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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…
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Commodities 2016 and Beyond
This week Manulife Financial, Canada’s largest life insurer, announced it is looking to add more commodities to its investment mix after prices plunged for metals including zinc and copper. As well, the Financial Times forecast the end of this commodities price slump. Global Commodities Outlook Commodities Price Cycle Not Yet Hit Bottom Manulife wants to…
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US GDP, Economy 3Q 2015
The US economy grew at an annualized rate of 1.5 per cent in the 3Q of the year, the Commerce Department said Thursday, matching the estimates of economists surveyed by The Wall Street Journal. That was off from 2Q’s torrid 3.9 per cent growth rate. Compared with the same quarter a year ago, the economy…
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Trade Deals: North America and International
Just as the 2006 Canada-US Softwood Lumber Agreement is expiring, leaving a one-year stand-still period before either country can embark on any kind of trade action against the other, the Trans-Pacific Partnership is signed between twelve Asian and North American countries, including Canada and the US. That agreement now has to be passed domestically by…
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Trade Deals: North America and International
Just as the 2006 Canada-US Softwood Lumber Agreement is expiring, leaving a one-year stand-still period before either country can embark on any kind of trade action against the other, the Trans-Pacific Partnership is signed between twelve Asian and North American countries, including Canada and the US. That agreement now has to be passed domestically by…
