Slight upturn in Canada’s manufacturing in June
For the first time in five months, Canada’s manufacturing sector showed signs of a “modest recovery” in June. Production volumes, new business intakes and employment numbers all picked up, according …
wholesale
Jobless rate down, balance of trade up as economy shows strength
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 »
Q1 Canadian corporate profits up, led by oil and gas
Canada’s corporate profits rose 7.4 per cent to $88.6 billion in the first quarter of 2014. Statistics Canada reports that operating profits were up in thirteen of the twenty-two industries …
Q1 Canadian corporate profits up, led by oil and gas Read More »
Manufacturing up again in October
For the fourth consecutive month, Canada’s economy grew in October, Statistics Canada reports. GDP grew by 0.3 per cent in October, with significant gains in manufacturing and service industries. In …
Unemployment rate drops after strong job gains in May
An impressive 95,000 Canadians found work in May, enough of a surge in employment to push the unemployment rate down 0.1 percentage points to 7.1 per cent, Statistics Canada reports. …
Unemployment rate drops after strong job gains in May Read More »
