Housing starts in Canada fell 4.42% to 251,151 in September in another sign of the continuing shortages of raw materials and labor that have gripped the economy. … READ MORE >
Canada
This week in energy: Global shortage, Canada fossil fuels, Northam conference hot topics
In this week’s energy industry analysis, we take a look at the continuing global energy crunch, what the increased demand for fossil fuels means for Canada, and highlights from the Northam Energy Capital Assembly conference. … READ MORE >
Canada manufacturing sales hit new high amid rising energy demand
Middle market businesses in manufacturing not experiencing supply chain issues will benefit from high demand, while others will see industrial product price increases. … READ MORE >
Canada’s employment is back to pre-pandemic levels
Canada added an encouraging 157,000 jobs in September, bringing its total employment to just over the February 2020 level. … READ MORE >
Canada’s trade surplus rose in August with global energy demand
Canada’s merchandise trade surplus widened to CAD $1.94 billion in August thanks to rising global demand for energy amid shortages in other countries, Statistics Canada reported on Tuesday. … READ MORE >
Global natural gas prices hit record as middle market girds for difficult winter
Global natural gas prices have climbed to record highs amid soaring demand fueled by the reopening economy and tight supplies. As power outages halt manufacturing and threaten climate commitments, businesses and consumers should brace themselves for a difficult winter. … READ MORE >
Building permits in Canada continued to fall with material shortages
The value of building permits in Canada decreased by 2.1% in August from July to a seasonally adjusted 9.66 billion Canadian dollars as developers continued to feel the effect of supply and labour shortages. … READ MORE >
Canada’s GDP showed modest contraction in July
Canada’s gross domestic product in July contracted by 0.1%, continuing the trend from the second quarter. … READ MORE >
Chart of the day: Canada’s retail sales cool amid bumpy recovery
Continuing what has been a volatile year for consumers, Canada’s retail sales decreased by 0.6% in July compared to June, according to data released on Thursday by Statistics Canada. … READ MORE >
RSM Canada Financial Conditions Index remains solid as election approaches.
Our index is showing that the level of risk priced into financial assets has been consistently lower than normal. … READ MORE >