News

Canada's GDP shrinks in May, likely to avoid contraction in second quarter

Canada's Gross Domestic Product shrank 0.1% in May on a monthly basis as expected but is likely to regain the lost ground in ...

Canada's economy contracted by 0.1% in May, but showed signs of a rebound

Canada's economy contracted slightly — by 0.1 per cent — for the second consecutive month in May, according to Statistics ...

Canada will recognize a Palestinian state in September in latest push against Israel’s Gaza policies

Canadian Prime Minister Mark Carney says Canada will recognize a Palestinian state in September, the latest development in a ...

Canada's Cenovus Energy cuts 2025 production forecast

Canadian oil and gas producer Cenovus Energy lowered the upper end of its full-year upstream production forecast on Thursday, ...

Canada’s Measles Outbreak Exceeds Cases in the U.S.

Some doctors in Alberta have criticized officials for not declaring a health emergency in the western province where measles ...

Canada says Australia has re-opened market access for beef, beef products

Australia has lifted a 22-year-old ban on the import of Canadian beef and beef products, the Canadian Food Inspection Agency ...

Luxury parka maker Canada Goose's bigger-than-expected loss clouds revenue surge

Canada Goose , posted a bigger-than-expected quarterly loss on Thursday, hit by higher costs from efforts to expand its ...