Canada Wholesale Sales Fall 1.6% in August
Wholesale sales fell 1.6% month over month in August in seasonally adjusted terms, Statistics Canada said. Lower motor vehicle and parts sales led the decline.
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Canada wholesale trade fell 1.6% in August
Statistics Canada said sales declined from July, led by motor vehicles and parts. Sales fell in five of seven subsectors, which represent 70.6% of wholesale trade.
TRADING DAY — Earnings season debuts to mixed reviews
By Stephen Culp NEW YORK, Oct 13 (Reuters) — Wall Street stocks were muted on Tuesday after big banks reported mixed earnings and investors looked ahead to Wednesday's crucial inflation report. The S&P 500 ended essentially flat, while Nasdaq closed slightly lower, weighed by chip weakness. Third-quarter earnings optim
Canada economic growth flat in July; August seen expanding 0.2%
Statistics Canada reported growth unchanged in July, with goods and services largely flat; manufacturing fell 0.9% while utilities rose 1.7%. An advanced estimate points to 0.2% monthly growth in August.
Canadian dollar heads for third straight weekly decline on wider yield spreads
The loonie was down 1.2% for the week at 1.4152 per US dollar, its weakest since July 14. Canada 2-year yield gap versus the US widened to about 153 basis points, the widest since February 2025.