Canada's economy lost 25,000 jobs
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By David Ljunggren OTTAWA, Feb 5 (Reuters) - Restructuring the Canadian economy to cope with U.S. tariffs, slower population growth and the rise of artificial intelligence will take years, and could be very painful,
Canada’s gross domestic product likely shrunk in the fourth quarter, highlighting choppy performance as the trade-dependent economy adjusts to US tariffs.
Bank of Canada governor Tiff Macklem says businesses ought to “lean into” the forces disrupting the economy or risk failing to adapt.
By Promit Mukherjee OTTAWA, Jan 30 (Reuters) - Canada's economic growth stalled in November as an expansion in services was offset by weakness in goods-producing industries, data showed on Friday, as Canada's economy slows down after almost a year of tariffs and trade uncertainty.
Canada's economic growth stalled in November as growth in services was offset by weakness in goods-producing industries, data showed on Friday, offering fresh clues on the state of the economy after almost a year of tariffs and uncertainty.
Despite cuts to interest rates from a high of 5% in 2024, Canada's per capita gross domestic product is still failing
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