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Conference Board of Canada 2016 Growth Forecast
A new Conference Board of Canada report has downgraded its projections for Canada’s economic growth in 2016 from 1.6 per cent to 1.4 per cent, despite a strong start to the year. The wildfires that damaged much of Fort McMurray, AB, and the surrounding areas, a weakening global economy, and the ongoing and significant deterioration…
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Export Development Canada Reduces Forecast
Export Development Canada has slashed its forecast of goods exports this year to 2 per cent, down from a previous estimate of 7 per cent. While natural resources continue to struggle under lower prices and sluggish demand, double-digit growth in consumer goods, automotive, and aerospace sec– tors will drive Canada’s overall exports to grow by…
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Canada Trade Outlook: Conference Board
Canada’s exporters are entering a new era of lower commodity prices and strong demand from a rebounding US economy, but many are not prepared to take ad- vantage of this major shift in trade patterns, says a new report by the Conference Board of Canada study, published Thursday. Among Canadian industries best positioned to capitalize…
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Forest Products Association of Canada Urges
The Forest Products Association of Canada announced Thursday it urges the federal government to ratify the Trans Pacific Partnership as soon as possible. Please refer to the October 23, 2015 issue of your Madison’s Lumber Reporter for details of Japan’s expectation of wood products imports from Canada under the TPP. FPAC Supports TPP “The…
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Canada Wholesale Trade: October 2015
Canadian wholesale sales edged down 0.1 per cent to $55.2 billion in September, according to Statistics Canada Thursday. Declines in the motor vehicle and parts and the building material and supplies subsectors were partially offset by higher sales in the machinery, equipment and supplies and the food, beverage and tobacco subsectors. Excluding the motor vehicle…
