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Canadian Economy Adds 43,900 Jobs in October

Statistics Canada reported both employment and trade data today. Canada added 43,900 jobs in October, a 0.2 percent increase that beat estimates and pushed the three-month total for employment gains above 130,000 — the largest three-month gain since 2012, though a surge in part-time jobs overshadowed a decline in full-time employment.…

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Canadian Manufacturing Sales Grow by 0.9%

👤Arthur Greene 🕔October 18, 2016

There has been a spike in the Canadian manufacturing sales for the month of August as the recorded figures came in more than expected, the release also strengthened the probability that the country will experience an economic rebound in the third quarter after shrinking in the second.…

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Canadian Housing Starts Edge Higher in September

👤Arthur Greene 🕔October 11, 2016

Canadian housing starts grew sharply in the month of September as the stand alone seasonally adjusted annual rate (SAAR) at 220,617 for the month after a reading of 184,201 in the month of August and the highest reading for almost a year.…

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Canadian Employment at 4 year High

👤Lisa Harris 🕔October 7, 2016

Canadian employment figures have edged up to a 4 year high in its September release, indicating that a reduction in interest rates may not be necessary to keep the slow recovery from the commodities bust. Statistics Canada stated on Friday in Ottawa that Canadian employment rose by 67,200, the most since April 2012.…

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Canadian Trade Deficit Records Decline

👤Arthur Greene 🕔October 5, 2016

The Canadian trade deficit shrank further in the month of August to C$1.9 billion from a revised C$2.2 billion in July, the July reading was initially reported as C$2.5 billion. The release was much more positive than the market expectation of C$2.5 billion for the month after the July revision was the result of a higher estimate for exports.…

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Canadian Core Retail Sales Post 0.1% Fall

👤Arthur Greene 🕔September 23, 2016

The Canadian retail sales data released on Friday revealed a 0.1% slump in the month of July after a revised unchanged reading in June, which was initially reported at -0.1%. This was lower than the forecasted 0.2% growth for the month as the year on year growth reached 2.3%.…

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Canadian Core Inflation Lower in August

👤Lisa Harris 🕔September 23, 2016

There was a slump in the Canadian core inflation rate as it fell to its lowest level in over 2 years in August, as the disappointing economic outlook mostly strengthened by the weak consumer prices weighed on the country’s core inflation.…

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Canadian Wholesale Sales Rise for Fourth Month

👤Arthur Greene 🕔September 21, 2016

Canadian wholesales data released today showed a consecutive four months rise in the wholesales as it grew by 0.3% in the month of July on the trail of a 0.7% gain in the previous month. This rise gave it an annual gain of 3.3% and was mostly in line with the consensus market forecasts.…

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Canada’s RBC PMI Lower than Expected

👤Nurudeen Amedu 🕔September 2, 2016

There was a decline in the most recent RBC Markit Canadian manufacturing PMI index figures as it fell from 51.9 reported in July to 51.1 for the month August, this was its lowest reading in six months. Despite the fact that the figures still signify expansion, its shortcomings will spur disappointment in the market, mostly due to the slump in export orders in the current month.…

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Tag "canadian"

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