Tag Archives: Canada

Wholesale sales in Canada are expected to have increased by 0.9% in October, according to estimates by Statscan released on Monday, Reuters reported. The rise in wholesale sales follows an equal one in September. The preliminary estimate is based on a weighted response rate of 53.0%, according to Statscan. Meanwhile, …

Canadian retail sales increased by 1.1% to $53.9 billion in September, data by Statistics Canada showed on Friday. This is the fifth consecutive monthly increase in Canadian retail sales. The surge in retail sales also exceeded market expectations of a 0.2% rise. Data further showed that retail sales rose across …

Retail Sales in Canada rose by 1.1% on a monthly basis in October to $ 53.9 billion, the data published by Statistics Canada showed on Friday. This reading followed August’s increase of 0.4% and came in slightly lower than the market expectation of 1%. “Rounding out the third quarter, retail …

Employment in Canada declined by 79,500 during the month of October, data showed on Thursday. Job losses in the trade, transportation, and utilities sectors led the decline, according to ADP. This is the eighth consecutive month of job losses. The September reading was revised up to 564,400 lost jobs, up …

British Trade Minister Truss said that the UK determined ‎to reach a trade agreement with Canada before the end of the year. She said she hoped the UK would be able to move forward with the trade agreement with Canada and added, ” By no means are we entirely focused …

Canada’s consumer price index (CPI) rose in October by 0.7% on an annual basis, on the back of higher food prices, according to data by Statistics Canada. This comes following an increase 0.5% in September. The rise in inflation rate last month exceeds market expectations of a 0.4% rise in …

Wholesale sales in Canada increased by 0.9% to $66.2 billion in September, data by Statistics Canada showed on Tuesday. Sales of food, beverage, and tobacco grew by 3.6% to $12.4 billion, with the food industry sales increasing by 4.2%. This is the best reading for the food, beverage, and tobacco …

Manufacturing sales in Canada increased by 1.5% to CAD 53.8 billion in September, data by Statistics Canada showed on Monday. The reading follows a monthly revised decline of 1.4% in August, from an initially estimated 2% decrease.

The Prime Minister of Canada, Justin Trudeau, expects a trade agreement with the United Kingdom (UK) to be reached by the end of 2020, Reuters reported. “I think we’re ready to have it done before January 1. One of the challenges is bandwidth.” “The UK hasn’t had to negotiate trade …

Canada’s Ivey Purchasing Managers Index (PMI) increased to a seasonally adjusted reading of 54.5 in October, from 54.3 in September, beating expectations of 51.5, data showed on Friday. This is the fifth consecutive month for the Canadian PMI, in which it maintained its level above 50. The employment index rose …