Canadian Retail Sales Increased 1.3% In November Following Surge in Online Shopping
For the seventh consecutive month, Canadian retail sales posted the fastest increase since September, rising by 1.3% to 55.2 billion
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Canada
CFIB: 1 In 6 Canadian Small Businesses Face Closure Due To Covid-19
Following a sudden resurgence of Covid-19 before the end of 2020, many regions across Canada imposed tougher lockdowns and more
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Canadian Inflation Falls to 0.7% in December Amid Renewed Lockdowns
Price pressures for the month of December slowed down across Canada, as much of the country went into tighter lockdowns
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Wholesale Trade in November Remained Robust Despite Tightening Covid-19 Restrictions
Wholesale sales increased for the seventh consecutive month in November, despite the tightening of Covid-19 restrictions prior to the holidays.
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GM to Invest $800 Million Towards Commercial EV Factory in Ontario
GM recently unveiled a new wholly-owned business called BrightDrop, which will provide electric first-to-last mile products for logistics companies. As
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Canada’s Natural Resource Sector Grows 0.3% in the Third Quarter
Real GDP in the natural resources sector rose by 0.3% in the third quarter of 2020, following a record drop
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Canadian Construction Investment Declined in November Amid Continued Lockdowns
Investments in construction across Canada fell for the third consecutive month, declining by 0.1% to $15.3 billion in November. The
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Canada’s Labor Market Suffers First Decline Since April
As a number of public health restrictions were tightened across Canada heading into the winter months, the country’s labour market
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Canada’s GDP Expanded by 0.4% in October Amid Second Covid-19 Wave
It appears that the continued upward climb of Canada’s economy continued on the trajectory for October, as real GDP increased
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Canadian Retail Sales Increase 0.4% In October
Canadian retail sales recorded strong growth for the month of October, rising by 0.4% on a month-over-month basis, marking the
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