Economic performance
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Inflation rate rises to highest level since 2003
The consumer price index in August rose 4.1 percent compared with a year ago
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Gains from higher salaries may get eaten up by inflation
Wages are expected to go up in Canada next year, but workers are unlikely to get a real pay raise as inflation risks eroding salary gains, according to a new survey and data released Wednesday
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Manufacturing sales fell 1.5 percent in July
Decline follows a 3.6 percent increase in June, Statistics Canada said
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Canada posted $778M trade surplus in July
Surplus fell to $778 million in July as imports rose more than exports for the month, Statistics Canada said
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Economists foresee modest damage to US economy from Ida
Hurricane Ida is sure to take a toll on the energy, chemical and shipping industries that have major hubs along the Gulf Coast
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Economy grew in second quarter
Canadian economy appears to have bounced back after its worst two-month stretch since the start of the pandemic, eking out a gain in June and growth in the second quarter of the year
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U.S. economic activity surpasses China
Tradeshift’s latest Index of Global Trade Health shows activity levels across U.S. supply chains rose by 2.4 percent quarter on quarter to overtake China compared to pre-pandemic levels
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How Malaysia, Indonesia, and Vietnam are poised for growth
Rising tiger cubs ready for manufacturing-led expansion
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OECD sees improved Canadian economic growth this year
Expects the Canadian economy to grow by 6.1 percent in 2021
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Canadian economy enters 2021 with double digit growth
Ended worst year on record on a strong note that has continued into the start of 2021
