Quantcast Canadian Economy Chugs Along
Search by tag or site Login to my blog ? Start my own blog














TheMoneyBlogs
Home
About
Create your own blog
Contact us
Vote for this blog!

Canajun Finances

My personal views and rants on home finances with a Canadian Perspective

Canadian Economy Chugs Along

Posted on 04/25/2007 16:11:10 | Link | Post Comment
Leading indicators for March are up 0.4% and if you view that with the 0.7% increase from the month before, I'd say we are seeing a trend?

Easy to say, but we have been positive leading indicators for the past two years, which reinforces the statement that the Canadian economy is doing quite well thank you very much.

Higher stock prices, continued consumer spending being positive and the manufacturing business recovering (thanks to an increase in US demand), means good things for Canada for now.

Keep up the good work Canadian worker!

Another Stats Canada posting points out that Car prices in Canada continue to rise (for the fifth year in a row). Must mean a strong demand, since you can't raise prices on things nobody wants (I learned that at ECON 101).

Canadians continue to buy North American, but we also continue our trend towards buying cars from overseas manufacturers as well (at about 33% of all passenger cars bought now). Given Toyota is now the leading manufacturer in the world, wonder what that means? Are Toyota's built in Canada counted as a car manufactured overseas? I think so, which is interesting.

Drop by the Big Cajun Reading Room
Stock Quote or
Examples
Morpheus Trading - Thu Jul 17, 2008 01:15AM
NOTE: Please click on the charts below to enlarge them if th [read more]
Morpheus Trading - Tue Jul 15, 2008 08:25AM
NOTE: Please click on the charts below to enlarge them [read more]
Morpheus Trading - Mon Jul 14, 2008 02:18AM
NOTE: Please click on the charts below to enlarge them if [read more]

PREMIER SPONSORED LINKS

Most Visited Blogs | Most Popular Blogs | Most Recent Blogs | Contact Us | Terms and conditions | Privacy Policy

The columns, articles, message board posts and any other features provided on TheMoneyBlogs.com are provided for personal finance, education and investment information and are not to be construed as investment advice. Under no circumstances does the information in this content represent a recommendation to buy, sell or hold any security. The views and opinions expressed in an article or column are the author's own and not necessarily those of TheMoneyBlogs.com and there is no implied endorsement by TheMoneyBlogs.com of any advice or trading strategy. The analysts and employees or affiliates of TheMoneyBlogs.com may hold positions in the stocks or industries discussed here. Your use of this and all information contained on TheMoneyBlogs.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

Copyright © 2008 The Connors Group, Inc.