Canada economy

Canada wildfire rages near oil sand facilities, extending shutdowns

Some 8,000 workers were evacuated in the heavily forested northern part of the province.

May 18, 2016, 03:47 AM IST

Canada exits recession with 2.3% growth in Q3

Canada exited recession in the third quarter, as its economy bounced back with 2.3 percent annual growth after being hit by plunging oil prices earlier this year , the government statistics agency announced Tuesday.

Dec 01, 2015, 23:28 PM IST

Canada posts first budget surplus since Great Recession

Canada posted its first budget surplus since the global economic downturn on Tuesday, lifting the re-election hopes of Prime Minister Stephen Harper`s Tories in six months.

Apr 22, 2015, 05:30 AM IST

Canada unemployment falls to 7.0% in July

Canada added 42,000 jobs in July, pushing the unemployment rate down a notch to 7.0 percent, according to revised numbers released by the government statistical agency Friday.

Aug 15, 2014, 19:17 PM IST