Record high fuels expectations of interest rate hike
Jump in gasoline prices drives increase
Statistics Canada reported today that wholesale sales remained essentially unchanged in April after posting strong growth in March. The government agency said wholesalers sold $41.6 billion worth of goods and services in April. Increased sales of consumer goods were offset by decreased capital spending. Wholesale sales increased 0.1% in April after posting strong growth of […]
Job jobless claims dip below the 300,000 threshold
Q1 net external liabilities down $14.2 billion from the end of 2005
2005-2006 surplus grows to $26 billion
Higher energy prices fuelling price increases in manufacturing
Canadian manufacturing shipments declined in April, losing most of March’s gains, Statistics Canada reported today.The government agency said a substantial drop in the production of aerospace products and parts was largely behind April’s 1.5% decrease in shipments which stood at $50.4 billion.This was the third decline so far in 2006, and followed March’s 1.6% advance […]
Unexpected increase likely cements another interest rate hike
Retail sales up slightly