There’s a 70 Per Cent Probability of a Recession Next Year
We believe that the technical recession definition (two quarters of negative growth) should be replaced with a more holistic one. In…
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Trade Balance Slides Lower
Canada’s merchandise exports declined by 2.9 per cent (month-on-month) in July, while imports dropped by 1.7 per cent. As a result, Canada’s…
Trade Balance Tightens
Canada’s merchandise exports declined by 2.8 per cent (month-on-month) in July, while imports dropped by 1.8 per cent. As a result, Canada’s…
Manufacturing Sales Fall Even as Prices Soar
In dollar terms, Canadian manufacturing sales fell by 2.0 per cent (m/m) but rose by 22.1 per cent (y/y) in May. This…
Trade Data Disappoint
Canada’s total exports rose 0.6 per cent (month-on-month) in April while imports grew by 1.9 per cent. As a result, Canada’s merchandise…