Canada Economy

Canada will be releasing the monthly GDP numbers today. Forecasts show that on a month over month basis, the GDP will rise by 0.2% on the month. This comes after the previous month in July saw a flat print or stagnant growth. But the…
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Statistics Canada will be releasing the monthly retail sales report. This will be one of the last few economic reports that will feed into the Q3 GDP. Canada will be officially releasing the final third-quarter GDP estimate in a week’s…
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Overnight and tomorrow we have a set of data releases that could directly affect the price movement of major currencies. The NZ inflation data is especially interesting since it's only published once per quarter. And investors are really…
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Statistics Canada will be releasing the high impact jobs report for September. Economists are forecasting that Canada’s unemployment rate will hold steady at 5.7% in September. The unemployment rate rose to 5.7% in July from 5.5%. Since…
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Canada’s monthly retail sales report for July will be coming out later today. According to the economists polled, Canada’s retail sales are forecast to rise by 0.8% on the month. Meanwhile, core retail sales, excluding autos are to rise…
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Tomorrow is a pretty busy day on the economic calendar! Key data is coming out both in Europe and the Americas. Here we'll be focusing on inflation data from the UK and Canada. As most central banks around the world are heading…
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The Bank of Canada will kick off the new month with its monetary policy meeting today, and investors remain somewhat divided on the outcome. The BoC will be holding rates steady at today's meeting. But the central bank is still not out…
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Canada will be releasing the GDP report for June alongside the full and final second quarter GDP data. Based on recent data, it is widely expected that Canada's second quarter GDP will rise by 2.7% - 2.8% during the quarter. This beats…
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The monthly manufacturing sales report from Canada is due for release today. According to economists polled, manufacturing sales numbers are forecast to rise 2.0% on the month in June. This follows a 1.6% increase in May.…
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It has been an eventful week for Canada, and Friday is not going to be an exception! There is a host of data coming out, but the most important will be the employment figures. With the BOC being the odd one out when it comes to easing…
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