Canadian Consumers are Regaining Confidence
The Index of Consumer Confidence increased 3.3 points in September, bringing the Index to 70.4 points (2014 = 100) and marking its…
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August CPI Growth Decelerated to Slowest Pace since February 2021
Key Insights The growth of Canada’s CPI reached 2.0 per cent year-over-year in August, hitting the Bank of Canada’s target….
Petroleum and Coal Shipments Stoked Manufacturing Sales in July
Key Insights Manufacturing sales rebounded partially in July after a notable decline in June. Sales of chemical, petroleum and coal…
Unemployment Rate Slides Up Again in August
Key Insights Job growth, particularly in the private sector, is in a rut. Labour demand has fallen steadily over the…
Reduced Motor Vehicles and Parts Imports Drives the Canadian Trade Balance to a Surplus
Insights Exports of motor vehicles and parts posted sharper declines than all other product categories. Exports of passenger cars and…
The Bank of Canada Cuts Rates Further in September
Insights Inflation is moving in a positive direction. July’s CPI came in at 2.5 per cent (year-over-year), 0.2 percentage points lower than…
Canada’s GDP Growth Levelled Off in June, Appears Set to Stay Flat in July
Insights Canada’s real GDP expanded by 0.5 per cent in the second quarter of 2024. On a real per capita…
Index of Consumer Confidence Drops in August
After 3 consecutive increases, The Consumer Confidence dropped by 0.1 points in August, bringing the index to 67.1 points (2014 =…
Off the Rails: Rail Stoppages Will Have Widespread Impacts
A labour dispute is threatening to shut down much of Canada’s rail industry. Roughly 9,000 workers at Canadian National (CN)…
Pace of Price Growth Moderated Further in July
Key insights Consumer price inflation continued to moderate in July. The pace of CPI growth slowed to 2.5 per cent on…