The Canadian economy, which only entered a mild recession last year, appears to be performing well after figures show the unemployment rate continues to fall.
Statistics Canada said on Friday that the country’s unemployment rate fell in April to 8.1%, from 8.2% in March.
The economy added a better than expected 93,000 jobs last month – exceeding [...]
The Bank of Canada has today elected to raise interest rates by one quarter of a percentage point to 0.5%, as widely expected.
As a result, Canada has become the first G7 central bank to raise rates since the onset of the recession.
Yesterday, it emerged that the Canadian economy expanded by an annualised 6.1% in [...]
The latest survey from the Nationwide has revealed UK consumer confidence remained unchanged in November from October‘s revised figure.
However, the reading of 73 is way ahead of the record low in January of 45 and is at an 18-month high.
Meanwhile, the Nationwide’s expectations index, which gauges peoples’ sentiment about the economy, jobs and personal finances [...]