Tel. 905-336-5997
  • Canadian manufacturing sales fell 1.5% in September, while retail sales slid 0.5%. This suggests that momentum in the Canadian economy is slowing and the handoff to the fourth quarter will be soft.
  • Existing home sales rose 1.8% in October, bringing sales back to the peak reached earlier this year. The story is quite regional, with Ontario and B.C. leading the way.
  • Headline inflation remained at 1.0% y/y in October, while core inflation was unchanged at 2.1% y/y.

Source: TD Ecomomics