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Canadian Economic News


Canadian GDP Falls Inline With Expectations Despite Boost in Auto Production
Canadian Economy |  Written by CEP News |  Apr 30 09 13:39 GMT | 
(CEP News) - Canada's economy contracted in line with expectations in February, with real gross domestic product (GDP) down 0.1% from January, Statistics Canada reported Thursday.
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Canadian GDP Falls in Line With Expectations Despite Boost in Auto Production
Canadian Economy |  Written by CEP News |  Apr 30 09 13:39 GMT | 
(CEP News) - Canada's economy contracted in line with expectations in February, with real gross domestic product (GDP) down 0.1% from January, Statistics Canada reported Thursday.
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Canadian Industrial Product Prices Climb, Raw Material Prices Shoot Higher
Canadian Economy |  Written by CEP News |  Apr 30 09 13:36 GMT | 
(CEP News) - Manufacturers' prices rose alongside a sharp jump in raw material prices in March, Statistics Canada reported Thursday.
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CA Preview: GDP Won't Look as Bad as Last Two Months (Repeat)
Canadian Economy |  Written by CEP News |  Apr 30 09 13:23 GMT | 
(CEP News) - Canadian GDP is expected to produce weak results again in February, although not as bad as January and December's results.
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Thursday's Events: U.S. PCE, Jobless Claims, ISM Chicago; Canadian GDP
Canadian Economy |  Written by CEP News |  Apr 30 09 12:21 GMT | 
(CEP News) - The U.S. Personal Consumption and Expenditure report, ISM Chicago PMI, jobless claims and Canadian GDP data all figure prominently among the day's most anticipated economic events.
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The Day Ahead North America: Canadian GDP, U.S. PCE Report
Canadian Economy |  Written by CEP News |  Apr 29 09 22:31 GMT | 
(CEP News) - Canadian GDP data and the U.S. personal consumption and expenditure (PCE) report are set to be released on Thursday.
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The Day Ahead Europe: Euro Zone CPI Estimate, German Jobless Rate
Canadian Economy |  Written by CEP News |  Apr 29 09 22:27 GMT | 
(CEP News) - Economists expect a brief uptick in euro zone inflation in April before price growth resumes its trend downward, while the German labour market likely deteriorated further in the month.
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The Day Ahead Asia Pacific: Japan Industrial Production, RBNZ Cash Rate
Canadian Economy |  Written by CEP News |  Apr 29 09 22:23 GMT | 
(CEP News) - Economists will closely watch Japan's industrial production report to see if the data can turn positive.
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CA Preview: GDP Won't Look as Bad as Last Two Months
Canadian Economy |  Written by CEP News |  Apr 29 09 20:57 GMT | 
(CEP News) - Canadian GDP is expected to produce weak results again in February, although not as bad as January and December's results.
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Canadian Gas Prices at the Pump Fall Slightly
Canadian Economy |  Written by CEP News |  Apr 29 09 16:42 GMT | 
(CEP News) - The average price of gas in Canada fell slightly in the week ending April 28, according to Calgary-based MJ Ervin & Associates.
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Canadian Restaurant and Bar Sales Higher in February
Canadian Economy |  Written by CEP News |  Apr 29 09 15:36 GMT | 
(CEP News) - The food services and drinking places industry in Canada saw current dollar sales rise in February, building on the partial recovery seen in January, Statistics Canada reported.
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Wednesday's Events: U.S. Advance Q1 GDP, FOMC Rate Decision
Canadian Economy |  Written by CEP News |  Apr 29 09 11:51 GMT | 
(CEP News) - U.S. advance first-quarter GDP and the FOMC rate decision figure most prominently on Wednesday's economic data menu along with the U.S. Treasury's refunding announcement.
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The Day Ahead North America: U.S. Q1 GDP, FOMC Meeting
Canadian Economy |  Written by CEP News |  Apr 28 09 22:55 GMT | 
(CEP News) - Wednesday will be an important day in U.S. markets with first-quarter GDP results due out and the Federal Open Market Committee meeting scheduled in the afternoon.
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The Day Ahead Europe: Euro Zone Economic Confidence
Canadian Economy |  Written by CEP News |  Apr 28 09 22:53 GMT | 
(CEP News) - Economists will be focusing on the upcoming European Commission (EC)'s economic sentiment survey for confirmation that the worst of the euro zone recession is over and that the rate of economic decline will slow in the second quarter.
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The Day Ahead Asia Pacific: New Zealand Trade Balance, Business Confidence
Canadian Economy |  Written by CEP News |  Apr 28 09 22:41 GMT | 
(CEP News) - A slew of data reports are scheduled for release in New Zealand during the Asia Pacific session.
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BOC's Carney Says Target Rate to Remain Low Through Mid-2010
Canadian Economy |  Written by CEP News |  Apr 28 09 20:50 GMT | 
(CEP News) - Bank of Canada Governor Mark Carney said Tuesday that the central bank has taken the proper steps to boost the economy and reach its 2.0% inflation target.
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Canadian Exports Expected to Fall 22% This Year, Says EDC
Canadian Economy |  Written by CEP News |  Apr 28 09 19:27 GMT | 
(CEP News) - Export Development Canada said Tuesday it expects Canada's exports to end the year down 22% before recovering in the second half of 2010.
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Number of Canadians Receiving Unemployment Benefits Surges 7.8% in February
Canadian Economy |  Written by CEP News |  Apr 28 09 15:58 GMT | 
(CEP News) - As Canadian labour market conditions continued to deteriorate in February, the number of Canadians receiving unemployment insurance benefits surged, Statistics Canada reported on Tuesday.
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Tuesday's Events: U.S. Consumer Confidence and House Prices; BOC & ECB-Speak
Canadian Economy |  Written by CEP News |  Apr 28 09 12:07 GMT | 
(CEP News) - Some U.S. house price data and consumer confidence figures top the day's main economic events on Tuesday, along with some central bank speakers from the Bank of Canada and European Central Bank.
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The Day Ahead North America: Markets to Watch Swine Flu Developments
Canadian Economy |  Written by CEP News |  Apr 27 09 23:15 GMT | 
(CEP News) - Market Participants will receive U.S. consumer confidence data on Tuesday, and will watch out for any updates on the swine flu outbreak that has infected at least 1,600 people -- killing over 100 in Mexico -- and has spread to the U.S., Canada and Spain.
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