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Household savings rate rose to 5.7% in Q3; oil exports helped drive GDP growth

Most firms to resist raising prices despite inflation and input cost challenges

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The increase was largely attributable to seasonal variations, as job vacancies typically peak in September

Worker in protective clothing in factory using machine

Scotia sees price pressures persisting even as growth slows

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Softening demand, lower commodity prices cuts trade flows


Gasoline down 2.4%, convenience store sales drop 1.5%

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U.S. growth returned to positive territory, while growth slowed in Canada and elsewhere

  • By: Staff
  • November 21, 2022 November 21, 2022
  • 14:15
A sign that says "Stock Sell-Off."

Domestic investors added record amounts of foreign bonds

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Credit card balances up 15%, grocery spending down

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Rate dropped 11% to 267,055 units, from 298,811 in September