Canada

Canadian Consumer Spending Decline

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:February 22, 2024

Canadian consumers seem to have tightened their wallets after a surge in retail purchases during the holiday season, highlighting the pressure on household budgets from high interest rates. Sales Decline…

Inflation Declines in Canada, Impacting Stock Market

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:January 16, 2024

By Adriano Marchese Statistics Canada recently reported a 0.3% decline in inflation for December, compared to the previous month. However, inflation has risen by 3.4% compared to the same period…

Inflation Expectations Remain Elevated in Canada

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:January 15, 2024

OTTAWA--According to the fourth-quarter surveys released by the Bank of Canada, inflation expectations among businesses and households in Canada remain elevated. The combination of wage gains and shelter costs is…

Decline in Canadian Existing Home Sales Continues

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:November 15, 2023

Existing home sales in Canada witnessed a 5.6% drop in October, marking the fourth consecutive month-over-month decline. This decrease can be attributed to higher interest rates that continue to impact…

Canadian Factory Sales Rise in August

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:October 16, 2023

Canadian factory sales experienced a second consecutive monthly increase in August, driven by higher oil prices and strong growth in the food sector. According to Statistics Canada, manufacturing shipments reached…

Canada’s International Reserves Decline in September

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:October 5, 2023

Canada's official international reserves saw a decrease of $2.24 billion in September, primarily due to a net loss on investments, according to the federal finance department. As of September 30,…

Canada’s International Reserves Decline in September

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:October 5, 2023

Canada's official international reserves saw a decrease of $2.24 billion in September, primarily due to a net loss on investments, according to the federal finance department. As of September 30,…

Canadian Manufacturing Activity Contracts Further in September

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:October 2, 2023

The latest data revealed a continued decline in Canadian manufacturing activity last month, signaling softening market conditions. The S&P Global Canada manufacturing purchasing managers index fell to 47.5 in September,…