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July home sales dipped on monthly basis, but up from a year ago, says CREA

by Anas Siddiqui
July home sales dipped on monthly basis, but up from a year ago, says CREA

Canadian home sales dipped by 0.7 per cent in July from the month before, the Canadian Real Estate Association said on Thursday. But monthly sales activity was 4.8 per cent higher than …

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Bank of Canada cuts key interest rate for 2nd consecutive time, to 4.5%

by Anas Siddiqui
Bank of Canada cuts key interest rate for 2nd consecutive time, to 4.5%

The Bank of Canada cut its key interest rate to 4.5 per cent on Wednesday, a move that was widely expected by economists after inflation eased in June. The decision marks …

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Canada’s economy added a flat 27,000 jobs in May while unemployment ticked up to 6.2%

by Anas Siddiqui
Canada’s economy added a flat 27,000 jobs in May while unemployment ticked up to 6.2%

The Canadian economy added a flat 27,000 jobs in May, while unemployment inched up slightly to 6.2 per cent, Statistics Canada said Friday. Economists were expecting an average of 30,000 jobs to be …

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Inflation cooled to 2.7% in April as food price growth slowed

by Anas Siddiqui
Inflation cooled to 2.7% in April as food price growth slowed

Business·Breaking Canada’s consumer price index cooled to 2.7 per cent in April, down from 2.9 per cent in March, led by a decline in the growth of food prices, Statistics …

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Lengthier job hunts for recent graduates could be major factor in unemployment rate

by Anas Siddiqui
Lengthier job hunts for recent graduates could be major factor in unemployment rate

Nearly a year after graduating from Carleton University with a degree in engineering physics, Surya Nareshan is still struggling to find employment. Nareshan, who lives in Ottawa, has applied for dozens …

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Canada’s annual inflation rate slowed to 2.8% in February

by Anas Siddiqui
Canada’s annual inflation rate slowed to 2.8% in February

Business·Breaking Canada’s annual inflation rate slowed to 2.8 per cent in February, according to Statistics Canada. Economists had expected uptick after rate dipped to 2.9 per cent in January Jenna …

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Breaking barriers: Jen Pawol poised to become 1st woman umpire in MLB history

by Virginia Chavez
Breaking barriers: Jen Pawol poised to become 1st woman umpire in MLB history

After nearly a decade climbing through the minor leagues, Jen Pawol is poised to break the umpiring gender barrier. “I’ve put the gas to full throttle and we are going …

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Irish singer and activist Sinéad O’Connor died of natural causes, says London coroner

by Walter Watson
Irish singer and activist Sinéad O’Connor died of natural causes, says London coroner

Entertainment Irish singer and political activist Sinéad O’Connor died of natural causes, a coroner’s office in London, England, confirmed to CBC News on Tuesday. Singer died at the age of 56 …

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Canada’s inflation rate holds steady at 3.1%

by Anas Siddiqui
Canada’s inflation rate holds steady at 3.1%

Canada’s annual inflation rate held steady at 3.1 per cent in November, matching the previous month’s rate, according to data released by Statistics Canada on Tuesday. Economists were expecting the rate …

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She’s a grad student juggling 3 jobs. Canada’s cost of living may force her to move elsewhere

by Anas Siddiqui
She’s a grad student juggling 3 jobs. Canada’s cost of living may force her to move elsewhere

Shramana Sarkar works variable shifts at two coffee shops while fitting in time to study and teach. From week to week, she doesn’t know when she’ll work or how much …

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