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Statistics Canada

Canada adds 230,700 jobs in June, unemployment falls to 7.8pc
World

Canada adds 230,700 jobs in June, unemployment falls to 7.8pc

  • The country added 230,700 jobs in June, beating analyst expectations of 195,000, as public health restrictions were eased in several regions of the country, Statscan said. The unemployment rate was 7.8%, just short of expectations of 7.7%.
Published 09 Jul, 2021 06:12pm
TSX gains on energy boost, upbeat economic data
Markets

TSX gains on energy boost, upbeat economic data

  • The energy sector climbed 0.8% as US crude prices were up 0.2% a barrel, while Brent crude was unchanged.
  • Toronto Stock Exchange's S&P/TSX composite index was up 39.12 points, or 0.2%, at 20,088.59.
Published 11 Jun, 2021 08:29pm
Canada annual inflation rises at fastest pace in a decade in April
World

Canada annual inflation rises at fastest pace in a decade in April

  • Canada's annual inflation rate rose to 3.4%, from 2.2% in March, Statistics Canada said. Analysts polled by Reuters had expected the annual rate to rise to 3.2% in April.
  • CPI common, which the Bank of Canada calls the best gauge of the economy's underperformance, was 1.7%, in line with analyst expectations. CPI median and trim both rose to 2.3%.
Updated 19 May, 2021 07:31pm
TSX slips as oil prices retreat from six-week highs
Markets

TSX slips as oil prices retreat from six-week highs

  • The Canadian economy grew by 0.4% in February as retail trade rebounded after lockdown measures were eased across parts of the country, Statistics Canada said. A flash estimate showed GDP jumping 0.9% in March.
  • Toronto Stock Exchange's S&P/TSX composite index was down 40.62 points, or 0.21%, at 19,215.3.
Published 30 Apr, 2021 08:39pm
Canada posts blockbuster job gain in March, but new lockdowns set to weigh
World

Canada posts blockbuster job gain in March, but new lockdowns set to weigh

  • Statistics Canada said the country added 303,100 jobs in March, triple analyst expectations of 100,000, as a number of industries continued to recover from December and January shutdowns.
  • "This is another strong jobs report," said Ryan Brecht, a senior economist at Action Economics. "However, the outlook for April activity has been dented by the return of regional lockdowns."
Published 09 Apr, 2021 08:45pm
Canada Feb factory sales seen falling 1.0pc
World

Canada Feb factory sales seen falling 1.0pc

  • Factory sales gained 3.1% in January. Statscan said the estimate had been calculated based on responses received from 59.0% of companies surveyed.
  • The average final response rate for the survey over the past 12 months has been 90.4%, it added.
Published 24 Mar, 2021 08:29pm
Canada inflation rate ticks up in February on gas prices
World

Canada inflation rate ticks up in February on gas prices

  • All three core measures of inflation were steady in February. CPI common, which the Bank of Canada says is the best gauge of the economy's underperformance, was flat at 1.3%.
  • Generally speaking, you don't have emergency levels of disinflationary pressures to justify emergency levels of stimulus, in my opinion.
Published 17 Mar, 2021 08:23pm
Spike in Canada exports to US leads to surprise January trade surplus
World

Spike in Canada exports to US leads to surprise January trade surplus

  • Canada's trade surplus with the rest of the world was C$1.41 billion ($1.11 billion) in January, the largest since July 2014. Analysts polled by Reuters had predicted a deficit of C$1.40 billion.
  • "In a sea of really bad news this is an island paradise. Everything is up," said Peter Hall, chief economist at Export Development Canada.
Published 05 Mar, 2021 09:43pm
TSX flat as weak retail sales data weighs; set for weekly loss
Markets

TSX flat as weak retail sales data weighs; set for weekly loss

  • Domestic retail sales fell 3.4% in December to $53.38 billion ($42.37 billion), the biggest monthly drop since April, as COVID-19 restrictions hit businesses, Statistics Canada said.
  • Toronto Stock Exchange's S&P/TSX composite index was flat at 18,274.68 and was set to record its worst week so far this month.
Published 19 Feb, 2021 08:29pm
Canada December unemployment rate revised to 8.8pc
World

Canada December unemployment rate revised to 8.8pc

  • The revision, undertaken to ensure the data was aligned with recent population and geographical boundary estimates, had "virtually no effect" on employment estimates for the pandemic period of March to December 2020.
Published 25 Jan, 2021 08:22pm
Canada annual inflation rate slows to 0.7pc in December
World

Canada annual inflation rate slows to 0.7pc in December

  • Headline inflation was below analyst expectations for inflation to remain at November's 1.0% rate. Consumer prices fell 0.2% on the month.
  • The Canadian dollar was trading 0.3% higher at 1.2692 to the greenback, or 78.79 US cents as investors bet on hefty US fiscal stimulus.
Published 20 Jan, 2021 08:02pm