Once again, the economists got it wrong. A Bloomberg News survey of twenty-five economists had produced a forecast for 5,000 Canadian jobs lost in October. Instead, 43,100 jobs were created, …
Jobless rate down, balance of trade up as economy shows strength Read More »
Canada’s manufacturers set a sales record in July, beating the record set back in July of 2008. Sales were up 2.5 per cent, to $53.7 billion, with sixteen of the …
Ontario economy set to grow based on exports, weaker dollar Read More »
Almost every sector of Canada’s economy expanded in the second quarter of the year, Statistics Canada reports. The annualized growth rate of 3.1 per cent was greater that had been …
Consumer spending drives strong GDP growth in second quarter Read More »
A rebound in the manufacturing sector helped Canada’s economy to grow by 0.5 per cent in January. The growth went a long way to restoring confidence that December’s decline of …
Strong manufacturing helped grow economy in January Read More »
Canada’s auto parts industry had a good year in 2012, especially in North America, India and South Korea, according to a Scotiabank report. The sector showed double-digit gains over the …
Mixed results for Canada’s auto parts industry: report Read More »
