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Industrial Product & Material Prices, Canada: June 2016
Canada’s Industrial Product Price Index rose 0.6 per cent in June, mainly due to higher prices for energy and petroleum products. The Raw Materials Price Index increased 1.8 per cent, according to Statistics Canada Friday. Producer Price Index, Canada The Industrial Product Price Index (IPPI) rose 0.6 per cent in June, mainly due to higher…
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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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Canada Industrial Product Prices and US Manufacturing Index: Dec 2015 and Jan 2016
Canada’s Industrial Product Price Index (IPPI) declined 0.2 per cent in December, said Statistics Canada January 29. The Raw Materials Price Index (RMPI) fell 5.0 per cent. The IPPI (-0.2 per cent) fell for the fifth consecutive month in December and has declined 1.7 per cent since July 2015. The main reason for the decline…
