada unexpectedly lost jobs in December, led by transportation and public administration, keeping the jobless rate close to the highest in more than a decade.

Canada's Economy Grew 0.2% in October Published: 12/23/2009 10:27:25 AM By: TradingEconomics.com, Bloomberg Canada’s economy grew 0.2 percent in October, less than economists expected, as gains in real estate services and utilities offset a drop in mining output.

Canada Inflation Quickens Published: 12/17/2009 9:32:12 AM By: TradingEconomics.com, Bloomberg Canadian consumer prices rose at their fastest pace in eight months in November because of higher gasoline costs, the national statistics agency said.

Canada Unexpectedly Swings to Trade Surplus Published: 12/10/2009 9:26:59 AM By: TradingEconomics.com, Bloomberg Canada posted its first trade surplus in four months in October on rising shipments and higher prices for the nation’s gold and energy.

Canada Keeps Rate at 0.25% Published: 12/8/2009 9:35:16 AM By: TradingEconomics.com, Bank of Canada Bank of Canada maintains overnight rate target at 0.25% and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010.

Canada Added 79,100 Jobs Published: 12/4/2009 10:36:10 AM By: TradingEconomics.com, Bloomberg Canadian employers added more than five times as many jobs as expected in November, led by education, manufacturing and finance, a sign of an accelerating economic recovery.

Canada Economy Grew 0.4% in Q3 Published: 11/30/2009 9:44:58 AM By: TradingEconomics.com, Bloomberg Canada’s economy grew for the first time in four quarters in the July-through-September period, signaling the country’s first recession since 1992 has ended.

Canada Inflation Rises for First Time in Five Months Published: 11/18/2009 9:23:47 AM By: TradingEconomics.com, Bloomberg Canadian consumer prices posted their first annual increase in five months, ending the longest streak of declines since 1953, Statistics Canada said.

Canada's Trade Deficit Narrows in September Published: 11/13/2009 9:35:47 AM By: TradingEconomics.com, Bloomberg Canada’s trade deficit narrowed in September to its lowest level in three months on rising exports of automobiles and metals.

Canada Cuts 43,200 Jobs in October Published: 11/6/2009 8:45:15 AM By: TradingEconomics.com, Bloomberg Canadian employers unexpectedly fired workers in October and the unemployment rate rose more than expected, suggesting the U.S.’s largest trading partner hasn’t fully recovered from the recession that began last year.

Canada's Economy Shrank 0.1% in August Published: 10/30/2009 9:28:28 AM By: TradingEconomics.com, Bloomberg Canada’s economy unexpectedly shrank in August, suggesting the economy may not have exited a recession in the third quarter after output was little changed in July.

Bank of Canada Keeps Rate Unchanged Published: 10/20/2009 9:15:09 AM By: TradingEconomics.com, Bank of Canada Bank of Canada maintains overnight rate target at 0.25% and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010.

Canada Posts Record Trade Deficit Published: 10/9/2009 10:10:54 AM By: TradingEconomics.com, Bloomberg Canada posted a record trade deficit in August on plunging exports of aircraft, telecommunications equipment and automotive products.

Canada Adds 30,600 Jobs Published: 10/9/2009 10:03:05 AM By: TradingEconomics.com, Bloomberg Canadian employers added jobs for the second straight month in September, and the unemployment rate unexpectedly fell, adding to evidence the U.S.’s largest trading partner is emerging from its recession.

Canada's Economy Stalls in July Published: 9/30/2009 9:42:25 AM By: TradingEconomics.com, Bloomberg Canada’s economy unexpectedly stalled in July as vehicle-related gains by manufacturers and wholesalers were offset by lower utilities and mining output.

Canada Inflation Falls More Than Expected Published: 9/17/2009 9:16:44 AM By: TradingEconomics.com, Bloomberg Canada’s consumer prices fell more than economists expected last month, almost matching the biggest decline in half a century, as gasoline costs plunged.

Canada Records Trade Deficit in July Published: 9/10/2009 9:49:58 AM By: TradingEconomics.com, Statistics Canada In Canada, imports and exports both increased in July as a result of broad-based growth in volumes. Imports were up 8.3% to $31.7 billion while exports grew 3.3% to $30.3 billion. As a result, Canada registered a trade deficit of $1.4 billion in July compared with a trade surplus of $37 million in June.

