Growth helps dispel fear Canada re-entering recession
Consumer attitudes towards the job market have further deteriorated
The increase in the industrial index was the first in three months, says StatsCan
Weakness in housing and manufacturing
Canada’s trade surplus with the United States jumps to $5.1 billion in December
Residential sector permits up 21%
Flaherty urges firms to start investing
Source: The Canadian PressThe Industrial Product Price Index rose 0.7% in December, while the Raw Materials Price Index rose 4.2%.Statistics Canada reports both indexes were sustained by higher prices for petroleum and metals.The industrial index was up for the fifth straight month, led mainly by petroleum and coal products (up 4%), primary metal products (1.7) […]
Sixth straight monthly rise in sales
Source: The Canadian PressWholesale sales were up for the fourth straight month in November, rising 1.2% to $45.7 billion.Statistics Canada attributes the increase largely to higher sales in the machinery, equipment and supplies subsector, the miscellaneous subsector, and the food, beverage and tobacco subsector.In volume terms, wholesale sales were up 1.3%.The agency reports gains in […]