Source: The Canadian PressThe composite leading index rose half a percentage point in December, matching gains in October and November.Statistics Canada reports five of 10 components advanced, led by stock market prices and household spending.Most components related to manufacturing softened in December.The housing index increased 1.5%, its second straight gain after six consecutive declines.A decline […]
Source: The Canadian PressManufacturing sales declined 0.8% in November to $44.9 billion, led by decreases in the motor vehicle and motor vehicle parts industries.Statistics Canada reports manufacturing sales edged up 0.2% when the motor vehicle industries were excluded.Constant-dollar manufacturing sales fell 1.4% in November.Higher sales were reported in 12 of 21 industries, representing 55.2% of […]
Trade surplus with U.S. climbs to $3 billion
Housing and credit conditions continue to lag the broader economy
Signs of accelerating economic activity
Permits in the non-residential sector fell 16.1%
Upward pressure on both indexes came mainly from petroleum and metals prices
Increased in mining and oil and gas activity drive growth for the month
Higher gasoline prices drive sales increase
Inventories down 0.7%