Composite Leading Index for Canada: February 2017

The Conference Board of Canada, March 2, 2017
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The composite leading index of the Canadian economy sums up the performance of 10 components that track the short-term course of the economy.

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The Conference Board of Canada’s Composite Leading Index increased 0.3 points in December to 110.5 (2010 = 100), suggesting that economic growth will improve slightly in the coming months. Rising energy prices drove the top-line index increase. The recent stability in the price of oil has given a boost to consumer confidence and financial markets, as has the ongoing strength in the U.S. economy.

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