Bank of Canada Keeps Rate Unchanged Published: 9/10/2009 9:41:37 AM By: TradingEconomics.com, Bank of Canada The Bank of Canada kept its target for the overnight rate at 0.25% and repeated its commitment to keep it there until the end of the second quarter of 2010, conditional on the outlook for inflation.

Canada Posts First Job Gain in Four Months Published: 9/4/2009 9:30:47 AM By: TradingEconomics.com, Bloomberg Canada recorded a surprise job gain in August, the first in four months, suggesting the country is emerging from its first recession since 1992.

Is the Canadian Economy Recovering? Published: 9/3/2009 11:29:49 AM By: Anna Fedec, contact@tradingeconomics.com The Canadian GDP reading for June showed a 0.1% expansion, the first positive number in 10 months. But will Canada be one of the first developed economies coming out of this recession?

Canada Economy Shrinks 3.4% Published: 8/31/2009 9:14:20 AM By: TradingEconomics.com, Bloomberg Canada’s economy shrank faster than expected in the April-to-June period as the country’s first recession since 1991 is proving deeper than thought, even as growth in June indicates the contraction is nearing an end.

Canada Inflation Fall Most Since 1953 Published: 8/19/2009 9:30:22 AM By: TradingEconomics.com, Bloomberg Canada’s consumer prices last month fell the most since 1953 on an annual basis, giving the Bank of Canada scope to honor its commitment to keep the benchmark lending rate unchanged at a record low.

Canada Trade Deficit Narrows Published: 8/12/2009 9:43:31 AM By: TradingEconomics.com, Bloomberg Canada’s trade deficit narrowed more than economists predicted in June from the previous month’s record, as U.S. demand for crude oil boosted exports.

Canada July Jobs Loss Triple Economists’ Forecasts Published: 8/7/2009 9:24:58 AM By: TradingEconomics.com, Bloomberg Canada lost three times as many jobs as economists expected last month, led by construction and tourism-related businesses, signaling the country’s recovery from a recession may be slow.

Canada Economy Shrank 0.5% in May Published: 7/31/2009 9:27:44 AM By: TradingEconomics.com, Bloomberg Canada’s economy contracted for a 10th month in May because of falling manufacturing output, and declines in the mining and energy industries.

Bank of Canada Keeps Rate Unchanged Published: 7/21/2009 9:07:28 AM By: TradingEconomics.com, Bank of Canada Bank of Canada maintains overnight rate target at 1/4 per cent and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010

Canada Consumer Prices Fall Published: 7/17/2009 9:10:38 AM By: TradingEconomics.com, Bloomberg Canadian consumer prices posted an annual decrease last month for the first time since 1994 on gasoline prices, giving the Bank of Canada scope to maintain interest rates at record lows.

Canadian Economy May Recover in 2010 Published: 7/10/2009 12:52:47 PM By: Anna Fedec, contact@tradingeconomics.com Canada’s economy contracted for a ninth month in April. And although during the next few months economic output may still decline, at Trading Economics we think that Canadian economy may get out of the crisis faster than expected.

Canada Has Record C$1.42 Billion Trade Deficit Published: 7/10/2009 9:45:02 AM By: TradingEconomics.com, Bloomberg Canada’s trade deficit widened more than economists predicted to a record in May, when the country’s dollar appreciated at a record pace, as exports fell twice as fast as imports.

Canada Pares Fewer Jobs Than Expected Published: 7/10/2009 9:35:12 AM By: TradingEconomics.com, Bloomberg Canada lost fewer jobs than economists expected in June, as gains in finance and real estate offset some of the losses at factories, retailers and wholesalers. The unemployment rate rose to an 11-year high.

Canada's Economy Shrinks 0.1% in April Published: 6/30/2009 10:04:26 AM By: TradingEconomics.com, Bloomberg Canada’s economy contracted for a ninth month in April because of falling output in the retail, manufacturing and energy industries.

Canada Inflation Unexpected Rise in May Published: 6/18/2009 8:50:13 AM By: Tradingeconomics.com, Bloomberg Canadian consumer prices posted an unexpected annual increase last month on higher costs for food and household expenses such as child care, easing pressure on the Bank of Canada to add additional stimulus to the economy.

Canadian Economy May Recover in 2010 Published: 6/11/2009 3:53:46 PM By: Anna Fedec, contact@tradingeconomics.com In the first three months of 2009, Canada posted a 5.4% annualized drop in real GDP, the worst in almost 20 years. And although this quarter’s economic output may still decline, at Trading Economics we think that Canadian economy may get out of the crisis faster than expected.

