Canada Long-term Environmental and Economic Sustainability

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  • #22492
    Helmholtz Watson
    Participant

    Canada’s recent election highlighted challenges with income inequality…

    [article]1771[/article]

    #22543
    Truman
    Participant

    Canada September manufacturing sales -0.2% v -0.5% expected Prior +0.8%

    Sales down in 10 of 21 industries
    inventories -0.8%
    Unfilled orders -0.6%
    New orders -2.7% v +6.6% prior ( aerospace big hit)

    Soft sales in petroleum and coal product (-1.9%) + motor vehicle parts (-4.3%) industries
    Sales in machinery (+5.5%) and motor vehicles (+2.9%)

    #22804
    Truman
    Participant

    Canada October GDP -0.1% v 0.0% expected, Prior +0.1%

    Fist decline in 8 months

    Goods-producing -0.5%
    Service providing unchanged

    13 of 20 sectors lower

    Manufacturing -1.4% (fourth decline in 5 months)
    Retail trade -1.1% — largest decline since March 2016
    GDP +1.2% y/y vs +1.4% expected
    Prior y/y reading +1.6% (revised to +1.5%)

    Leading Economic Index in Canada averaged 0.20 percent from 1997 until 2019, reaching an all time high of 1.20 percent in September of 2003 and a record low of -1.40 percent in December of 2008. source: Statistics Canada

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