Trends - Canadian economy - Business Recorder

Canadian economy

Canada economic growth slows

OTTAWA: Canada’s economic growth slowed in line with expectations to 1.0 percent in the third quarter, the ...

Published 30 Nov, 2024 06:26am

Business & Finance

Canadian economy grew 3.1pc in first quarter

OTTAWA: Canada’s economy grew by a higher-than-expected 3.1 percent in the first quarter after remaining...

Published 05 Jun, 2023 03:27am

World

Domestic demand helps Canadian factory sector rebound in January

TORONTO: Canadian manufacturing activity expanded in January for the first time in six months as an uptick in...

Published 01 Feb, 2023 08:20pm

Markets

Canadian dollar weakens as stock market rally fades

TORONTO: The Canadian dollar weakened against its U.S. counterpart on Thursday as a rebound in equity markets lost...

Published 22 Dec, 2022 09:16pm

World

Canada’s annual inflation rate eases slightly to 6.8% in November

OTTAWA: Canada’s annual inflation rate eased slightly to 6.8% in November as gas prices rose at slower pace and...

Published 21 Dec, 2022 07:17pm

World

Canada October retail sales up 1.4% on gasoline, seen down 0.5% in November

OTTAWA: Canadian retail sales rose by 1.4% in October from September, data showed on Tuesday, but an estimate for...

Published 20 Dec, 2022 07:53pm

Markets

Canadian dollar rebounds from 6-week low as oil rallies

TORONTO: The Canadian dollar strengthened against its U.S. counterpart on Monday, rebounding from a six-week low, as...

Published 19 Dec, 2022 08:39pm

World

Canada home price index falls more sharply in November: Teranet

TORONTO: Canadian home prices fell in November from the previous month and at a faster pace than in October, while...

Published 19 Dec, 2022 07:14pm

Business & Finance

Bank of Canada chief sees inflation ‘a little over’ 8% as soon as next week

OTTAWA: The Bank of Canada expects inflation to go “a little over” 8%, as soon as next week when June’s data is...

Published 16 Jul, 2022 06:20pm

World

Canada jobless rate hits record low, bolstering case for 75-bps rate hike

OTTAWA: Canada’s jobless rate inched down to a new record low after adding more jobs than expected in May, official...

Published 10 Jun, 2022 07:26pm

Markets

C$ slips as Shanghai lockdown measures weigh on oil

TORONTO: The Canadian dollar weakened against its U.S. counterpart on Thursday, extending its pullback from a...

Published 09 Jun, 2022 07:33pm

Markets

Bank of Canada says rates may have to double to 3%, or go even higher

OTTAWA: The Bank of Canada will probably have to raise its policy rate to the top of its neutral range, double its...

Published 02 Jun, 2022 10:03pm

World

Canada’s economy gains momentum in Q2, rate hikes loom

OTTAWA: Canada’s economy was not as robust as expected in the first quarter, but had momentum heading into the...

Published 31 May, 2022 09:38pm

Markets

C$ holds near multi-week high as EU bans Russian oil

TORONTO: The Canadian dollar was little changed against its broadly stronger U.S. counterpart on Tuesday as oil...

Published 31 May, 2022 07:07pm

World

Canada adds fewer jobs than expected in April, jobless rate dips to 5.2%

OTTAWA: The Canadian economy added far fewer jobs than expected in April, though the unemployment rate inched down...

Published 06 May, 2022 06:00pm

World

Canada loses 200,100 jobs in Jan, unemployment rate jumps to 6.5%

The Canadian economy lost a net 200,100 jobs in January, more than analysts had expected, and the unemployment rate...

Published 04 Feb, 2022 07:27pm

Business & Finance

Canadian dollar steadies near 3-week low

TORONTO: The Canadian dollar was little changed against its US counterpart on Friday as domestic data showed jobs...

Published 06 Nov, 2021 03:57am

Markets

Canadian dollar steadies as jobs gain supports rate hike bets

TORONTO: The Canadian dollar was little changed against its U.S. counterpart on Friday, recovering from a three-week...