Canada Posted Unexpected Trade Deficit in April Published: 6/10/2009 9:12:45 AM By: Tradingeconomics.com, Bloomberg Canada posted an unexpected trade deficit in April as exports fell the most in three months amid waning demand for the country’s commodities and industrial goods.

Canada Jobless Rate Hits 11-Year High Published: 6/5/2009 8:50:08 AM By: Tradingeconomics.com, Bloomberg Canada’s economy cut jobs for the sixth time in seven months in May and recorded the highest unemployment rate in 11 years as factories continued to fire workers amid the first recession since 1992.

Bank of Canada Keeps Rates Unchanged Published: 6/4/2009 10:44:57 AM By: Tradingeconomics.com, Bank of Canada The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent.

Canada's Economy Shrinks Published: 6/1/2009 9:19:32 AM By: TradingEconomics.com, Bloomberg Canada’s economy contracted at its fastest pace since 1991 in the first quarter, as the country’s businesses scaled back spending amid a slump in demand.

Canadian Economy May Recover Faster Than Expected Published: 5/26/2009 10:17:37 AM By: Anna Fedec, contact@tradingeconomics.com Canadian gross domestic product fell 0.1 percent in February, after declining 0.7% in January. And although this quarter’s economic output may be headed for its biggest quarterly decline since 1961 at Trading Economics we think that Canadian economy may get out of the crisis faster than expected.

Canadian Inflation Rate Drops to Lowest Since 1994 Published: 5/20/2009 9:22:02 AM By: TradingEconomics.com, Bloomberg Canada’s annual inflation rate fell to the lowest in more than fourteen years in April on falling energy prices, giving the Bank of Canada more scope to keep interest rates at record lows.

Canada Posts Larger Trade Surplus Than Expected Published: 5/12/2009 9:16:46 AM By: TradingEconomics.com, Statistics Canada Canada's merchandise imports and exports both declined in March, largely due to volume reductions. Imports decreased more than twice as fast as exports, leading to the widening of Canada's trade surplus with the world from $262 million in February to $1.1 billion in March.

Canada’s Self-Employed Lead to Unexpected Job Gain Published: 5/8/2009 8:52:00 AM By: TradingEconomics.com, Bloomberg Canada’s economy created new jobs for the first time in six months and the country’s unemployment rate remained unchanged in April, as workers facing the first recession since 1992 created new positions for themselves.

Canada's GDP Falls Published: 4/30/2009 6:55:23 AM By: TradingEconomics.com, Financial Post Canada's gross domestic product fell for the seventh month in a row, down 0.1% in February, driven lower by declines in mining and construction activities.

Bank of Canada Lowers Rates to 0.25% Published: 4/21/2009 6:05:04 AM By: TradingEconomics.com, Bank of Canada Bank of Canada lowers overnight rate target by 1/4 percentage point to 1/4 per cent and, conditional on the inflation outlook, commits to hold current policy rate until the end of the second quarter of 2010.

Canadian March Inflation Slows Unexpectedly Published: 4/19/2009 8:26:34 PM By: TradingEconomics.com, Bloomberg Canadian annual inflation unexpectedly slowed in March on falling gasoline and car prices, which may add to expectations the Bank of Canada will adopt extraordinary policies to boost growth.

Canada Posts Trade Surplus in February Published: 4/9/2009 7:18:02 AM By: TradingEconomics.com, Bloomberg Canada unexpectedly posted a trade surplus in February as a rebound in car and aircraft shipments led to the biggest exports gain in more than a year.

Canada’s Jobless Rate Rose to Highest in Seven Years Published: 4/9/2009 7:15:26 AM By: TradingEconomics.com, Bloomberg Canada’s jobless rate rose to the highest in seven years in March as employers fired workers for a fifth month, adding to evidence the country’s recession is worsening.

Canadian Economy May Get Out Of the Crisis Faster Than Expected Published: 4/1/2009 9:42:52 AM By: Anna Fedec, contact@tradingeconomics.com In January, Canadian gross domestic product fell 0.7 percent, a third consecutive month. What is behind this unprecedented slump? What can be done to soften the slowdown?

Canada Economy Dropped in January for Sixth Month Published: 3/31/2009 6:36:22 AM By: TradingEconomics.com, Bloomberg Canada’s economy contracted in January for a sixth straight month because of slumping automobile production and falling construction activity.

