You are here

By Andy Blatchford THE CANADIAN PRESS

Canada posts strongest job creation to start a year since 2002 as wages rise

OTTAWA — Canada’s economy delivered its strongest six-month stretch of job creation to start a year since 2002, even though June’s employment numbers came in flat.

Over the first half of the year, the country added 248,000 new positions, almost all of which were full time, new Statistics Canada data showed Friday.

Canada sees second straight monthly employment surge with 55,900 net new jobs

OTTAWA — The labour market generated a second straight month of strong job gains in February with the creation of 55,900 net new positions, all of which were full time, Statistics Canada said Friday.

The Canadian increase even outpaced job creation in the United States, where figures showed an increase of just 20,000 new positions last month.

Economic growth slowed in fourth quarter

OTTAWA — The economy expanded at an annualized pace of 0.4 per cent over the final three months of 2018 as the country posted its weakest quarterly growth since the middle of 2016, Statistics Canada said Friday.

The agency’s latest figures for real gross domestic product show that for all of last year the economy grew 1.8 per cent, compared with the three per cent expansion in 2017.

Morneau hopes new NAFTA deal signed next week, stresses tariff fight is separate

OTTAWA — Canada could sign a new North American free-trade deal even with stinging U.S. tariffs on Canadian goods still in force, Finance Minister Bill Morneau said Thursday, with just over a week to go before a key deadline for the agreement.

Morneau made the remark Thursday in a speech as he was talking about concerns he has been hearing from the business community about trade.