Business Confidence Still Searching for Rhythm

Canadian Economics    November 7, 2024

The Index of Business Confidence has yet to experience a significant bounce back after declining for nine consecutive quarters between 2021 and 2023. In October, the Index decreased by 2.4 points, reversing a 2.1-point increase seen in July. More than 30 per cent of survey respondents pointed to seven key factors that are adversely affecting their planned investment expenditures.

Quick take  •  3-min read
Jake Lenarduzzi

Trade Deficit Narrows to $1.3 Billion in September

Canadian Economics    November 5, 2024

Canada’s merchandise exports were down 0.1 per cent in September mainly due to lower exports of metal and non-metallic mineral products, while total imports fell 0.4 per cent on the back of lower imports of metal and non-metallic mineral products. As a result, Canada’s merchandise trade deficit narrowed to $1.3 billion in September.

Quick take  •  3-min read
David Ristovski

Economic Growth Remains Sluggish

Canadian Economics    October 31, 2024

Today’s release of GDP estimates continue to highlight that Canada’s economy is moving towards a soft landing as interest rates continue to fall. The economy continues to grow, although only modestly, with the release suggesting GDP was up 1 per cent in the third quarter.

Quick take  •  3-min read
Viktor Cicman

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