Published 06 Nov, 2021 01:25am

Markets

Canadian dollar firms as inflation climbs to 18-year high

Canadian dollar strengthens 0.2% against the greenback
Canada's annual inflation rate accelerates to 4.1% in August
Price of US oil rises 2.1%
Canadian bond yields rise across the curve

Published 15 Sep, 2021 06:53pm

Markets

Canadian dollar gains as risk appetite shows signs of recovery

Canadian dollar strengthens 0.2% against the greenback
Canadian new home prices rise 0.6% in June from May
Price of US oil increases 1.7%
Canadian bond yields increase across a steeper curve

Published 21 Jul, 2021 07:31pm

World

Canada adds 230,700 jobs in June, unemployment falls to 7.8pc

The country added 230,700 jobs in June, beating analyst expectations of 195,000, as public health restrictions were eased in several regions of the country, Statscan said. The unemployment rate was 7.8%, just short of expectations of 7.7%.

Published 09 Jul, 2021 06:12pm

Markets

Canadian dollar falls as investors weigh OPEC+ supply talks

Canadian dollar weakens 0.4% against the greenback.
Price of US oil decreases 0.5%.
Canadian 10-year yield eases 2.8 basis points to 1.373%.

Updated 06 Jul, 2021 07:20pm

World

Canadian retail sales slide in April, May as COVID-19 shutdown bites

Retail trade fell 5.7% in April, the sharpest decline in a year, missing analyst forecasts of a 5.0% drop. In a preliminary estimate, Statscan said May retail sales likely fell by 3.2% as store closures dragged on.

Published 23 Jun, 2021 07:23pm

Markets

Loonie steadies as Canada posts surprise trade surplus

Canadian dollar trades in a range of 1.2071 to 1.2095.
Canada posts a trade surplus of C$594 million in April.
Price of US oil falls 0.6%.
Canadian 10-year yield hits its lowest in nearly two months.

Published 08 Jun, 2021 08:43pm

Markets

Canadian dollar slides as inflation risk hits sentiment

Canadian dollar falls 0.6% against the greenback.
Loonie touches its weakest since last Friday at 1.2114.
Oil touches its highest since October 2018 at $69.40 a barrel.
Canadian bond yields rise across much of a steeper curve.

Published 03 Jun, 2021 08:53pm

Markets

Canadian dollar stays in reach of 6-year high as oil climbs

Canadian dollar strengthens 0.1% against the greenback.
Canadian building permits fall by 0.5% in April.
Price of US oil climbs nearly 1%.
Canadian bond yields rise across much of the curve.

Published 02 Jun, 2021 08:14pm

Business & Finance

Canadian economic recovery hits snag in April

OTTAWA: Canada’s economy likely contracted in April, the first decline in a year, due to widespread lockdowns amid...

Published 02 Jun, 2021 04:29am

Markets

C$ heads for monthly gain as current account swings to surplus

Canadian dollar dips 0.1% against the greenback.
Canada posts first current account surplus since 2008.
Price of US oil rises 1.4%.
Canadian bond yields edge lower across the curve.

Published 31 May, 2021 08:28pm

World

Canada retail sales seen plunging in April as restrictions tightened

Statscan also said March retail trade rose by 3.6% from February, thanks in part to higher sales at building material and garden equipment and supplies dealers. Analysts in a Reuters poll had forecast a 2.3% increase.
The Canadian dollar, which has been flirting with six-year highs against the US dollar, held onto earlier gains and was trading up 0.1% on the day at C$1.2040 to the greenback, or 83.06 US cents.

Published 21 May, 2021 07:25pm

Markets

Canadian dollar gains ground along with higher metal prices

Canadian dollar strengthens 0.5% against the greenback.
Price of US oil falls 0.6%.
ADP data shows Canada adding jobs for third straight month.
Canadian bond yields were mixed across a flatter curve.

Published 20 May, 2021 08:14pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

Item	Value
Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

Markets →

Budget 2024-25: income tax calculator for FY25

Canadian economy

Most Popular