EconomyCanada edition
Canada's economic growth in 2025: what the annual figures show
Canada's economy grew 1.74% in 2025, down from 2.05% in 2024 and well below the rebound years of 2021 and 2022.
Economy
EconomyCanada edition
Canada's job market and pay: what the figures show to the end of summer 2026
Canada's unemployment rate was 6.5% in September 2026, and average weekly earnings in August 2026 were 3.68% higher than a year earlier.
EconomyCanada edition
Canadian average weekly earnings: 12-month growth reached 3.68% in August 2026
Average weekly earnings in Canada were 3.68% higher in August 2026 than a year earlier, up from a 12-month change of 3.2% in July.
EconomyCanada edition
Canada's modelled unemployment rate rose to 6.91% in 2025, the highest of six major economies
The ILO modelled estimate puts unemployment in Canada at 6.91% of the labour force in 2025, up 0.56 percentage points from 2024 and above the five other economies in this comparison.
EconomyCanada edition
Canada's shelter prices and weekly pay: month by month through 2026
Shelter price growth in Canada dipped in July 2026 and then rose for two months, while growth in average weekly earnings moved up and down between April and July 2026.
EconomyCanada edition
Canada's policy rate held steady while inflation edged up
The Bank of Canada's policy rate stayed at 2.25% from June to September 2026, while consumer price inflation rose from 2.8% to 3.09% over the same months.
EconomyCanada edition
Prices and pay in Canada: what the latest official figures show
Canadian consumer prices were 3.09% higher in September 2026 than a year earlier, while the latest earnings figure showed weekly pay 3.18% higher in July 2026, and the growth in pay has slowed since April.
EconomyCanada edition
Canada's 12-month food price inflation rate fell to 2.18% in September 2026
Food prices in Canada rose at a slower 12-month pace in September 2026 than in August: 2.18%, down from 2.85%.