Risk is being reintroduced into Canada’s financial markets as investment decisions and monetary policy begin to pivot from interest rates at the zero bound. … READ MORE >
Canada
New entrants are changing the face of Canada’s telecom industry
Between the sheer number of licenses awarded and their higher quality, the summer 2021 spectrum auction was undoubtedly one of the most important events in Canadian telecom history and hugely important to improving connectivity across the country. … READ MORE >
Canada’s jobs report shows strong gains among full-time workers
Canada added 55,000 jobs in December, rounding out the year on a strong note, according to data released by Statistics Canada on Friday … READ MORE >
Canada’s merchandise trade surplus increases, lifted by vaccine production
Canada’s international merchandise trade surplus widened to 3.1 billion CAD in November because of an unexpected source: the mass production of the COVID-19 vaccine. … READ MORE >
Canada’s building permits hit a record in November
Canadian building permits rose by 6.8% in November to an all-time-high of 11.2 billion CAD, the third straight monthly increase demand for residential housing remained strong. … READ MORE >
Canada’s retail sales increased by 1.6% in October but new virus threat looms
Retail sales climbed by 1.6% to $57.6 billion in October thanks to rebounding sales of motor vehicles and parts, but the data was captured before the stunning recent surge of the omicron variant. … READ MORE >
This week in energy: US LNG capacity, Canada pipelines, Europe’s natural gas supply
In this week’s energy industry analysis, we take a look at the anticipated growth of U.S. liquefied natural gas production, the impact of the British Columbia floods on pipeline operations in Canada, and fears of a natural gas supply disruption in Europe. … READ MORE >
Canada inflation steady at 4.7% amid high gasoline and food prices
Canada’s inflation in November remained at 4.7% on an annual basis, primarily because of increasing prices for gasoline, food and shelter, according to data released by Statistics Canada on Wednesday. … READ MORE >
Bank of Canada decision: Central bankers set the stage for 2022 rate hikes
The Bank of Canada kept its policy rate at 0.25% at its December meeting on Wednesday as it prepares the public and market participants for the normalization of monetary policy and the first increase in interest rates next year. … READ MORE >
Canada’s trade surplus grew in October, fueled by autos and energy
Canada’s merchandise trade surplus widened to CAD $2.1 billion in October—a 10-year high—as exports of motor vehicles and parts as well as energy surged. … READ MORE >