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Tag Archives: Canada

Canada’s Manufacturing PMI Drops in January

The headline seasonally adjusted IHS Markit Canada Manufacturing Purchasing Managers’ Index (PMI) declined in January to 54.4 from 57.9 in December, data showed on Monday. However, Canadian manufacturing businesses witnessed a solid expansion in business conditions, especially in the goods-producing sector. Production volumes increased solidly in January, extending the current …

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Building Permits in Canada Decline in December

Canadian building permits declined in value by 4.1% during December, data by Statistics Canada showed on Thursday. The decline comes below market expectations of a 5% decrease. On an annual basis, building permits decreased to an unadjusted reading of 2.3% last year compared with 2019, but rose by 3.1% compared …

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Canadian Wholesale Sales at Record High

Wholesale sales in Canada increased during November 2020 for the seventh consecutive month to reach a new record high, data by Statistics Canada showed on Tuesday. Wholesale sales rose by 0.7% to hit a new all-time high of CAD 67.4 billion. In volume, wholesale sales went up by 0.9% in …

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UK and Canada Reach Free Trade Arrangement

The United Kingdom (UK) and Canada have agreed transitional measures to maintain the flow of goods between the two countries starting from January 1, 2021, the British Department of International Trade announced on Tuesday. The new agreement will allow the continuity of free trade, without tariffs, between the two countries …

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