This was the fourth consecutive decline in Canadian productivity and the 10th contraction in the past 11 quarters. Remembering a Bay Street legend: Paul Sandhu.The level of tracking depend on how effecting their tracking strategy is, but you should easily access in-transit status as well as delivery information. Canadian stock market is performing better than you think Whether the shipment is being sent by DHL, EMS, ChinaPost, Singapore post or any other courier service that provides shipment tracking or use third party trackers.Woe Canada - latest job numbers are a mirage, not a miracle.As in the U.S., companies have overhired relative to their output schedules and order books, but CEOs don’t seem to care, nor do their shareholders. This came out loud and clear in the first-quarter productivity data, as real business output per hour worked contracted 0.6 per cent - a tad worse than expected. The verbiage of “excess demand in the economy looks to be more persistent than anticipated” was just the cherry on the cake.Īs we have repeatedly said, Canada has been very adept at providing a false glow by publishing decent gross domestic product (GDP) data, but not telling the world that its economy is in secular decline when it comes to per capita GDP, or GDI. Tack on this - “monetary policy was not sufficiently restrictive to bring supply and demand back into balance and return inflation sustainably to the two per cent target” - and you can see why the markets think the central bank has at least one more bullet in the chamber. ![]() The commentary on stubbornly high inflation was ubiquitous in the statement (“underlying inflation remains stubbornly high”), and the coup de grâce from a forward-looking perspective was “CPI inflation could get stuck materially above the two per cent target.” ![]() There was an emphasis on how interest-sensitive spending - especially the recent sharp rebound in the housing market - has been resilient in the face of higher borrowing costs. In its press statement, the Bank of Canada made a big deal of how the economy is doing just fine, even after accounting for population growth. This advertisement has not loaded yet, but your article continues below.
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