TD – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Mon, 25 Nov 2024 14:17:19 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Canadian economy posted record drop in second quarter due to pandemic https://www.benefitscanada.com/canadian-investment-review/research-markets/canadian-economy-posted-record-drop-in-second-quarter-due-to-pandemic/ https://www.benefitscanada.com/canadian-investment-review/research-markets/canadian-economy-posted-record-drop-in-second-quarter-due-to-pandemic/#respond Mon, 31 Aug 2020 04:13:04 +0000 https://cumulus.benefitscanada.com/uncategorized/canadian-economy-posted-record-drop-in-second-quarter-due-to-pandemic/ The Canadian economy suffered its worst three-month stretch on record in the second quarter as the economy came to a near halt in April before starting to recover in May and June. Statistics Canada said Friday real gross domestic product contracted at an annualized rate of 38.7 per cent for the quarter, the worst posting […]

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June inflation rate turns positive amid early stages of economic reopening https://www.benefitscanada.com/canadian-investment-review/research-markets/june-inflation-rate-turns-positive-amid-early-stages-of-economic-reopening/ https://www.benefitscanada.com/canadian-investment-review/research-markets/june-inflation-rate-turns-positive-amid-early-stages-of-economic-reopening/#respond Fri, 24 Jul 2020 03:41:53 +0000 https://cumulus.benefitscanada.com/uncategorized/june-inflation-rate-turns-positive-amid-early-stages-of-economic-reopening/ The country’s inflation barometer turned positive last month after two months of deflation as the consumer price index increased by 0.7 per cent in June compared to a year earlier, Statistics Canada reported Wednesday. The consumer price index had registered two months of negative readings leading up to June, first with 0.2 per cent annualized […]

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Bank of Canada survey says business hiring plans remain muted due to pandemic https://www.benefitscanada.com/canadian-investment-review/research-markets/bank-of-canada-survey-says-business-hiring-plans-remain-muted-due-to-pandemic/ https://www.benefitscanada.com/canadian-investment-review/research-markets/bank-of-canada-survey-says-business-hiring-plans-remain-muted-due-to-pandemic/#respond Tue, 07 Jul 2020 04:25:04 +0000 https://cumulus.benefitscanada.com/uncategorized/bank-of-canada-survey-says-business-hiring-plans-remain-muted-due-to-pandemic/ The Bank of Canada’s latest review of business and consumer expectations has revealed how widespread uncertainty is muting rehiring and purchasing plans, published days before a federal update gives the Liberals’ outlook for the economy. The central bank’s business outlook survey suggested about half of firms foresee a rebound in their sales within the next […]

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Statistics Canada says first quarter GDP worst showing since 2009 https://www.benefitscanada.com/canadian-investment-review/cir-news/statistics-canada-says-first-quarter-gdp-worst-showing-since-2009/ https://www.benefitscanada.com/canadian-investment-review/cir-news/statistics-canada-says-first-quarter-gdp-worst-showing-since-2009/#respond Mon, 01 Jun 2020 04:48:59 +0000 https://cumulus.benefitscanada.com/uncategorized/statistics-canada-says-first-quarter-gdp-worst-showing-since-2009/ Canada’s economy had its worst quarterly showing since 2009 through the first three months of 2020 owing to the novel coronavirus, Statistics Canada said Friday, warning an even steeper drop may be coming. Gross domestic product fell at an annualized rate of 8.2 per cent in the first quarter, including a 7.2-per-cent drop in March […]

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