GST Holiday Trimmed CPI Growth in December
Key insights In December, the CPI remained below the 2.0 per cent midpoint of the Bank of Canada’s inflation-control target…
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Manufacturing Sales Rose in November as Weaker Loonie Supported Exporters
Key insights Building on a large gain the previous month, Canadian manufacturing sales rose again in November. Higher sales of…
December Delivers: Risks Loom, but Jobs Stay Strong
Key Insights Today’s Labour Force Survey (LFS) results for December complete a year in which Canada’s labour slackened amid weakening…
Trade Deficit Narrows to $323 Million in November
Key Insights In November, exports of consumer goods posted larger gains than all other product categories. A sharp rise in…
Index of Consumer Confidence for December 2024: A Rising Tide of Pessimism
The Index of Consumer Confidence fell 10 points to 60.0 (2014=100) in December, the largest decrease in a year. Insights Employment…
CPI Growth Falls Below Bank of Canada’s Target in November
Key insights Inflation in Canada slipped just below the midpoint of the Bank of Canada’s target range in November. Statistics…
Manufacturing Sales Soar in October
Key insights Rising manufacturing sales in October reflects the loosening of monetary policy in Canada. Higher motor vehicle sales drove…
The Bank of Canada Trims Another 50 Basis Points to End the Year
Key insights Another cut is welcome news. Today’s announcement provides relief for households as lower interest rates will ease borrowing…
Unemployment Rate Rises as Job Seekers Left Out in the Cold
Key insights In 2024, Canada’s labour market continued to cool as employment struggled to keep with pace with robust labour…
Trade Deficit Narrows to $924 Million in October
Key insights In October, exports of metal and non-metallic mineral products posted larger gains than all other product categories. A…