Prices for new homes drop
Largest declines from non-residential sector in Ontario
Home prices in the United States dropped by the sharpest annual rate on record in January.The Standard & Poor’s/Case-Shiller 20-city housing index released Tuesday tumbled by a record 19% from January 2008.It was the largest decline since the index started in 2000. The 10-city index dropped 19.4%, also a record.All 20 cities in the report […]
Manufacturing activity declines for sixth straight month
Sales in B.C. and Alberta down 35% year-over-year
Credit crunch is still an issue for all manufacturers and exporters
The number of Canadians filing for bankruptcy and unemployment benefits in climbed in January, according to new numbers released Tuesday.The Office of the Superintendent of Bankruptcy Canada said that more than 117,000 Canadians filed for bankruptcy in the 12-month period ending in January 2009. That represented an increase of 15.8% compared to the previous 12 […]
The February composite leading index fell 1.1% after a 0.9% decrease in January, with 9 of the 10 components declining, Statistics Canada said Monday.“The housing and stock markets continued to post the largest declines, while losses in manufacturing steepened as the auto industry began to implement extensive shutdowns at the turn of the year,” StatsCan […]
New vehicles sales jump 5.5%
Core inflation holds steady