Manufacturers are expecting less production and more job cuts in the months ahead as new orders continue to slump, Statistics Canada said today.The government agency’s latest business conditions survey paints a picture of gloom among factory owners, especially in Ontario and Quebec.The survey found 21% of manufacturers who responded planned to cut production in the […]
Price cuts spur sales
Sales of existing homes fall for sixth straight month
Canadian retailers posted widespread gains in August, led by a second consecutive advance in new car dealer sales, Statistics Canada reported today.Retail sales advanced 1.0% to $33.4 billion in August, StatsCan said. Except for three months of slight declines, retail sales have been growing strongly so far in 2006.Despite lower sales at gasoline stations, sales […]
Tumbling gasoline prices push down consumer price index
Third increase in four months, despite auto pullback
Housing starts rise in September
Consumer spending grows, while housing strength eases
Core inflation rises
Shipments from Canadian factories in August slipped from their highest level of 2006, Statistics Canada reported today.With commodity prices falling, manufacturers shipped goods worth $49.8 billion, down 0.3% from July, StatsCan said.However, if price declines were taken into account, the overall volume of shipments actually increased 0.5% to $45 billion.Constant dollar shipments (taking price fluctuations […]