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P.E.I. pandemic recovery budget projects $112-million deficit as spending rises

P.E.I. pandemic recovery budget projects $112-million deficit as spending rises

CHARLOTTETOWN — Prince Edward Island's Tory government is projecting a $112-million deficit in a budget it is billing as a step on the "road to recovery" from the COVID-19 pandemic.
Unemployment data shows strong recovery, says B.C. NDP; Liberals say there's no plan

Unemployment data shows strong recovery, says B.C. NDP; Liberals say there's no plan

VICTORIA — Statistics Canada data shows the jobless rate in British Columbia dipped more than one percentage point in February and Jobs Minister Ravi Kahlon says the B.C.
Spend on haircuts, home renos and restaurants to stimulate recovery: economists

Spend on haircuts, home renos and restaurants to stimulate recovery: economists

TORONTO — Canadians who want to help the country's economy rebound should book haircuts, hire tradespeople for home renovations and keep ordering from local restaurants, economists say.
Canadian households added record mortgage debt in Q4: StatCan

Canadian households added record mortgage debt in Q4: StatCan

OTTAWA — Canadian households piled up a record amount of mortgage debt for the second quarter in a row amid low interest rates and high housing prices, Statistics Canada said Friday.
Spiking energy leads wholesale prices up 0.5% in February

Spiking energy leads wholesale prices up 0.5% in February

WASHINGTON — Energy prices continued to rocket higher in February, though overall wholesale prices moderated after a record jump in January. The Labor Department's producer price index, which measures inflation before it reaches consumers.
National employment numbers for February from Statistics Canada, at a glance

National employment numbers for February from Statistics Canada, at a glance

OTTAWA — A quick look at Canada's February employment (numbers from the previous month in brackets): Unemployment rate: 8.2 per cent (9.4) Employment rate: 59.4 per cent (58.6) Participation rate: 64.7 per cent (64.
Here's a quick glance at unemployment rates for February, by province

Here's a quick glance at unemployment rates for February, by province

OTTAWA — Canada's national unemployment rate was 8.2 per cent in February. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 15.3 per cent (12.8) _ Prince Edward Island 9.
Statistics Canada says wholesale sales rose 4.0 per cent in January to $69.2B

Statistics Canada says wholesale sales rose 4.0 per cent in January to $69.2B

OTTAWA — Statistics Canada says wholesale sales rose 4.0 per cent in January to $69.2 billion. The agency says the increase was helped by growth in the machinery, equipment and supplies, and the building material and supplies subsectors.
Here's a quick glance at unemployment rates for February, by Canadian city

Here's a quick glance at unemployment rates for February, by Canadian city

OTTAWA — The national unemployment rate was 8.2 per cent in February. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
Women, immigrants bearing the brunt of economic toll from pandemic: Report

Women, immigrants bearing the brunt of economic toll from pandemic: Report

For the last seven years, Elisa Cardona has worked as a hostess at the Pacific Gateway Hotel near Vancouver, greeting guests at the breakfast restaurant and helping servers when needed.