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 »
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 »
After many consecutive months of improvement, manufacturing sales in Canada fell steeply in August, to $52.1 billion. The 3.3 per cent decline in factory sales was the first decline this
Autos and parts drag down manufacturing sales in August 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 »
Canada’s industries reached a production capacity of 82.7 per cent in the second quarter, up 0.6 per cent from the previous quarter, Statistics Canada reports. It was the fourth consecutive
Manufacturing rose again in second quarter Read More »
Canada’s manufacturing industry experienced a “solid rebound” in June, the second quarter of 2014 ending on a “positive note” with the strongest output and business growth so far this year.
June a very good month for manufacturers Read More »
The manufacturing sector turned in its best performance since July 2011, posting a 2.6 per cent increase in sales for February. Statistics Canada reports that sales reached $49.6 billion. Durable goods
Manufacturing sector rebounded in February: Statistics Canada Read More »
The Canadian economy grew by 0.2 per cent in January, recovering from a decline of the same amount in December, Statistics Canada reports. Manufacturing was the largest contributor to the
Manufacturing recovers ground in January: GDP up 0.2 per cent Read More »
