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The New Housing Price Index (NHPI) for Canada remained unchanged in August 2024, as reported by Statistics Canada. The index measures changes over time in the selling prices of new residential houses. Prices were stable in 13 of the 27 census metropolitan areas (CMAs) surveyed. Increases were noted in 8
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In July 2024, the number of Canadians receiving regular Employment Insurance (EI) benefits increased by 2.2% from the previous month, totaling 489,000 beneficiaries. This marks the third consecutive monthly increase. Year-over-year, the number of regular EI beneficiaries rose by 10.0%, an increase of 44,000 individuals. In
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The Consumer Price Index (CPI) for August 2024 has been reported by Statistics Canada. The CPI rose by 2.0% on a year-over-year basis, marking the slowest increase since February 2021, down from a 2.5% gain in July 2024. Key points include: * The deceleration in inflation was influenced by
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Job vacancies in Canada decreased by 59,000, or 9.2%, in the second quarter of 2024, totaling 582,600. This marks the eighth consecutive quarterly decline since the record high of 983,600 in the second quarter of 2022. The decline in job vacancies was approximately double that of
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Life satisfaction among Canadians has been declining, according to a study released by Statistics Canada. The report uses data from the Canadian Social Survey (CSS) collected from April 2021 to March 2024. Key findings from the study include: * Life Satisfaction: In 2024, only 48.6% of Canadians aged 15 years
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Monthly provincial prices received by farmers in July for various agricultural products have been reported. The following details summarize the changes in prices: * Durum Wheat: Prices fell for the 10th consecutive month in Alberta (-11.7%) and Saskatchewan (-9.5%). Year-over-year, Alberta saw a decrease of 17.4% and Saskatchewan
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The Electric Power Selling Price Index for July 2024 has been released by Statistics Canada. This index measures the price variations in electricity sales by distributors to commercial and industrial users across Canada, including regional and provincial data. Key points from the release include: * The index is based on a
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The Farm Product Price Index (FPPI) for June 2024 has been reported at 187.1, reflecting a decrease of 1.2% from the previous month. Year-over-year, the FPPI fell by 1.3%, marking the sixth consecutive month of decline and the smallest decrease since the beginning of 2024. Key Details:
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The Labour Force Survey for August 2024, released on September 6, 2024, indicates the following key findings regarding employment and unemployment across Canada: * Total Employment: The total number of employed individuals in Canada reached 20,536,000, reflecting a slight increase of 0.1% from the previous month. * Employment Rate:
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Labour productivity in Canada experienced a decline of 0.2% in the second quarter of 2024, following a similar decrease of 0.3% in the previous quarter. This decline contrasts with a 0.3% increase noted in the fourth quarter of 2023. In the same period, business output and hours
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In June 2024, payroll employment in Canada decreased by 47,300 jobs, a 0.3% decline from the previous month. This decrease follows five consecutive months of increases from January to May, which saw a cumulative gain of 147,600 jobs, or 0.8%. Year-over-year, payroll employment increased by 110,