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Canada and US International Trade: December 2014
Canada’s imports increased by 2.3 per cent in December and exports rose 1.5 per cent, according to Statistics Canada Thursday. As a result, Canada’s merchandise trade deficit with the world widened from $335 million in November to $649 million in December. Meanwhile, the US goods and services deficit was US$46.6 billion in December, up from…
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Producer Price Index Canada, ISM Index US
Canada’s Industrial Product Price Index decreased 1.6 per cent in December, Statistics Canada said Tuesday. The Raw Materials Price Index declined 7.6 per cent in December, mainly due to lower prices for crude energy products. Meanwhile the US ISM Non-manufacturing index in January was at 56.7 per cent, up from 56.5 per cent in December,…
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Canada Wholesale Trade : Nov 2014
Canada’s wholesale sales declined 0.3 per cent to $54.0 billion in November, following two consecutive monthly gains. Decreases were recorded in three of seven subsectors, led by the machinery, equipment and supplies subsector, and were partially offset by higher sales in the motor vehicle and parts subsector. In volume terms, wholesale sales were down 0.3…
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Canada Industrial product and raw materials price indexes: Nov 2014
The Industrial Product Price Index (IPPI) decreased 0.4 per cent in November, mainly because of lower prices for energy and petroleum products. The Raw Materials Price Index (RMPI) declined 5.8 per cent in November, largely as a result of lower prices for crude energy products. The IPPI, down 0.4 per cent, declined for the third…
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Export Development Canada: Fall 2014 Forecast
A low Canadian dollar and surging U.S. economy will drive growth in Ontario’s key export sectors for the rest of this year and into 2015, according to the latest forecast by Export Development Canada. Shipments of industrial machinery, chemicals and plastics, in particular, are set to rise as demand in the world’s biggest economy —…
