Canadian Retail Sales Rose 2.1% in August
Canadian retail sales finished off the last month of summer on a positive note, rising 2.1% in August. However, the
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Canada
Canada’s Labour Market Returns to Pre-Pandemic Employment in September
A strong vaccination uptake coupled with the lifting of restrictions have allowed Canada’s economy to recoup all of the 3
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Canada’s Trade Surplus Widens to $1.94B in August as Energy Exports Surge
Canada’s trade balance remained in a surplus position for the third consecutive month, widening from July’s revised $736 million to
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Value of Building Permits Slumped 2.1% in August
The total value of Canadian building permits was down 2.1% in August, as residential permits continued to descend from their
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Canada’s Economic Output Recovers During the Summer Amid Business Reopenings
Canada’s GDP showed signs of a modest rebound during the summer, as the lifting of Covid-19 restrictions prompted consumers to
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Canadian Retail Sales Slump in July as Consumer Activity Shifts to Services Spending
Retail sales slumped 0.6% in July, marking the third decline in four months, as consumers continued to shift their spending
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Canada’s Unemployment Rate Falls to 7.1% in August as Labour Market Continues Recovery
Canada’s labour market continued to recover over the summer months, as employment levels across the hardest-hit sectors rebounded better than
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Canadian GDP Unexpectedly Falls 1.1% in Q2, Fueling Concerns of Economy’s Resilience
Canada’s economy unexpectedly contracted in the second quarter, giving rise to concerns over the strength of the recovery. Statistics Canada
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Canada’s Trade Surplus Slumps to $778 Million in July Amid Influx of Car Imports
Canada’s trade surplus narrowed in July, as imports soared to a new record-high, significantly outpacing exports. According to data published
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Retail Sales Soar as Canadians Embark on Shopping Sprees Amid Reopening
Canadian retail sales strongly rebounded in June, as consumers flocked to brick-and-mortar stores following a lengthly period of pandemic-related shutdowns.
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