Statistics Canada says manufacturing sales fell in February as the auto sector faced a shortage of microchips that forced some assembly plants to ramp down production or shut down.
In a report to clients Thursday, TD Senior Vice-President and Chief Economist Beata Caranci said that ultimately, rock-bottom interest rates are to blame and warned against any knee-jerk policy reaction.
The number of applications for U.S. state unemployment benefits plummeted last week to the lowest since the pandemic began, indicating the labor market continues to thaw as governments lift restrictions on business and activity picks up.
The S&P/TSX Composite’s star performer is losing three of its top executives in one fell swoop.
U.S. retail sales accelerated in March by the most in 10 months as business reopenings, increased hiring and a fresh round of stimulus checks emboldened shoppers.
{{ video.ContentPackages[0].ScheduleStartDateTime | fromNow }}
{{ currentStream.Desc }}