Motor Vehicles Shuttled Manufacturing Sales Higher in January

Canadian Economics    March 14, 2024

January brought a modest upswing to Canadian manufacturing sales. Sales of motor vehicles were one of the key contributors to growth, rising by 19.6 per cent from the previous month (seasonally adjusted). The sales surge resulted from resumed production following retooling at auto assembly plants in Ontario.

Quick take  •  2-min read
Kiefer Van Mulligen

Mild Conditions Prevail in February’s Labour Market

Canadian Economics    March 8, 2024

Labour market momentum continues to feel the squeeze under the weight of higher interest rates. Job growth is weak, and labour force participation rates have slipped. Yet thankfully, signs of stress in the labour market remain relatively muted.

Quick take  •  3-min read
 Liam Daly

Lower Imports Drives Trade Deficit to a Surplus

Canadian Economics    March 7, 2024

Exports supported the economy in the final quarter of 2023, but a weak start to the year is concerning. Exports rose by 1.4 per cent in the fourth quarter of 2023, primarily due to increased exports of crude oil and crude bitumen, reflecting ongoing production in Alberta.

Quick take  •  2-min read
David Ristovski

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