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Canada Data

Canada June Retail Sales Edge Up 0.1% to C$35.93 Billion

By Courtney Tower

OTTTAWA (MNI) - Canadian consumers bought more retail goods in June but prices were down, so that overall sales edged up a slight 0.1% largely on a 2.1% rise at motor wehicle and parts dealers. Excluding these dealers, retail sales in Canada dropped 0.5% to C$28.15 million from $28.28 million in May.

The Statistics Canada report Tuesday on retail sales was below the total 0.3% sales increase for June and the 0.1% rise excluding autos that had been expected by a consensus of analysts.

Canada May Trade Deficit -$503 MN vs April -$330 MN Revised

By Courtney Tower

OTTAWA (MNI) - Canada's exports broke into positive territory in May, rising 5.2% after two months of decline, but imports rose 5.7% and left Canada with its fifth consecutive monthly trade deficit.

Canada June Jobs +93,200; Jobless Rate -0.2% to 7.9%

By Courtney Tower

Ottawa (MNI) - Canadian employment soared by 93,000 jobs in June, far above all predictions, and reduced the annual unemployment rate by 0.2% to 7.9%, Statistics Canada reported Friday.

In the sixth consecutive month of job increases, full-time work in June increased by 48,900 jobs and part-time by 44,200.

Canada April GDP UNCH vs +0.6% in March; +3.3% yr/yr

By Courtney Tower

OTTAWA (MNI) - Canada's consumers slowed down their buying sharply in April, especially in taking on new cars, as overall production of goods and services flattened to remain unchanged over March, Statistics Canada reported Wednesday.

The economy had grown by 0.6% in March, its seventh consecutive month of GDP increase, and first quarter growth annualized was a strong 6.1% following a 4.9% recovery in the last quarter of last year.

Canada April Retail Sales Down 2.0% to C$36.2 Billion

By Courtney Tower

OTTTAWA (MNI) - Canadian consumers drew back sharply in April on purchasing motor vehicles and most other retail goods, with a decline of 2.0% in sales that nearly reversed a 2.2% increase in March.

Retail sales decreased in 10 of 11 sectors and in all 10 provinces, declining to C$36.2 billion in April from $36.9 billion in March, Statistics Canada reported Wednesday.

Canada May CPI 0.3% NSA; +1.4% Yr/Yr

By Courtney Tower

OTTAWA (MNI) - Annual inflation dropped to 1.4% in May from 1.8% in April while core inflation edged down slightly to 1.8% from 1.9% the previous month, Statistics Canada reported Tuesday.

Canada May CPI 0.3% NSA; +1.4% Yr/Yr

By Courtney Tower

OTTAWA (MNI) - Annual inflation dropped to 1.4% in May from 1.8% in April while core inflation edged down slightly to 1.8% from 1.9% the previous month, Statistics Canada reported Friday.

BOC Gov Carney: Aftershocks Of Fin Crisis To Last For Years

By Courtney Tower

OTTAWA (MNI) - Bank of Canada Governor Mark Carney today cast a troubled eye over world trading, seeing increasingly uneven recovery ahead between emerging and advanced economies and financial crisis aftershocks that will last for years.