economy

Canada’s annual inflation falls to 3.8% in September, grocery prices rise more slowly

Canada’s annual inflation falls to 3.8% in September, grocery prices rise more slowly

Oct 17, 2023 | 8:08am
Canada’s annual inflation rate slowed to 3.8 per cent in September as prices for a range of goods and services rise more slowly, including durable goods and grocery prices. Statistics Canada released its latest consumer price index report on Tuesday, which showed inflation resumed its decline, after rising during the summer to four per cent in August. The federal […]
Manufacturing sales, wholesale trade climb in August: Statistics Canada

Manufacturing sales, wholesale trade climb in August: Statistics Canada

Oct 16, 2023 | 8:37am
Two key indicators of the economy climbed in August as Statistics Canada reported manufacturing sales rose 0.7 per cent to $72.4 billion that month, while wholesale trade sales excluding petroleum, petroleum products and other hydrocarbons, and excluding oilseed and grain, increased 2.3 per cent to $83 billion. Sales in Ontario led provincial gains, followed by Saskatchewan and […]
Opening Grain Prices, Wednesday October 11th

Opening Grain Prices, Wednesday October 11th

Oct 11, 2023 | 9:32am
Opening Grain Prices Wednesday Oct 11 Durum                           509.23 Feed barley                   277.58 Canola                           660.52  Chickpeas                     1036.17 Flax                                611.54 Lentils                            780.50  Oats                               294.32 Yellow Peas                   387.89 Feed Wheat                   235.46 1 Red Spring Wheat     321.92 
Economy adds 64K jobs in September, unemployment rate holds steady at 5.5%

Economy adds 64K jobs in September, unemployment rate holds steady at 5.5%

Oct 6, 2023 | 10:10am
The Canadian economy added more jobs than expected last month, but with the gains driven by a seasonal spike in education employment and an increase in part-time work, economists say the job market is weaker than it looks. Statistics Canada released its September labour force survey Friday morning, which shows employment rose by 64,000 jobs. The unemployment rate continued […]
Parliament resuming as parties jockey for position on cost of living, housing fixes

Parliament resuming as parties jockey for position on cost of living, housing fixes

Sep 18, 2023 | 5:00am
Members of Parliament will return to their seats in the House of Commons on Monday as the governing Liberals lay out new housing and cost-of-living initiatives hoping to end the beating their party is taking in the polls. While the Conservatives, whose own poll numbers are shining, return with a spring in their step, the […]
Surplus Down in Quarterly Financial Update

Surplus Down in Quarterly Financial Update

Aug 31, 2023 | 11:26am
-With files from the Canadian Press- The Saskatchewan government is forecasting a lower surplus than budgeted this year due to decreased resource revenues and higher expenses. In her first-quarter fiscal update, finance minister Donna Harpauer says the province expects a $485.5 million surplus this year, down 52 per cent from the $1 billion surplus that […]

Canada’s inflation rate rose to 3.3% in July, StatCan reports

Aug 15, 2023 | 8:11am

Canada’s annual inflation rate rose to 3.3 per cent in July as worries grow that progress on getting prices under control will stall. Statistics Canada released its July consumer price index report Tuesday, which shows price growth gained pace last month. This comes after inflation tumbled to 2.8 per cent in June, falling within the Bank of Canada’s target […]

Saskatchewan government-owned liquor stores post financial loss after closures

Aug 3, 2023 | 12:39pm

The Saskatchewan government has spent millions of dollars to shutter its remaining liquor stores, resulting in the retailers posting a financial loss this year. This province says the Saskatchewan Gaming and Liquor Authority’s retail division lost $22.6 million this fiscal year. Lori Carr, the minister responsible for the authority, says the retailers were not profitable because the Saskatchewan Party government had […]

Nutrien announces strategic actions to cut costs amid economic headwinds

Aug 3, 2023 | 12:31pm

Nutrien Ltd. is indefinitely pausing its potash production ramp-up and suspending work on its Geismar clean ammonia project after a period of “unprecedented volatility” in fertilizer markets, said chief executive Ken Seitz on Thursday. Persistent uncertainty in global crop input markets over the past 18 months have been a challenge, and helped lead to significantly […]

NDP raising concerns about skyrocketing social housing vacancy rates

Jul 25, 2023 | 10:50am

Newly released documents from the Saskatchewan Housing Corporation, released by the Saskatchewan NDP, show that vacancy rates for social housing have skyrocketed under the Saskatchewan Party government. Social housing vacancy rates have increased from seven percent in 2012 to 18 percent in 2022, with 3,161 vacant units. In Regina, that number is even steeper, with […]

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