Economic News and Forecasts
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DHI Economic Briefing - Construction Activity Report 2018
Feb 25, 2019 | Economic News and ForecastsStatistics Canada has released reports on construction activity for December 2018 and GDP for November 2018. Growth in the construction sector has been driven by increases in non-residential construction, but the picture net of inflation isn't quite so rosy....
DHI Canada Economic Review and Forecast
Dec 13, 2018 | Economic News and ForecastsDHI Canada is pleased to present its economic review and forecast for 2018-19.
2017 GDP Figures Released
Apr 23, 2018 | Economic News and ForecastsStatistics Canada today released results for 2017 GDP. The economy grew in 2017 by 3.0% (the high end of our forecast from November 1), driven by household spending, business investment in non-residential structures and machinery and equipment, and exports of goods and services...
Bank of Canada Holds the Line on Interest Rates
Mar 7, 2018 | Economic News and ForecastsThe Bank of Canada today kept its target interest rate at 1.25% today. Analysts say this is due to a combination of international trade uncertainty and slowing growth in jobs and the economy. The international trade front is clouded by the Trump administration's recent announcement of higher tariffs...
Canadian Operating Profits Down in Q4 2017
Feb 23, 2018 | Economic News and ForecastsStatistics Canada reports that operating profits from Canadian corporations decreased by 1.9% in Q4 2017 compared to the prior quarter, and were 0.7% lower than Q4 2016. Total profits earned by Canadian corporations in the last quarter of 2017 were $98.6 billion...
Canadian Building Permit Activity - December 2017
Feb 9, 2018 | Economic News and ForecastsStatistics Canada released December 2017 building permit data this week. December 2017 saw a slight decrease in non-residential construction permits issued compared to November, but overall, December 2017 showed growth in permit activity over the same month in 2016...
Bank of Canada Raises Interest Rates
Jan 17, 2018 | Economic News and ForecastsAs predicted, the Bank of Canada raised its target interest rate by a quarter point to 1.25% today. The Bank cited a positive business outlook, recent strong jobs reports, inflation at or near the 2% target, and forecast economic growth of 2.2% in 2018 as reasons for the rate hike...
Interest Rates to Rise
Jan 9, 2018 | Economic News and ForecastsThe Bank of Canada is widely expected to increase its interest rate at its meeting January 17. The expectation is based on strong business sentiment as captured in the Bank's Business Outlook research and the most recent employment figures, which showed unemployment at its lowest level in about 40 years...
October 2017 GDP - Construction
Dec 22, 2017 | Economic News and ForecastsStatistics Canada reported GDP statistics for October 2017 today. Overall, GDP was unchanged from September 2017, although total construction activity declined by 0.1%, led by non-residential construction (down 0.3%). This is the first decline in total construction and non-residential construction...
Exports of Doors/Windows/Frames and Automatic Door Closures
Dec 11, 2017 | Economic News and ForecastsStatistics Canada reports exports of doors/windows/frames for Q3 2017 ($213 million) were slightly lower than in Q2 but well ahead of levels seen in Q1 2017 and Q4 2016 and that the vast majority of sales were to the US. Exports of automatic door closures in Q3 2017 ($406 thousand)...