Last updated: April 19 2011

Make the Canadian Economic Observer a “Must Read”

In the April, 2011 edition of The Canadian Economic Observer, the section on Current Economic Conditions discusses the provincial, national and global economies. It observes that the first months of 2011 saw economic growth in Canada due to energy and auto exports, while the U.S. improved with the credit going to retail sales, auto assembly and a strengthening labour market. Overseas, Britain, France and Germany continued a slow recovery while developing nations such as Brazil experienced rapid growth coupled with rising prices that have prompted high interest rates.

In the provinces, this issue of the Canadian Economic Observer reports that central Canada benefitted from a rise in manufacturing while retail sales declined. In British Columbia manufacturing grew, especially in forestry-based industries, while retail sales and housing starts were down. The prairies experienced a loss in manufacturing sales but household spending and housing starts posted gains as winter ended.

Are you looking for a reliable source of economic statistics and interpretation?   Look no further than the Canadian Economic Observer.  With a federal election on the horizon, why not vet economic issues through the lens of this venerable Canadian publication?  A monthly journal published by Statistics Canada, this compilation of economic data contains interesting facts and analysis and a topical feature article. There are twelve main sections:

  • Current economic conditions
  • Economic events
  • Feature article and
  • Recent feature articles
  • National accounts
  • Labour markets
  • Prices
  • International trade
  • Goods-producing industries (manufacturing, construction and resources)
  • Services (trade, transportation, travel and communications)
  • Financial markets
  • Provincial

With so much information available out there, and not enough hours in the day, it is difficult to schedule time to keep up-to-date on the state of affairs in this country and beyond.  Here's an easy reminder  - you can sign up at Stats Can to receive notice when the Canadian Economic Observer is issued each month. Take a few minutes and read up on economies here and around the globe ñ a little education is always a good thing!