Canada Inflation Unexpectedly Accelerates Published: 3/19/2009 5:47:23 AM By: TradingEconomics.com, Bloomberg Canadian annual inflation unexpectedly accelerated in February as gasoline prices rose during the month.

Canada's Trade Deficit Widens Published: 3/13/2009 6:01:14 AM By: TradingEconomics.com, Statistics Canada Canada's trade deficit widened to $993 million in January 2009 from $652 million in December 2008, as both exports and imports fell, led by a sharp decline in automotive products trade. Overall exports fell 9.0% to $31.7 billion while imports fell 7.9% to $32.7 billion.

Canada Unemployment Highest Since 2003 Published: 3/13/2009 5:35:37 AM By: TradingEconomics.com, Bloomberg Canada lost more jobs than expected in February, led by construction, pushing the unemployment rate to the highest since 2003.

Canadian Economy May Get Out Of the Crisis Faster Than Expected (Update) Published: 3/3/2009 1:00:18 PM By: Anna Fedec, contact@tradingeconomics.com In the fourth quarter of 2008 Canadian gross domestic product fell at a 3.4 percent annualized rate, the fastest pace since 1991. What is behind this unprecedented slump? What can be done to soften the slowdown?

Canada Lowers Rates to 0.5% Published: 3/3/2009 6:05:54 AM By: TradingEconomics.com, Bank of Canada The Bank of Canada today announced that it is lowering its target for the overnight rate by one-half of a percentage point to 1/2 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 3/4 per cent.

Canada's Economy Shrinks at 3.4 Percent Pace Published: 3/2/2009 6:02:16 AM By: TradingEconomics.com, Bloomberg Canada's economy contracted at the fastest pace since 1991 in the fourth quarter, adding pressure on policy makers to cut the country's benchmark lending rate to a record low tomorrow.

Canada Inflation Fall for Fourth Month Published: 2/20/2009 5:29:40 AM By: TradingEconomics.com, Bloomberg Canadian consumer prices fell a fourth consecutive month in January, led by reduced costs for natural gas and motor vehicles.

Canada Has First Trade Deficit Since 1976 Published: 2/11/2009 6:19:55 AM By: TradingEconomics.com, Bloomberg Canada unexpectedly recorded its first monthly trade deficit in more than three decades in December as demand for the country’s commodities tumbled.

Canada's Employers Cut 129,000 Jobs in January Published: 2/6/2009 5:23:46 AM By: TradingEconomics.com, Bloomberg Canadian employers shed a record number of jobs in January, pushing the jobless rate to a 4-year high of 7.2 percent, as the country continues to suffer the effects of the global recession.

Canadian Economy May Get Out of The Crisis Faster Than Expected Published: 2/2/2009 7:34:35 PM By: Anna Fedec, contact@tradingeconomics.com In November, Canada's gross domestic product fell to 0.7 percent, its second straight decline and the biggest drop since August 2003.

Canada's Economy Shrinks Most Since 2003 Published: 2/1/2009 8:50:45 AM By: TradingEconomics.com, Bloomberg Canada's economy contracted in November by the most since the 2003 power outage, led by slumping production in the manufacturing and construction industries.

Canada Consumer Prices Fell Published: 1/23/2009 6:00:52 AM By: TradingEconomics.com, Bloomberg Canadian consumer prices fell a third consecutive month for the first time since 2005 in December, as energy prices plunged.

Canada Cuts Rate to 1% Published: 1/20/2009 6:39:55 AM By: TradingEconomics.com, Bloomberg The Bank of Canada slashed its key interest rate to the lowest since the institution was founded in 1934 and signaled that more cuts may be needed to jolt the economy out of recession and stabilize credit markets.

Canada Trade Deficit Expended Published: 1/13/2009 6:01:13 AM By: TradingEconomics.com, Statistics Canada Canada's trade balance with the world fell to $1.3 billion in November from a revised $2.3 billion in October.

Canada’s Jobless Rate Rises to 3-Year High Published: 1/9/2009 5:17:09 AM By: TradingEconomics.com, Bloomberg Canadian employment fell by almost twice as much as expected in December, led by construction, more evidence that the world’s eighth-biggest economy is suffering from the effects of a global recession.

Canada’s Economy Shrank Published: 12/29/2008 8:06:40 AM By: TradingEconomics.com, Bloomberg.com Canada’s economy contracted a less- than-anticipated 0.1 percent in October as wholesalers processed fewer shipments of automobiles and factory production dropped.

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