The average weekly earnings of non-farm payroll employees were $1,042 in October, changed little from September. Compared with October 2018, earnings grew 3.3 per cent. In general, changes in weekly earnings are the result of a number of factors, including wage growth; changes in the composition of employment by industry, occupation and level of job experience; and average hours … Read more
The Consumer Price Index (CPI) rose 2.2 per cent on a year-over-year basis in November, up from a 1.9 per cent increase in each of the previous three months. Excluding gasoline, the CPI rose 2.3 per cent in November, matching the increase from October. On a seasonally adjusted monthly basis, the CPI rose 0.1 per cent in November, following a 0.3 per cent increase in October. Details online. In October, 448,100 people … Read more
Manufacturing sales declined 0.7 per cent to $57.1 billion in October, the second consecutive monthly decrease. Sales were down in 11 of 21 industries, representing 48.8 per cent of total manufacturing sales. Sales of durable goods fell 2.4 per cent to $29.9 billion, while sales of non-durable goods rose 1.3 per cent to $27.2 billion. Details online. On a year-over-year basis, growth in the number of job vacancies slowed and the … Read more
Foreign investors acquired $11.3 billion of Canadian securities in October, mainly bonds. Meanwhile, Canadian investors increased their holdings of foreign securities by $2.0 billion, also mainly in the form of bonds. As a result, international transactions in securities generated a net inflow of funds in the Canadian economy of $9.3 billion in October, the largest inflow of funds … Read more
National wealth, the value of non-financial assets in the Canadian economy, decreased 0.2 per cent to $11,783.3 billion in the third quarter due to an 8.4 per cent decline in the value of natural resources, as energy prices and the value of timber dropped. The weakness in natural resource wealth was partially offset by an increase in the value of … Read more
Canada’s net foreign asset position increased by $30.6 billion to reach $839.1 billion at the end of the third quarter. The increase was mainly due to higher equity prices. Canada’s net foreign asset position represented 36.3 per cent of gross domestic product, up from 35.1 per cent in the second quarter. Details online. Police-reported family violence against seniors increased by 11 … Read more
Canadian industries operated at 81.7 per cent of their production capacity in the third quarter, down from 83.3 per cent in the previous quarter. The mining, quarrying and oil and gas extraction sector was the main source of this decline. Details online. In 2019, the cannabis retail market has grown considerably, with retailers of legal cannabis establishing more than 400 brick-and-mortar … Read more
Statistics Canada released a new report entitled “Education Indicators in Canada: An International Perspective, 2019,” which provides a range of information on education indicators including a chapter that highlights environmental awareness among 15-year-old students in response to the Sustainable Development Goals. Details online. The most recent census counted 1.67 million Indigenous people in Canada in 2016, or 4.9 per cent of the total population. … Read more
The total value of building permits issued by Canadian municipalities decreased 1.5 per cent to $8.3 billion in October. Declines were reported in five provinces, with the largest decrease in British Columbia (-21.2 per cent to $1.3 billion). Quebec offset some of this decline, with the value of building permits in that province rising 12.3 per cent to $1.7 billion. Details online. … Read more
After holding steady in October, employment fell by 71,000 (-0.4 per cent) in November. The unemployment rate rose by 0.4 percentage points to 5.9 per cent. Compared with November 2018, employment gains totalled 293,000 (+1.6 per cent), with the increase largely accounted for by full-time work. Over the same period, total hours worked grew by 0.2 per cent. Details online. Canadian farmers reported producing more … Read more
