In the first half of 2015, Canada was technically in recession. That changed in the third quarter when the economy switched into higher gear, with surging exports, strong consumer spending …
Brighter outlook for Canada’s economy in 2016: RBC Read More »
Stronger exports were enough to grow Canada’s economy by a healthy 2.3 per cent in the third quarter, though a worrisome contraction of 0.5 per cent in September has economists …
Economy showed mix of strength (exports), weakness (investment) in Q3 Read More »
The RBC PMI monthly survey of Canada’s manufacturers shows that business conditions deteriorated in September to their lowest level in five years. Output, new business and employment levels all fell, …
Manufacturing sector faced difficult conditions in September: survey Read More »
Another study, this one from the Broadbent Institute, says that Canada’s governments need to invest at least $50 billion over the next five years to prevent its public infrastructure from …
Invest $50 billion in infrastructure over five years or fall further behind: Report Read More »
As recessions go, most commentators agree that this is a mild one. Canada’s real GDP shrank 0.1 per cent in the second quarter, following a 0.2 per cent contraction in …
Technically a recession, but is it already over? Read More »
Broad-based growth in several major sectors of the economy lifted Canada’s GDP by 0.3 per cent in October, Statistics Canada reports. The growth was more robust than economists had expected, …
Strong manufacturing output lifts GDP in October Read More »
The latest survey of Canada’s manufacturers shows higher volumes of new orders and increased production levels in October as firms continue to hire workers to meet demand. Expansion of manufacturing …
Manufacturing index rises, conditions “robust” in October: RBC 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 »
