Month: August 2018
August 30, 2018
Category: About Sherry Articles Media Reporting on Sherry
Q2 Canadian Growth Rebounded to 2.9%
This morning, Stats Canada released the second quarter GDP figures indicating a sharp rebound in growth to its most robust pace in a year. Real gross domestic product growth accelerated to 2.9% (all figures quoted in annual rates), up sharply from the 1.4% pace in Q1. The Q2 result is only slightly above the Bank…
August 10, 2018
Category: About Sherry Articles Media Reporting on Sherry
Canada’s Jobless Rate Returned to a Four-Decade Low in July
Statistics Canada announced this morning that employment increased in July and the jobless rate fell .2 percentage points to 5.8%–returning to its lowest level since the 1970s posted earlier this year. The economy added a stronger-than-expected 54,100 net new jobs last month–its most significant advance this year. This gain, however, was driven by increases in…
August 3, 2018
Category: About Sherry Articles Media Reporting on Sherry
Vancouver Housing Activity Weakens as Toronto Rebounds in July
Metro Vancouver The Real Estate Board of Greater Vancouver (REBGV) reported this week that July’s residential housing sales in Metro Vancouver* skidded to their lowest level for that month in 18 years. Residential property sales in the region totalled 2,070 last month, a 30.1% decline from the record level posted in July 2017, and a…