Despite the ongoing oil slump, lower domestic demand and lower exports, Canada’s economy grew at an annualized rate of 0.8 per cent in the fourth quarter of 2015, Statistics Canada …
Canada’s economy grew in Q4, manufacturing up in December 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 »
Canada’s trade deficit with the world grew in May, from $3 billion in April to $3.3 billion in May, according to Statistics Canada. The growing deficit was the result of …
Trade deficit increased in May on weaker exports Read More »
Auto sales in Canada were up 8 per cent in August, reaching 21 per cent higher than the five-year average for the month. A total of 171,560 new cars, trucks, …
Canada’s auto sales soar; Toyota passes 100K mark for hybrids 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 »
Canada’s trade surplus with the rest of the world more than tripled in June, growing from $576 million in May to $1.9 billion in June. Exports were up by 1 …
Canada’s exports soared in June while imports fell Read More »
