Trading Economics » Canada
25 FOLLOWERS
We keep you posted on the Canadian economy. Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series, and news.
Trading Economics » Canada
6d ago
Thomson Reuters earnings meet market expectations at 1.11 USD Thomson Reuters (TRI) released earnings per share at 1.11 USD, compared to market expectations of USD ..read more
Trading Economics » Canada
1M ago
Canada Population Sees Record Growth in 2023 Canada's population grew by 1.3 million in 2023 reaching 40.8 million, with a record-breaking annual growth rate of 3.2%, primarily driven by immigration. However, new restrictions on temporary residents and international students are expected to slow this growth. While bolstering the economy, the rapid growth has strained infrastructure and housing, prompting anxiety over living standards and leading the government to scale back immigration ambitions ..read more
Trading Economics » Canada
2M ago
TD Bank earnings above expectations at 2 CAD TD Bank (TD) released earnings per share at 2 CAD, compared to market expectations of 1.94 CAD ..read more
Trading Economics » Canada
2M ago
Canada GDP Returns to Growth in Q4 The Canadian economy expanded by 0.2% in the fourth quarter of 2023, recovering from a revised 0.1% contraction in the previous period, helped by higher exports. The country's exports of goods and services rebounded by 1.4%, largely due to crude oil and crude bitumen sales (+6.2%). Meanwhile, imports of goods and services declined by 0.4%. Additionally, household spending edged up by 0.2%, accelerating from a 0.1% rise in Q3. However, business investment dropped for the sixth time over the last seven quarters. On an annual basis, real GDP grew 1.1%, the third ..read more
Trading Economics » Canada
2M ago
Manulife Financial earnings above expectations at 0.92 CAD Manulife Financial (MFC) released earnings per share at 0.92 CAD, compared to market expectations of 0.85 CAD ..read more
Trading Economics » Canada
2M ago
TransCanada earnings above expectations at 1.35 CAD TransCanada (TRP) released earnings per share at 1.35 CAD, compared to market expectations of 1.10 CAD ..read more
Trading Economics » Canada
3M ago
The total value of building permits in Canada plunged by 14% over a month to $9.2 billion in December 2023, the lowest since October 2020, following an upwardly revised 5% drop in November. It compares with market expectations of a 1.8% rise. The total value of residential permits slipped 17.9% to $5.7 billion in December, led by a 31.1% decline in multi-unit construction intentions, the largest monthly drop in the series. Ontario (-45.2%) recorded the steepest decrease. On the other hand, construction intentions in single-family dwellings edged up 0.8% to $2.9 billion, as gains in Alberta (+1 ..read more
Trading Economics » Canada
3M ago
Canadian National Railway earnings above expectations at 2.02 CAD Canadian National Railway (CNR) released earnings per share at 2.02 CAD, compared to market expectations of 1.97 CAD ..read more
Trading Economics » Canada
5M ago
Canada Private Sector Output Contracts Most Since 2020 The S&P Global Canada Composite PMI dropped to 44.8 in November 2023 from 46.7 in October, marking the most significant decline since June 2020. Both the manufacturing and services sectors experienced accelerated rates of contraction. Declines in new orders were observed, and there were signs of spare capacity, as backlogs of work decreased to the greatest extent in nearly three-and-a-half years. Private sector employment slightly decreased for the first time in three months, primarily driven by a contraction in the services sector, wh ..read more
Trading Economics » Canada
5M ago
Canada Service Sector Contracts for 6th Month The S&P Global Canada Services PMI fell to 44.5 in November 2023, down from 46.6 in the previous month, marking the sixth consecutive month of contraction and at the sharpest rate since June 2020. The lack of new work led to a reduction in outstanding workloads, impacting employment. Rising wages and overall operating expenses were observed, although inflation eased to its lowest since September 2021. Despite concerns about high interest rates and the possibility of a recession, service providers expressed some confidence in future improvements ..read more