Canada's economy flat in August, estimate suggests shrank in Q3

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Statistics Canada says a preliminary estimate suggests the economy shrank at an annualized rate of 0.1 per cent in the third quarter.

The federal agency's release will include a preliminary estimate for economic growth in September as well as the third quarter.Higher interest rates are weighing on economic growth as people and businesses pull back on spending.

A new report from Statistics Canada estimates how much parents will spend on children over the course of their lifetime.As the cost-of-living crisis persists, two-parent households are increasingly turning to food banks across Canada to feed their families, according to a new report.Canada's inflation rate edged down to 3.8 per cent last month as price pressures eased across the economy, setting the stage for the Bank of Canada to hold its key interest rate steady next week, economists say.

Jamaican migrant workers say they are treated like 'animals' in open letter under Canadian government review

 

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