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The 2023 Survey of Financial Security, conducted by Statistics Canada, provides insights into the financial status of Canadian families. The survey highlights significant disparities in net worth among different groups. * Median Net Worth: The median net worth of Canadian families in 2023 was reported at $519,700. * Retirement Age Group:
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Statistics Canada has released data on high-income Canadians for the year 2022. The report indicates that the average total income for the top 1% of tax filers was $586,900, marking a 5.1% decrease from the previous year. This decline is attributed to the reduction of COVID-19 pandemic-related government
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The New Housing Price Index (NHPI) for September 2024 has been released, showing no change in the overall index for Canada compared to the previous month. The index measures changes in the selling prices of new residential houses, excluding value-added taxes like the federal goods and services tax and the
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In August 2024, the number of Canadians receiving regular Employment Insurance (EI) benefits rose by 7,400, marking a 1.5% increase from the previous month. This represents the third increase in four months. Prior to these increases, the number of regular EI beneficiaries remained relatively stable from September 2023
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The latest report from Statistics Canada, released in October 2024, provides insights into the labour market conditions across Canada, including Northeast Ontario. The report indicates that employment levels in Ontario remained relatively stable in August 2024, following a slight increase in the previous month. The unemployment rate in Ontario rose
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Statistics Canada has released its report on the Industrial Product Price Index (IPPI) and Raw Materials Price Index (RMPI) for September 2024. The IPPI, which measures the price changes of products manufactured in Canada, showed a decrease of 0.6% from August to September. This index also recorded a year-over-year
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The Consumer Price Index (CPI) for September 2024, as reported by Statistics Canada, indicates a 1.6% increase over the past 12 months. This data reflects the overall change in prices for goods and services purchased by Canadian households. The CPI is a key measure of inflation, providing insights into
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The latest Labour Force Survey for September 2024, released by Statistics Canada, indicates a slight increase in employment across Canada. The total number of employed individuals rose to 20,582,000, marking a 0.2% increase from the previous month. These statistics provide a snapshot of the labour market'
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Monthly provincial prices for farm products in August 2024 have been released. These include prices for grains, oilseeds, specialty crops, cattle, hogs, poultry, eggs, and dairy products. Grains and Oilseeds: * Durum wheat prices decreased for the 11th consecutive month, with a 10.6% drop in Saskatchewan and 7.0% in
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In August 2024, Canada's international merchandise trade experienced notable changes. Imports of goods increased by 0.3% to reach $65.4 billion, while exports of goods decreased by 1.0%, totaling $64.3 billion.
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In July 2024, payroll employment in Canada increased by 32,800 jobs, a 0.2% rise from the previous month. This follows a decline of 22,900 jobs (-0.1%) in June and five consecutive monthly increases from January to May. Year-over-year, payroll employment rose by 157,700 jobs (+0.
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Statistics Canada has released the Economic and Social Reports for September 2024. This release includes five new articles covering various topics. The articles are titled: 'Workforce utilization of Canadian men with a nursing education,' 'Most prevalent jobs of doctoral degree graduates by detailed field of study,'