Statistics Canada released data on gross domestic product, income and expenditure, third quarter 2020. Real gross domestic product (GDP) grew 8.9 per cent in the third quarter, following an 11.3 per cent drop in the second quarter and a 1.9 per cent decline in the first. Despite strong growth in the third quarter—the steepest since quarterly … Read more
Statistics Canada issued data on Canada’s balance of international payments, third quarter 2020. Canada’s current account deficit (on a seasonally adjusted basis) expanded by $0.5 billion in the third quarter to $7.5 billion. In the financial account (unadjusted for seasonal variation), inflows of funds largely came from the repatriation of funds held abroad in the … Read more
Statistics Canada announced that three-fifths of total federal, provincial, territorial and local spending went to social protection, health care and education in 2019. Governments in Canada spent an estimated $798.5 billion in 2019, the majority (61.0 pe rcent) of which was directed towards social protection, health care and education. The full release is available online. … Read more
Statistics Canada issued data on payroll employment, earnings and hours, September 2020. In September, the number of employees receiving pay or benefits from their employer—measured in the SEPH as payroll employment—rose by 337,500 (+2.2 per cent). This followed an increase of roughly 1.8 million payroll jobs from June to August, and brought the total payroll … Read more
Statistics Canada posted data indicating that the realized net farm income rises in 2019, as gains in receipts outpace increases in expenses. The realized net income of Canadian farmers rose for the first time since 2016 despite higher operating costs. Higher receipts for cannabis and livestock as well as strong growth in program payments, partially … Read more
Statistics Canada posted data indicating that almost one-quarter of Canadian seniors are caregivers. While older Canadians may be more likely than their younger counterparts to require help and care in their daily lives, almost one-quarter of Canadian seniors aged 65 years and older are caregivers themselves. And while the roles and responsibilities of these senior … Read more
Statistics Canada released data indicating that one-quarter of Canadian businesses had at least some e-commerce sales in 2019. Canadian businesses grossed $305 billion in e-commerce sales in 2019. The wholesale trade, transportation and warehousing, and manufacturing sectors were the largest contributors to total Canadian e-commerce sales. The full release is available online. Statistics Canada issued data … Read more
Statistics Canada published figures for retail trade, September 2020. Retail sales rose 1.1 per cent to $53.9 billion in September—the fifth consecutive monthly increase since the record decline in April, led by higher sales at motor vehicle and parts dealers, general merchandise stores and food and beverage stores. The full release is available online. Statistcs Canada … Read more
Statistics Canada issued data on the volume of Canada’s non-residential and residential net capital stock increased in 2019. A slowdown in engineering continued to dampen the growth of overall capital stock in 2019. The full release is available online. Statistics Canada released data indicating almost one-third of the Canada Emergency Business Account loans went to cover payroll … Read more
Statistics Canada unveiled the new Personal Inflation Calculator. This interactive web-based application calculates a personalized inflation rate, reflective of your unique spending habits, to compare with the official measure of inflation experienced by the average Canadian household – the Consumer Price Index (CPI). The calculator is available online. Call 613-951-4636. Statistics Canada published the Consumer Price Index, … Read more
