New car sales up 3.6% in March
Weak demand in the building materials, machinery and electronic equipment sectors pushed Canadian wholesale activity down by 0.6% in March to $40.5 billion, Statistics Canada said Thursday.In terms of volume, wholesale sales were down 1.3%. A weaker Canadian dollar meant that wholesalers paid more for imported goods, StatsCan said.With the March decline, wholesale activity has […]
Food prices up 7% over last year: StatsCan
Canada’s composite leading indicator fell by 1.1% in April, Statistics Canada said on Wednesday.The rate of decline of the smoothed version of the leading indicator slowed from 1.5% in March, StatsCan said.However, the unsmoothed version of the index rose 0.5%, after seven straight declines.Both financial components increased in the month, as the money supply expanded […]
Durable goods industries post the strongest declines
Food costs boost producer price index
Trade surplus with U.S. unchanged from February
Signs of economic recovery appearing, but not yet in Canada
Government stimulus policies should trigger a gradual and painful rebound of the global economy
Jump in motor vehicle manufacturing can’t offset declines in construction and mining