Canada Jobs Loss in June Ratifies Faltering-Economy View

Canadian employment fell by 6,400 in June on the biggest decline in part-time work in more than four years, sustaining the view the economy is losing steam and may require another jolt of stimulus from the central bank.

Canada Posts 2nd-Largest Trade Deficit Ever as Exports Slide

Canada’s merchandise trade deficit widened to the second-largest on record in May, more evidence that weakness that started with an oil shock has extended beyond the first quarter.

Canada Inflation Hits Poloz Goal for First Time in 2 Yrs

Canada’s inflation rate quickened in April to reach the central bank’s target for the first time in two years, led by higher energy costs that Governor Stephen Poloz says he will disregard.

Bank of Canada's Poloz eyeing global deflationary risk

(Reuters) - Policymakers are closely watching the risk of deflation in several advanced economies but they are encouraged by signs of a continuing improvements in the economic outlook, Bank of Canada Governor Stephen Poloz said on Friday.

Canada Consumer Confidence Rises on Resilient Housing

Canada’s economic mood rebounded last week as consumers head into the holiday season buoyed by rising house prices, according to the Bloomberg Nanos Canadian Confidence Index.