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Canada economy News

Fort McMurray wildfire

17 May 2016

Canada wildfire rages near oil sand facilities, extending shutdowns

Some 8,000 workers were evacuated in the heavily forested northern part of the province.

01 Dec 2015

Canada exits recession with 2.3% growth in Q3

Canada exited recession in the third quarter, as its economy bounced back with 2.3 percent annual growth after being hit by plunging oil prices earlier this year , the government statistics agency announced Tuesday.

22 Apr 2015

Canada posts first budget surplus since Great Recession

Canada posted its first budget surplus since the global economic downturn on Tuesday, lifting the re-election hopes of Prime Minister Stephen Harper`s Tories in six months.

15 Aug 2014

Canada unemployment falls to 7.0% in July

Canada added 42,000 jobs in July, pushing the unemployment rate down a notch to 7.0 percent, according to revised numbers released by the government statistical agency Friday.

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