Industry in Canada
Canada - IndustryCanada’s economy posted a solid performance in the second quarter, buoyed by a resilient external sector which posted strong gains despite the ongoing trade spat with the United States. Meanwhile, momentum looks to have broadly held up in the third quarter. Despite higher borrowing costs, household spending appears to have remained elevated on firm employment gains and moderate wage growth. Furthermore, housing-market metrics continue to suggest that fundamentals have stabilized. However, trade uncertainties persist. Although bilateral NAFTA talks resumed between Canada and the U.S. on 19 September, an immediate deal is unlikely and negotiations may well extend until the U.S.-imposed 1 October deadline as negotiators remain at odds over a number of clauses, including dairy-industry tariffs and the dispute-settlement process.
Canada - Industry Data
|Industrial Production (annual variation in %)||1.8||5.1||-0.9||0.1||5.2|
5 years of economic forecasts for more than 30 economic indicators.
Canada Industry Chart
Source: Statistics Canada.
|Bond Yield||2.51||1.00 %||Oct 17|
|Exchange Rate||1.31||0.15 %||Oct 18|
|Stock Market||15,404||0.23 %||Oct 18|
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October 19, 2018
Seasonally-adjusted consumer prices fell 0.1% from a month earlier in September, contrasting August’s 0.1% rise.
September 28, 2018
Economic growth came in at 0.2% in monthly terms in July, on the heels of an essentially flat reading in June.
September 12, 2018
House prices rose 0.2% on a monthly basis in August as the Teranet-National Bank National Composite House Price Index ticked higher, down from July’s 0.8% month-on-month increase.
September 8, 2018
Housing starts on a seasonally-adjusted annualized (SAAR) basis moderated to 201,000 units in August, according to the Canada Mortgage and Housing Corporation (CMHC).
September 7, 2018
In July, the Ivey Purchasing Managers Index (PMI), prepared by the Richard Ivey School of Business, held broadly stable, edging up marginally to 61.9 points (July: 61.8 points).