Category: Business

Canada | Manufacturer sales rose 1.6% in July

(Ottawa) Manufacturing sales rose 1.6% to $71.9 billion in July, driven by higher sales of food, petroleum and coal products and transportation equipment, Statistics Canada said Friday. Published yesterday at 12:42 p.m. That increase followed a 2.0% decline in June,

Credit card debt hits record highs in Canada

The agency says total Canadian consumer debt reached $2.4 trillion in the second quarter. Rebecca Oakes, vice president of Advanced Analytics, explains that the growth in non-mortgage debt is largely driven by significant increases in credit card balances and a

Wholesale sales rose in Canada in July

(Ottawa) Wholesale sales, excluding petroleum, petroleum products and other hydrocarbons and oilseeds and cereal grains, rose 0.2% to $81.3 billion in July, Statistics Canada reported Thursday. Published at 12:05 p.m. The federal authority explained that the sub-sectors of motor vehicles