Statistics Canada is set to release the latest set of consumer price inflation data on Tuesday.
Manufacturing sales fell 0.8 per cent to $71.8 billion in June as the petroleum and coal product sector helped lead the way down, Statistics Canada said Monday.
The TSX Composite Index’s winning streak will be put to the test today as commodity prices come under the pressure in the wake of fresh evidence of China’s economic slowdown.
China’s economic slowdown deepened in July due to a worsening property slump and continued coronavirus lockdowns, with an unexpected cut in interest rates unlikely to turn things around while those twin drags remain.
Statistics Canada says investment in residential construction declined for the first time in nine months in June, as gains in the non-residential sector helped push overall construction investment up 0.3% to $20.8 billion.
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