Robb M Stewart

Canada

Reporter at Dow Jones Newswires

Scribbling for Dow Jones Newswires and The Wall Street Journal. UPI, Canadian Press alum.

Articles

Canada Unemployment Rate Edges Up to 7% in May - 2nd Update

1 day ago | tradingview.com | Robb M Stewart

OTTAWA--The trade war with the U.S. is taking its toll on Canada's labor market, though pockets of resilience point to softness rather than a collapse, even if finding work is becoming tougher. Employers in the country added a modest 8,800 jobs in May, Statistics Canada said Friday.
Canada Unemployment Rate Edges Up to 7% in May - Update

1 day ago | tradingview.com | Robb M Stewart

OTTAWA--Canada's job market remained subdued in May, with another month of lackluster hiring that left the jobless rate ticking up to its highest since 2016 outside the worst of the pandemic. Employers in the country added a modest 8,800 jobs last month, Statistics Canada said Friday. That lagged growth in the labor market as the population continued to expand and meant the unemployment rate edged up for a third straight month to 7.0%.
Canada Unemployment Rate Edges Up to 7% in May

1 day ago | tradingview.com | Robb M Stewart

Canada Unemployment Rate Edges Up to 7% in MayCAUROTTAWA--Unemployment in Canada again edged higher in May, hitting its highest level since the peak of the pandemic as hiring remained lackluster. Statistics Canada reported Friday that Canada's economy added a net 8,800 jobs last month. That was stronger than the 12,500 fall in employment economists expected, and comes after 7,400 jobs were added the month before. The unemployment rate rose for a third month running to 7.0%.
Canada Goods-Trade Deficit Widens to Record C$7.14 Billion in April

2 days ago | wsj.com | Robb M Stewart

It was a third straight trade deficit for Canada, and a much bigger shortfall than the C$1.5 billion economists expectedJune 5, 2025 12:07 pm ET|WSJ ProOTTAWA—A slump in demand for Canadian goods south of the border saw the country rack up a record trade deficit in April as the hit to the economy from President Trump’s tariff war grows. Trade with other countries hit an all-time high but wasn’t enough to counter a steep fall in exports to the U.S. or Canadians’ reduced appetite for U.S. items.
Canada Goods-Trade Deficit Widens to Record C$7.14 Billion in April

2 days ago | flipboard.com | Robb M Stewart

NowImports Plummet in April as Tariffs Weigh on TradeAmericans bought fewer foreign pharmaceuticals, cellphones and cars, and cut purchases of machinery and other supplies. U.S. imports of foreign made goods fell sharply in April compared with the previous month, as tariffs clamped down on global trade.
Canada Goods-Trade Deficit Widens to Record C$7.14 Billion in April

2 days ago | tradingview.com | Robb M Stewart

Canada Goods-Trade Deficit Widens to Record C$7.14 Billion in AprilCABOTOTTAWA--Canada's merchandise-trade deficit with the rest of the world widened to its largest on record in April as trade with the U.S. slumped. The country posted a goods-trade deficit of 7.14 billion Canadian dollars, the equivalent of about US$5.22 billion, Statistics Canada said Thursday. The market was expecting a C$1.5 billion deficit, according to economists at TD Securities.
Canada Manufacturing Sector PMI Edges Up in May Even as Output, Orders Fall Sharply

5 days ago | tradingview.com | Robb M Stewart

Canada Manufacturing Sector PMI Edges Up in May Even as Output, Orders Fall SharplyCanadian manufacturing activity picked up modestly last month even as the sector remained in contraction territory as output and new orders again fell sharply, data showed Monday.
Canada GDP Growth Picks Up Modestly to 2.2% in First Quarter

1 week ago | wsj.com | Robb M Stewart

Advance data suggests some momentum carried into the second quarterMay 30, 2025 2:35 pm ET|WSJ ProOTTAWA—Canada’s economy picked up the pace of growth in the first three months of the year as businesses braced for the disruption of a bruising trade war with the U.S., though domestic activity weakened and hints at what lies in store in the new tariff era. Gross domestic product increased at an annualized rate of 2.2% in the January-to-March period, Statistics Canada said Friday.
Canada GDP Growth Picks Up Modestly to 2.2% in 1Q - 2nd Update

1 week ago | tradingview.com | Robb M Stewart

OTTAWA--Canada's economy picked up the pace of growth in the first three months of the year as businesses braced for the disruption of a bruising trade war with the U.S., though domestic activity weakened and hints at what lies in store in the new tariff era. Gross domestic product increased at an annualized rate of 2.2% in the January-to-March period, Statistics Canada said Friday.
Canada GDP Growth Picks Up Modestly to 2.2% in 1Q

1 week ago | tradingview.com | Robb M Stewart

Canada GDP Growth Picks Up Modestly to 2.2% in 1QCAGDPOTTAWA--Canada's economy grew more strongly than expected in the first quarter of the year as exports of vehicles and other goods more than made up for a slowdown in household spending and a drop in home resales.