Canadian Economic Outlook
March 10, 2014
What happens when we introduce imports into the discussion? Table 4 unlocks that door.
March 7, 2014
I’ve often mentioned that when export sales exceed import purchases, it’s a bonus for a regional economy.
March 4, 2014
The Parti Quebecois (PQ) has often been a standard bearer for the environmental movement.
March 3, 2014
The 2014 housing start kickoffs in both Canada and the U.S. fell short of the end zone.
February 27, 2014
The latest employment numbers suggest that following a December freeze marked by a 45,000 drop in total employment, Canada’s labour market thawed somewhat in January.
February 27, 2014
The world owes a debt of gratitude to John Boehner. The Republican Speaker of the House allowed a free vote in his chamber on raising the U.S. debt ceiling. Enough of his party joined the Democrats for a motion to pass allowing more government spending until March 2015.
February 26, 2014
Federal Finance Minister, Jim Flaherty, presented the Conservative government’s budget on Tuesday, Feb. 11, 2014.
February 25, 2014
Sometime this summer, U.S. total employment will finally return to its pre-recession peak level of January 2008. The shortfall is currently 870,000 jobs. Private service-sector employment has already far surpassed its prior record and many sub-sectors are also doing quite well.
February 21, 2014
U.S. net job creation in January was 113,000, according to the Bureau of Labor Statistics (BLS), marking the second month in a row of restrained increase. December’s number was +78,000.
February 20, 2014
Who said the following? “First-class jobs gravitate to first-class infrastructure.”
February 19, 2014
No, in the title to this article, I’m not swearing, although if you were ever a fan of the television show, Battlestar Galactica, you might think otherwise.
February 14, 2014
In December of last year, stock market investors were spoiled. The three major U.S. indices advanced right through the final day of the year.
February 13, 2014
A year ago, in the Economic Snapshot titled “Alberta has enough oil for now but too much without Keystone”, we expressed concern that failure to approve the pipeline would exert a drag on the province’s economy in 2013 and possibly in 2014.
February 12, 2014
We’re approaching the time of year when many people become excited about baseball spring training.
February 11, 2014
Has that become the best way to describe the U.S. and world economies?
February 6, 2014
U.S. new home starts in December 2013 were just shy of one million units, seasonally adjusted and annualized (SAAR), according to the latest joint press release from the Census Bureau and Department of Housing and Urban Development (HUD).
February 5, 2014
Retail sales in Canada, seasonally adjusted in current (i.e., not scaled down for inflation) dollars, were +0.6% month-to-month and +3.1% year-over-year in November 2013 (the latest reported period), according to Statistics Canada.
February 4, 2014
Table 3 shows the actual hourly rates, including supplements, currently in place for nine key trades in representative cities across Canada. (On account of space limitations, I’ve had to leave out some other important trades such as painters, roofers and heavy equipment operators.)
February 3, 2014
I’m often asked how to access hourly labour rates for construction trades in Canada.
January 30, 2014
Following a 3% quarter-to-quarter increase in the second quarter of 2013 which was driven in large part by a post-Quebec construction strike rebound in commercial and institutional building, the volume of non-residential building construction rose by a further 2.7% quarter-to-quarter in the final quarter of the year.
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