OTTAWA—The Canadian economy posted its worst showing on record in 2020 as the COVID-19 pandemic swept across the country, shutting down businesses and putting millions out of work. Statistics Canada says real gross domestic product shrank 5.4 percent in 2020, the steepest annual decline since comparable data was first recorded in 1961. The drop for…
Statistics Canada Says Economy Lost 213,000 Jobs in January
Statistics Canada says the economy lost 213,000 jobs in in January as employment fell to the lowest level since August last year, wiping out the gains made in the fall. The unemployment rate rose 0.6 percentage points to 9.4 per cent, the highest rate since August. Financial data firm Refinitiv says the average economist estimate was for…
Economy Lost 213,000 Jobs in January as Lockdown Measures Hit Ontario, Quebec
Statistics Canada says the economy lost almost 213,000 jobs in January as employment fell to the lowest level since August last year, wiping out the gains made in the fall. The unemployment rate rose 0.6 percentage points to 9.4 percent, the highest rate since August. Financial data firm Refinitiv says the average economist estimate was…
Crime Down in First Eight Months of Pandemic, but Mental Health Calls Rise: StatCan
January 27, 2021
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OTTAWA—Newly released figures point to a major drop in police-recorded crime during the first eight months of the COVID-19 pandemic last year. Statistics Canada says police services across Canada reported that select criminal incidents fell by 18 percent between March and October 2020, compared with the same period a year earlier. In contrast, the total…
Statistics Canada Reports Economy Grew 0.4 Percent in October
OTTAWA—Statistics Canada says real gross domestic product grew 0.4 percent in October, its sixth consecutive month of growth. The increase followed growth of 0.8 percent in September. Economists had expected an increase of 0.3 percent for October, according to financial data firm Refinitiv. Both goods-producing and service-producing sectors were up overall in October, but the…
Fraud Victims’ Total Losses Soar to $16 Billion in 5 Years: StatsCan
The total losses from fraud against individuals have soared to $16 billion in five years, according to the latest data from Statistics Canada (StatsCan). “In 2019, one in six (17 percent) people reported that they had been a victim of fraud in the previous five years. The median loss due to fraud was $600. About one-quarter (24 percent) of victims lost…
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