Statistics Canada says manufacturing sales fell 1.7 per cent to $71.5 billion in June, led by a drop in sales in the petroleum and coal product, chemical and machinery subsectors.
Canadian spending habits showing early signs of slowing, RBC report findsYoung Canadians flocking to First Home Savings Accounts, banks sayMajority of parents worry about their kid's financial future: SurveyWhat to consider before budgeting with the cash-stuffing methodWonderFi interim CEO on possible changes now that crypto merger is
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Canada inflation: Food, energy likely pushed up prices in July, say economistsAccording to Statistics Canada, CPI rose 2.8% year-over-year in June, following a 3.4% increase in May.
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South Africa's mining sector expands 1.1% in June y-o-y; mineral sales down 14.3%A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
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As inflation jumps to 3.3 per cent in July, economists say uptick is bad news for BoCCanada's annual inflation rate rose to 3.3 per cent in July, as economists warn the latest consumer price index report spells bad news for the Bank of Canada. The uptick in price growth comes after inflation tumbled to 2.8 per cent in June, falling within the Bank of Canada's target range.
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ANALYSIS | Conflicting economic signals as Canada awaits inflation and home sales data | CBC NewsNew inflation and house price data out this week could be a crucial sign of whether the Bank of Canada will give borrowers a break from constantly rising interest rates. But they could also signal troubling economic weakness as the world puts on the brakes.
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Peter MacKay: The urgent need to fix Canada's military — and how to do itAdvice from a former defence minister to one just starting
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