Craig Lord, The Canadian Press Auhtor Headshot Image

Craig Lord, The Canadian Press

Craig Lord is a reporter with The Canadian Press, a national news agency headquartered in Toronto and founded in 1917.

Economy lost 41,000 jobs in July but unemployment rate held steady at 6.9% Economy lost 41,000 jobs in July but unemployment rate held steady at 6.9%

Economic Indicators

Economy lost 41,000 jobs in July but unemployment rate held steady at 6.9%

The economy lost 51,000 full-time positions in July, mostly in the private sector

By Craig Lord, The Canadian Press |August 8, 2025

2 min read

Canada’s economy is showing ‘resilience’ against U.S. tariffs. Why? Canada’s economy is showing ‘resilience’ against U.S. tariffs. Why?

Economic Indicators

Canada’s economy is showing ‘resilience’ against U.S. tariffs. Why?

We’re doing better than economists expected — will that continue?

By Craig Lord, The Canadian Press |August 4, 2025

4 min read

Canada’s economy contracts in May, but there were signs of a June rebound Canada’s economy contracts in May, but there were signs of a June rebound

Economic Indicators

Canada’s economy contracts in May, but there were signs of a June rebound

Weakness in mining, oil and gas offset gains in manufacturing

By Craig Lord, The Canadian Press |July 31, 2025

3 min read

Bank of Canada holds key rate at 2.75% Bank of Canada holds key rate at 2.75%

Regulation

Bank of Canada holds key rate at 2.75%

Governor Tiff Macklem says rate cut remains on the table if growth falters

By Craig Lord, The Canadian Press |July 30, 2025

4 min read

Seniors rarely downsize — here’s why that’s hurting first-time homebuyers Seniors rarely downsize — here’s why that’s hurting first-time homebuyers

Economic Indicators

Seniors rarely downsize — here’s why that’s hurting first-time homebuyers

Few comparable options in their neighbourhood lead seniors to stay put

By Craig Lord, The Canadian Press |July 25, 2025

4 min read

Why the Bank of Canada could be done cutting its policy rate for now Why the Bank of Canada could be done cutting its policy rate for now

Economy

Why the Bank of Canada could be done cutting its policy rate for now

Analysts expect the central bank could maintain a neutral rate as it waits "for the next shock"

By Craig Lord, The Canadian Press |July 21, 2025

4 min read

Bank of Canada, Crown corporations set to align with Liberal cost-cutting plans Bank of Canada, Crown corporations set to align with Liberal cost-cutting plans

Policy

Bank of Canada, Crown corporations set to align with Liberal cost-cutting plans

Cost-saving measures to affect most Crown agencies over next three years

By Craig Lord, The Canadian Press |July 17, 2025

1 min read

Defence spending will lift Canada’s economy, but not out of a recession: report Defence spending will lift Canada’s economy, but not out of a recession: report

News

Defence spending will lift Canada’s economy, but not out of a recession: report

Boost from military investment won’t offset broader economic decline, analysts say

By Craig Lord, The Canadian Press |July 17, 2025

3 min read

Inflation rises to 1.9% in June as vehicle price hikes accelerate Inflation rises to 1.9% in June as vehicle price hikes accelerate

Economic Indicators

Inflation rises to 1.9% in June as vehicle price hikes accelerate

Stubbornly high figure likely cements calls for Bank of Canada rate hold

By Craig Lord, The Canadian Press |July 15, 2025

4 min read

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