Statistics Canada says the pace of economic growth slowed in first quarter
Economy grew at annualized pace of 1.3 per cent in Q1 2018, compared to 1.7 per cent in Q4 2017.
IMF warns about housing and household debt, urges more action by government
Further tightening of macroprudential and tax-based measures to mitigate speculative and investment activity should be considered.
Ontario plans to spend $900M on social housing retrofits
Will cover energy-efficient windows, insulation, lighting and equipment.
Canada’s wood sector on the rise
US housing recovery and lower loonie are leading growth, report says.
Non-permanent residents a major economic force: CIBC
Important and younger demographic influencing housing and consumer spending.
Strong US recovery best for ailing Canadian economy
Analysts say a 4% bounce-back in the US in Q2 is much better than expected.
Canadian housing market not a bubble: Poloz
Bank of Canada governor predicts a soft landing.
Industry profits edge up in April: Conference Board
Oil extraction prices rally thanks to a cold winter and lower US inventories
Forest products CEO collaborate for profit: PWC
Focusing on non-traditional business models for sustainability and growth: PWC.
Economy rallies in North America despite turbulence
BMO Harris Private Banking looks for a boost from housing.
Economic momentum softer than anticipated: BoC’s Macklem
Cautions Canadian’s indebtness and housing’s rising share of the economy are unsustainable.
Canadian economy to pick up speed in 2013: RBC
Resources rule, Alberta and Saskatchewan to lead.
Exports to grow 5% this year and 6% more in 2013: EDC
A 97-cent loonie in 2013 offers exporters a bit of a reprieve.
Canfor reopens mill in Radium Hot Springs
$38.5M upgrade to sawmill and new planer mill.
Manufacturing to boost growth in Ontario, Quebec cities
Conference Board of Canada says strong energy sector makes Calgary and Edmonton fastest growing cities.
Ottawa may extend forest products programs
Ottawa may extend programs designed to help the forest products industry innovate and adjust to challenges that have eliminated thousands of jobs.
Canfor shutters two BC sawmills
Canfor Corp. has decided to close two BC sawmills, idled following the collapse of the US residential housing market in 2008, but it is investing $300 million in other facilities.
Fears of North American recession recede
Canada’s factories were humming in August, and US consumers were buying last month, strong indicators the North American recovery is alive and kicking.