Canada’s Economy Out Performing it’s Peers

Toronto Star

With Canada’s strong dollar and high priced real estate… See full story on this topic »

Can Canada’s economy keep up its solid pace of growth? – The Globe and Mail

Consumer spending also helped pump up the economy in the fourth quarter, according to the federal statistics gathering agency.

Can Canada’s economy keep up its solid pace of growth? – The Globe and Mail

Slow housing market drags economic indicators

Canadian Press- Canada’s economy will continue to churn out growth, but the pace is set to slow further as the housing market cools and the U.S. economy falters, according to a Statistics Canada report released Thursday.

The Statistics Canada leading economic indicator index— a monthly gauge of where the economy appears headed in the coming months — slowed to a 0.4 per cent increase in July, after a gain of 0.7 per cent in June.

That’s the smallest gain for the index recorded in more than a year.

A cooling housing market will slow Canada’s economy going forward, but the figures still signal continuing growth…

Slow housing market drags economic indicators -  Money – MSN CA

Home building still bright spot in Canada’s economy

Financial Post-Residential construction is a bright spot in the Canadian economy, according to a national survey that points to good short- and long-term prospects for housing starts in most parts of the country.

The outlook for short-term housing starts is positive in all but three of the 27 metropolitan areas surveyed by the Conference Board of Canada for its June monthly monitor, based on residential building permit data.

The long-term outlook, based on demographic requirements, isn’t quite as rosy, but it’s still positive, with 14 of the areas expected to post gains in housing starts.

All but six of the areas reported year-over-year growth in housing starts, with London, Ont., Edmonton, Trois-Rivieres, Que., Victoria and Abbotsford, B.C., showing the greatest increases from May of 2009…

Home building still bright spot in Canada’s economy

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