Canadian retail sales up in October: StatCan
Automotive sector saw the largest increase in sales in the month
- By: The Canadian Press
- December 20, 2024 December 20, 2024
- 09:54
Automotive sector saw the largest increase in sales in the month
Payroll employment, job vacancies both decline as labour demand ebbs
Faster mortgage growth, HELOCs push debt over the $3 trillion mark
Despite the pickup, sales are on track to be the lowest since 1995
As many as three members voted for a 25 bps cut to the rate, now at 4.75%
GDP growth has topped 2% in eight of the last nine quarters
The S&P/TSX composite index fell 562.71 points
The Dow Jones Industrial Average dropped 2.6%
Following its third cut this year, Fed signals fewer reductions in 2025
Bank of England expected to keep key interest rate steady at 4.75% when it meets on Thursday
Canadian equities, bonds see inflows in October: StatCan
Canada’s supply of purpose-built rentals grew 4.1% on an annual basis
The figures from the U.S. Commerce Department come ahead of the Fed's rate decision on Wednesday
Canada’s population is estimated to have reached roughly 41.5 million
Black Friday sales helped dampen overall price growth in the month
The average sale price for November is $694,411, up 7.4% compared to last year
Job vacancies continue decline, total labour demand slips, in third quarter
Economists now expect only two or three Fed rate cuts in 2025
The GST holiday will push inflation down to about 1.5% in January: BoC
The parliamentary budget officer has predicted a $46.8 billion federal deficit
Franklin Templeton panelists share outlooks for 2025, including investment opportunities
Loose financial conditions, tariffs are both potentially inflationary