Starts remain high despite June drop
Drop in auto production slows May shipments
Unlikely to be a fluke, say economists
But consumer sentiment remains weak
Initial jobless claims hit six-week high
Canadian housing starts stayed stronger than expected in June. Economists say this practically guarantees that the Bank of Canada will increase interest rates next week.“Defying expectations and perhaps gravity, the seasonally adjusted annual rate of housing starts in Canada experienced little change in June, finishing at 202,100 units from 203,300 units in May and 4% […]
Economy accelerating at mach speed, says RBC
Index falls 2.3%
Help-wanted index posts fifth straight monthly increase