Level of pessimism drops sharply from February
Sharp decline in imports and exports during the quarter
Record decline follows a decline of 2.0% in the previous quarter
New car sales up 3.6% in March
Weak demand in the building materials, machinery and electronic equipment sectors pushed Canadian wholesale activity down by 0.6% in March to $40.5 billion, Statistics Canada said Thursday.In terms of volume, wholesale sales were down 1.3%. A weaker Canadian dollar meant that wholesalers paid more for imported goods, StatsCan said.With the March decline, wholesale activity has […]
Food prices up 7% over last year: StatsCan
Canada’s composite leading indicator fell by 1.1% in April, Statistics Canada said on Wednesday.The rate of decline of the smoothed version of the leading indicator slowed from 1.5% in March, StatsCan said.However, the unsmoothed version of the index rose 0.5%, after seven straight declines.Both financial components increased in the month, as the money supply expanded […]
Durable goods industries post the strongest declines
Food costs boost producer price index
Trade surplus with U.S. unchanged from February