In the first national survey of its kind, Statistics Canada revealed on July 19 that most Canadians have a home air conditioner. Statisticians reported the research was prompted by concerns over climate change. “This study is the first to quantify air conditioning prevalence in Canada at the person-level,” said the study titled “The Prevalence Of Household…
Most Canadians Have Home Air Conditioners, StatCan Says in First-of-Its-Kind Study
Canada Hits ‘Milestone Moment’ as Inflation Rate Drops Below 3%, Says Freeland
Finance Minister Chrystia Freeland says that Canada has hit a “milestone moment” as the nation’s inflation rate dropped below 3 percent in June, according to a recent Statistics Canada report, which is its lowest point in about two years. “That is a significant moment. It should provide a lot of relief to Canadians,” Ms. Freeland…
48% of Canadians Have Lost Sleep This Year Due to Financial Stress: Poll
With interest rates on the rise and record-high inflation rates persisting, nearly half of Canadians say they have lost sleep due to financial stress this year, according to a new poll. “For the sixth year [in a row], Canadians say money is their top source of stress, with elevated inflation, higher gas prices and cost…
Canada’s Unemployment Rate Rose to 5.4% in June, Economy Added 60,000 Jobs: StatCan
Canada added another 60,000 jobs to its economy in June despite the country’s unemployment rate ticking upward to its highest percentage in over a year, says Statistics Canada. StatCan wrote in its “Labour Force Survey” for June that the increase in jobs, which it says was driven mostly by gains in full-time work, brought Canada’s employment…
Statistics Canada Says Household Debt-to-Income Ratio up in Q1
Statistics Canada says the amount Canadians owe relative to their income rose in the first quarter of the year as disposable income fell even as debt levels continued to rise. The agency says that on a seasonally adjusted basis, household credit market debt as a proportion of household disposable income rose to 184.5 percent in…
What Slowdown? Economy Continues to Outperform, Raising Odds of Rate Hike Next Week
The Canadian economy grew faster than expected in the first three months of the year and likely expanded again in April, fuelling speculation that the Bank of Canada will raise interest rates again. Statistics Canada reported Wednesday real gross domestic product grew at an annualized rate of 3.1 percent in the first quarter of 2023….
2020 Was Deadliest Year for Motorcycle Riders in 2 Decades, Statistics Canada Finds
A total of 242 motorcycle and moped riders died in 2020 in Canada, making it the deadliest year for bikers in over two decades, according to newly released data from Statistics Canada. “This is the highest number of deaths recorded in over 20 years and a 24% increase from 195 deaths in 2019. Previously, the number of motorcycle-related deaths fluctuated by less than 17% year…
Senate Passes Bill Giving Canadians One-Time Grocery Rebate on July 5
May 12, 2023
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With the Senate passing Bill C-46 on May 11, Canadians will be eligible to receive the so-called Grocery Rebate on July 5, which was promised in this year’s federal budget. “While inflation continues to come down for the ninth month in a row, in Budget 2023, our government is delivering new, targeted inflation relief for Canadians who need…
Nearly 6 Million Census Respondents Marked Their Ethnicity as ‘Canadian,’ StatCan Finds
Nearly 6 million respondents to Canada’s “2021 Census of Population” marked their ethnicity or cultural origins as “Canadian,” making it the most named of any ethnicity by census users, according to Statistics Canada figures released on May 10. Question 23 on Canada’s last long-form census asked respondents to identify the “ethnic or cultural origins” of…
Canadian Economy Added Over 35,000 Jobs in March: StatCan
Statistics Canada (StatCan) says Canada’s economy added 35,000 jobs last month, while the unemployment rate held steady at five percent for the fourth consecutive month. The country’s employment rate rose by 0.2 percent, representing an increase of 0.1 percent compared to February, according to the latest StatCan data released on April 6. The increase in…
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