Month: November 2021
November 30, 2021
Category: About Sherry Articles Media Reporting on Sherry
Strong Q3 Growth in Canada
Canadian Economy Bounced Back Sharply In Q3 In line with the Bank of Canada’s forecast, the economy rebounded sharply in the third quarter following the weak performance in Q2. Stats Canada announced this morning that GDP grew by a whopping 5.4% in Q3 following the downwardly revised 3.2% earlier in Q2. As pandemic restrictions phased out…
November 17, 2021
Category: About Sherry Articles Media Reporting on Sherry
Canadian Inflation Hits 18-Year High
Inflation Surge Is No Need For Hysteria StatsCanada today reported that consumer price inflation rose to 4.7% from year-ago levels in October, compared to 4.4% in September. This is in line with market expectations and is well below the US’s 6.2% pace reported for the same period. Inflation is rising all over the world, the…
November 15, 2021
Category: About Sherry Articles Media Reporting on Sherry
Canadian Home Sales Surge In October
Home Sales Surge in October Today the Canadian Real Estate Association (CREA) released statistics showing national existing-home sales rose a whopping 8.6% in October, its most robust month-over-month pace since July 2020, when the first lockdown eased briefly. This was on the heels of a modest uptick in September–the first gain since March of this year.Sales were…
November 5, 2021
Category: About Sherry Articles Media Reporting on Sherry
Canadian Employment Gains Slowed in October As Jobless Rate Fell
A More Normal Jobs Report In October Statistics Canada released the October Labour Force Survey this morning, reporting a slowdown in employment growth from the blockbuster pace of recent months. While some commentators were disappointed in the results, I have a more positive take. Canada returned its pre-pandemic level of employment in September ahead of…