Statistics Canada released data on gross domestic product, income and expenditure, first quarter 2023. Real gross domestic product rose 0.8 per cent in the first quarter, after posting no change in the previous quarter. Favourable international trade and growth in household spending were moderated by slower inventory accumulations as well as declines in housing investment … Read more
Statistics Canada posted data on Canada’s balance of international payments, first quarter 2023. Canada’s current account deficit (on a seasonally adjusted basis) narrowed by $1.9 billion to $6.2 billion in the first quarter. The lower deficit mainly reflected a smaller investment income deficit, partially offset by a higher trade in goods and services deficit. The full release is … Read more
Statistics Canada published results from its Canadian Survey on Business Conditions, second quarter 2023. Businesses continued to expect to face a variety of obstacles in the short term related to rising inflation, rising costs, hiring and retention, as well as supply chains. Some pressures, including those related to supply chains and prices, have been easing since … Read more
Statistics Canada posted results from the Visitor Travel Survey, fourth quarter 2022. Spending in Canada by international travellers totalled $3.0 billion in the fourth quarter of 2022, up sharply from $1.6 billion during the same quarter of 2021, and capping a strong recovery in the number of visits by both US and overseas residents during the year. The … Read more
Statistics Canada posted data on payroll employment, earnings and hours, and job vacancies, March 2023. The number of employees receiving pay or benefits from their employer—measured as “payroll employees” in the Survey of Employment, Payrolls and Hours—was little changed in March (-9,900). The full release is available online. Statistics Canada issued data on farm income, 2022. … Read more
Statistics Canada posted its quarterly financial statistics for enterprises, first quarter 2023. Canadian corporations reported a 5.6 per cent decrease (or -$9.8 billion) to $165.9 billion in net income before taxes in the first quarter, impacting both the financial sector (-11.3 per cent) and the non-financial sector (-3.1 per cent). The full release is available online. Statistics Canada … Read more
Statistics Canada posted the industrial product and raw materials price indexes, April 2023. The Industrial Product Price Index fell 0.2 per cent month over month in April, and was 3.5 per cent lower than April 2022. The Raw Materials Price Index rose 2.9 per cent on a monthly basis in April 2023 and fell 10.8 … Read more
Statistics Canada released data on retail trade, March 2023. Retail sales decreased 1.4 per cent to $65.3 billion in March. Sales decreased in five of the nine subsectors, led by decreases at motor vehicle and parts dealers (-4.4 per cent) and gasoline stations and fuel vendors (-3.9 per cent). The full release is available online. Statistics Canada posted … Read more
Statistics Canada posted data on employment Insurance, March 2023. In March, 388,000 Canadians received regular Employment Insurance benefits, little changed from February. The full release is available online. Statistics Canada issued data on trade by exporter and importer characteristics: Goods, 2022. Both the value of exports and imports of goods rose substantially in 2022. However, the … Read more
Statistics Canada released data on Canada’s international transactions in securities, March 2023. Foreign investors reduced their exposure to Canadian securities by $19.1 billion in March, the largest divestment since September 2022. Meanwhile, Canadian investors reduced their holdings of foreign securities by $5.6 billion in March 2023, a fourth consecutive monthly divestment. The full release is available online. Statistics Canada issued … Read more
