But the country is still lagging on key indicators of sustainable economic growth, notably labour productivity
Declines in manufacturing, energy and retail trade
Rate of decline slows in Q1: StatsCan
Economists say sharper than expected drop for retail sales in April indicates that recovery is not yet underway
Gasoline prices fall, while food prices rise
Canadians still expect the economy to improve going forward
U.S. consumer prices fell in May compared to a year-ago, a sign the inflation remains subdued.U.S. consumer prices fell 1.3% compared to one year ago, the largest 12-month decline since April 1950, the U.S. Labor Department said Wednesday. That’s below the 2% annual rate of inflation that most U.S. Federal Reserve officials think is consistent […]
Automotive products sales rise for third straight month
Largest turnarounds in the housing and the stock market
The labour productivity of Canadian businesses rose 0.3% in the first quarter as output and hours worked made a sharp decline, Statistics Canada said Tuesday.StatsCan reported the gross domestic product of Canadian businesses and hours worked related to this production were both down sharply, posting the largest quarterly declines since the first quarter of 1991.The […]