Featured Insights
December Delivers: Risks Loom, but Jobs Stay Strong
Canadian Economics January 10, 2025
Today’s Labour Force Survey (LFS) results for December complete a year in which Canada’s labour slackened amid weakening labour demand and strong labour force gains underpinned by surging international migration. Over 2024, the unemployment rate rose from 5.7 per cent in January to 6.7 per cent in December.
Quick take • 2-min read
Liam Daly
Trade Deficit Narrows to $323 Million in November
Canadian Economics January 7, 2025
Canada’s merchandise exports were up 2.2 per cent in November mainly due to higher exports of consumer goods. Meanwhile, total imports rose 1.8 per cent on the back of increased imports of consumer goods, and industrial chemical, plastic and rubber products. As a result, Canada’s merchandise trade deficit narrowed to $323 million in November.
Quick take • 2-min read
David Ristovski
Index of Consumer Confidence for December 2024: A Rising Tide of Pessimism
Canadian Economics December 19, 2024
The sharp decline in consumer confidence this month follows the decrease that began last month, marking a significant drop after several months of improvement as interest rates fell. This month’s weakness is broad-based, as the balance of opinion deteriorated.
Quick take • 3-min read
Loubna Zebiri
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