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 […]
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