Canada Chart Pack Economy likely grew by 2% in fourth quarter Following the rebound in third-quarter GDP, with growth of 3.5% annualised, we estimate that fourth-quarter GDP grew by a more modest 2.0%. Stronger growth in consumption and, to a lesser extent... 10th January 2012 · 1 min read
Canada Chart Pack Domestic demand growth continues to slow After unexpectedly contracting in the second quarter, the economy rebounded in the third quarter, with GDP growth of 3.5% annualised, thanks largely to a big boost from external trade. But given the... 7th December 2011 · 1 min read
Canada Chart Pack Economy avoids recession this year Third-quarter GDP growth appears to have picked up to about 3.0% annualised, in part due to the rebound in industrial production, which has fully recovered from the temporary supply disruptions and... 16th November 2011 · 1 min read
Canada Chart Pack Commodity price plunge threatens economic recovery Renewed concerns over Europe's fiscal crisis and the struggling US economy have triggered a sharp decline in commodity prices. Since peaking in April this year, the Bank of Canada's composite... 5th October 2011 · 1 min read
Canada Chart Pack Is the squeeze on real household income over? Real personal disposable income growth slowed to a snail pace during the first half of this year, depressing consumer spending in the process. Compared to a year ago, second-quarter real income... 13th September 2011 · 1 min read
Canada Chart Pack Financial turmoil may undermine economic recovery Should the global economy slow more sharply than even our distinctly bearish global forecasts, then we think equity prices in Canada could slide much further into red territory, as would commodity... 11th August 2011 · 1 min read
Canada Chart Pack Housing starts may have peaked this year Housing starts reached an annualised 197,000 units in June, up from a revised 194,000 in the month before. Housing starts this high are arguably well above estimates of demographic requirements, which... 14th July 2011 · 1 min read
Canada Chart Pack Export recovery lacks volume Canada's gradual export recovery, particularly in terms of volumes, reflects the fragile US economic turnaround and the runaway Canadian dollar; which has been pushed up in the wake of the commodities... 6th June 2011 · 1 min read
Canada Chart Pack Canada's 'V' shape housing recovery Housing investment has rebounded close to historical highs, since the sharp declines during the global financial crisis. Unlike in other countries, this 'V' shape recovery was due to a stable banking... 4th May 2011 · 1 min read
Canada Chart Pack Labour market slack remains high Despite recent signs of a pick up, the economy is still not growing rapidly enough to drive the unemployment significantly lower. In addition, average hours worked remains well below normal levels... 8th April 2011 · 1 min read
Canada Chart Pack Leading indicator points to modest GDP growth Canadian economic growth improved to 3.3% annualised in Q4 from 1.8% in Q3. The composite leading indicator points to more modest growth of around 2% annualised over the first-half of this year. Over... 2nd March 2011 · 1 min read
Canada Chart Pack Food prices will push headline inflation higher We estimate that surging agricultural commodity prices will drive consumer food inflation to around 5% later this year, from just under 2%, which would add around 0.8 percentage points to headline CPI... 31st January 2011 · 1 min read
Canada Chart Pack Economic growth to remain muted Our calculations indicate that real GDP did at least expand in October, albeit by a lacklustre 0.1% m/m. That should ease fears of a double-dip recession, after the unexpected contraction in September... 22nd December 2010 · 1 min read
Canada Chart Pack US demand dampens Q3 GDP growth (Canada) Recent export and manufacturing data provide further evidence that real GDP growth slowed further in the third quarter, possibly to as weak as 1% annualised. With little evidence pointing to much... 25th November 2010 · 1 min read
