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 »
