Canadian retailers posted widespread gains in August, led by a second consecutive advance in new car dealer sales, Statistics Canada reported today.Retail sales advanced 1.0% to $33.4 billion in August, StatsCan said. Except for three months of slight declines, retail sales have been growing strongly so far in 2006.Despite lower sales at gasoline stations, sales […]
Tumbling gasoline prices push down consumer price index
Third increase in four months, despite auto pullback
Housing starts rise in September
Consumer spending grows, while housing strength eases
Core inflation rises
Shipments from Canadian factories in August slipped from their highest level of 2006, Statistics Canada reported today.With commodity prices falling, manufacturers shipped goods worth $49.8 billion, down 0.3% from July, StatsCan said.However, if price declines were taken into account, the overall volume of shipments actually increased 0.5% to $45 billion.Constant dollar shipments (taking price fluctuations […]
Sharp drop in gasoline prices boosts demand for some goods
Widespread cooling of housing markets
Shipments of metal ores surge 11.6%