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In September 2024, the Consumer Price Index (CPI) in Canada increased by 1.6% compared to the same month in the previous year. This represents a decrease from the 2.0% year-over-year increase recorded in August 2024. The primary factor contributing to this slowdown was a significant drop in gasoline
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In September 2024, Canada's employment increased by 47,000, marking a 0.2% rise. The unemployment rate decreased slightly by 0.1 percentage points to 6.5%. Employment gains were noted among youth aged 15 to 24, with an increase of 33,000 jobs, and among women aged
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In August 2024, Statistics Canada reported changes in farm product prices across various provinces. Prices for grains, oilseeds, specialty crops, cattle, hogs, poultry, eggs, and dairy products were released. Durum wheat prices experienced their 11th consecutive monthly decline, with a 10.6% drop in Saskatchewan and a 7.0% decrease
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In August 2024, Canada's international merchandise trade experienced a decline in exports and a slight increase in imports, resulting in a trade deficit. Merchandise exports decreased by 1.0% to $64.3 billion, while imports rose by 0.3% to $65.4 billion. This change widened Canada'
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In July 2024, payroll employment in Canada increased by 32,800 jobs, a 0.2% rise from the previous month. This follows a decline of 22,900 jobs in June. Year-over-year, payroll employment rose by 157,700 jobs, or 0.9%. Job vacancies, however, fell by 22,400 positions, marking
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Statistics Canada has released the September 2024 issue of Economic and Social Reports. This edition includes five articles: * Workforce utilization of Canadian men with a nursing education * Most prevalent jobs of doctoral degree graduates by detailed field of study * Performance of women-owned businesses that patent * Exposure to artificial intelligence in
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The New Housing Price Index (NHPI) for Canada remained unchanged in August 2024 compared to the previous month. This information was released by Statistics Canada on September 23, 2024. The NHPI measures changes over time in the selling prices of new residential houses, with prices agreed upon between the contractor
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August 2024 Price Indexes Report Industrial Product Price Index (IPPI) * The IPPI decreased by 0.8% in August 2024 compared to July 2024. * Year-over-year, the IPPI increased by 0.2%. * The decline was mainly due to lower prices for energy and petroleum products, which fell by 5.0%. * Excluding energy
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In July 2024, the number of Canadians receiving regular Employment Insurance (EI) benefits increased by 2.2% from the previous month, reaching a total of 489,000 beneficiaries. This marks the third consecutive monthly increase. Compared to July 2023, the number of regular EI beneficiaries increased by 10%, or 44,
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Job vacancies in Canada continued to decline in the second quarter of 2024, with a total decrease of 59,000 positions, representing a 9.2% drop. This marks the eighth consecutive quarterly decline from a peak of 983,600 vacancies in the same quarter of 2022. The current total of
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The Consumer Price Index (CPI) for August 2024 increased by 2.0% compared to the same month in the previous year, marking the slowest growth rate since February 2021. This figure is a decrease from the 2.5% increase recorded in July 2024. The decline in inflation is attributed to
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A recent study from Statistics Canada has revealed trends in life satisfaction among Canadians based on data from the Canadian Social Survey (CSS). The study indicates that life satisfaction has been decreasing since the summer of 2021. In 2024, only 48.6% of Canadians aged 15 and older reported being