Statistics Canada »

  • H.S. Borji

    Canadian employment was little changed in November as the unemployment rate unexpectedly rose, a sign the labour market was still only making incremental progress following a long period of instability. Overall employment in Canada declined 10,700 in November, following a gain of 43,100 the previous month, Statistics Canada reported today in Ottawa. The figure was

  • H.S. Borji

    Canada’s manufacturing industry remained elevated in November, as exports rose at the fastest pace in more than a year, suggesting Canadian factories were still benefiting from a stronger recovery south of the border. The Royal Bank of Canada’s gauge of Canadian manufacturing activity reached 55.3 in November, unchanged from the previous month. A reading above

  • H.S. Borji

    Canadian retail sales rebounded faster than forecast in September, largely as a result of higher motor vehicle and parts sales, a sign the consumer spending was back on track after two consecutive months of decline. Retail revenues increased 0.8 percent to $42.8 billion in September, following a 0.2 percent drop in September, Statistics Canada reported

  • H.S. Borji

    The Canadian dollar retraced some of last week’s gains on Monday despite weaker than forecast US services data, as investors looked ahead to retail sales and GDP figures. The loonie, as the Canadian currency is known, declined 0.3 percent to 88.71 US. The USDCAD was trading at 1.1272. The pair was likely to test the

  • H.S. Borji

    Canadian wholesale sales rebounded unexpectedly in August, as gains in machinery, wood and minerals more than offset declines in motor vehicles and other subsectors. Wholesale sales increased 0.2 percent in August to CAD $54.1 billion, following a drop of 0.2 percent the previous month that was initially reported as 0.3 percent decline, Statistics Canada reported

  • H.S. Borji

    Canada’s labour market rebounded sharply in September, as employment rose at the fastest clip of the year and the unemployment rate fell to its lowest level since December 2008, offering hope the labour market was beginning to gather momentum at the end of the third quarter. Overall employment in Canada increased 74,100 in September, following

  • H.S. Borji

    The Canadian dollar rebounded from a six-month low against its US counterpart Monday amid signs the Canadian economy was improving at the end of the third quarter. The loonie, as the Canadian currency is known, advanced more than half a percent to 0.8937 US. The loonie had fallen below 89 US cents on Friday after

  • H.S. Borji

    Canadian wholesale sales declined unexpectedly in July, a sign the economy was off to a weak start in the third quarter following a stronger than forecast April-June period. Wholesale sales decreased 0.3 percent in July to CAD $52.894 billion, following an upwardly revised gain of 0.9 percent in June that was originally reported as 0.6

  • H.S. Borji

    The Canadian dollar climbed for the fourth time in five days against its US counterpart, as core Canadian inflation rose faster than forecast in August, while a dearth of economic data in the United States kept speculation to a minimum. The loonie, as the Canadian currency is called, climbed to an intraday high of 0.9181

  • H.S. Borji
    Forex » Canadian Dollar: Post-Labour Day Outlook
    H.S. Borji - September 1, 2014, 17:30 GMT

    The Canadian dollar traded higher against its US counterpart on Labour Day, extending last week’s impressive rally that resulted from a high profile corporate merger and stronger than forecast GDP figures. The loonie, as the Canadian currency is called, climbed to a daily high of 0.9212 US. It would subsequently consolidate at 0.9204 US, advancing

Page 1 of 91234567...Last »