Canadian Real GDP Growth - November 2022
Posted on Jan 31, 2023 in Economics
Canadian Monthly Real GDP Growth
The Canadian economy grew 0.1 percent in November, matching the rate of growth in October. In contrast to the pandemic economy of the previous two years, the services sector is now leading the economy while goods-producing sectors struggle. Overall, growth was fairly broad-based with 14 of 20 Canadian industrial sec...
Vancouver Bucket List - February 2023
Posted on Jan 26, 2023 in Community
Vancouver Bucket List brings you a selection of the best upcoming events in Vancouver for next month.
Check out the events below and let us know in the comments which you'll be attending, or if there's anything that we've missed that should be included.
Check out the events below and let us know in the comments which you'll be attending, or if there's anything that we've missed that should be included.
2023 Stride Burnaby Arts Festival
February 3, 2023 - February 12, 2023
The Heights, Confederation P...
Bank of Canada Interest Rate Releases an Announcement
Posted on Jan 25, 2023 in Economics
Bank of Canada Interest Rate Announcement
The Bank of Canada raised its overnight policy rate by 25 basis points to 4.5 percent this morning. In the statement accompanying the decision, the Bank noted that recent economic growth in Canada has been stronger than expected and labor markets remain tight but it sees growing evidence that monetary polic...
Canadian Inflation Pressures Ease in December
Posted on Jan 23, 2023 in Market Update
Good News on the Inflation Front in December
The Consumer Price Index (CPI) rose 6.3% year over year in December, down from the 6.8% pace in November. Much of the decline was owing to the drop in gasoline prices. Additional deceleration came from homeowners' replacement costs, fuel oil and other owned accommodation expenses, and various durable good...
Canadian Reatail Sales Dropped
Posted on Jan 20, 2023 in Market Update
Canadian Retail Sales (November 2022)
Canadian seasonally-adjusted retail sales fell 0.1 percent in November to $61.8 billion. Sales fell in 6 of 11 subsectors but were led by lower sales at food and beverage stores (-1.6 percent) and building material and garden equipment and supplies dealers (-3.8 percent). Core retail sales, which strips out gaso...
Canadian Inflation Continues
Posted on Jan 17, 2023 in Market Update
Canadian Inflation (December 2022)
Canadian prices, as measured by the Consumer Price Index (CPI), rose 6.3 percent on a year-over-year basis in December, a decrease from the 6.8 percent rate in November. Falling gasoline (-13.1 percent month on month) and fuel oil prices drove the decline while softening costs for durable goods such as furniture an...
