Trade Deficit Widens to $1.9 Billion in May

Canadian Economics    July 3, 2024

Exports of metal and non-metallic mineral products posted a sharper decline than all other product categories. Specifically, exports of unwrought gold, silver, platinum group metals, and their alloys decreased by 17.1 percent. The value of unwrought gold exports has shown significant monthly fluctuations due to changes in volumes and prices.

Quick take  •  2-min read
David Ristovski

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Canada’s Economy Continues Growing

Canadian Economics    June 28, 2024

Real GDP in Canada rose by 0.3 per cent month-over-month in April, starting the second quarter on a positive note. Many sectors rebounded after decelerating in the previous two months, and still have room to expand through the remainder of 2024.

Quick take  •  3-min read
Viktor Cicman

Pace of Price Growth Picked Up in May

Canadian Economics    June 25, 2024

Headline inflation picked up in May as price growth for several services accelerated. Price growth for cellular services, which had been a deflationary force in April, added to the CPI’s year-over-year increase in May. Price growth for travel tours, air transportation, and gasoline also added inflationary pressure.

Quick take  •  3-min read
Kiefer Van Mulligen

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