Canada is out with some statistics today including January wholesale trade. That metric rose 1.8% based on a 59.1% survey response that will be updated with the full slate.

Another report highlights that aircraft movements in the country are only back to 92% of the movements recorded in 2019. That differs from the US, where flights are up compared to pre-pandemic. The slow recovery highlights differing economic paths and a per-capita recession in Canada.

Notably, November and December monthly load factors were below those from the same months in 2023.

A survey on investment intentions provided some good news with non-residential tangible capital asset investment forecast to rise 5.5% in 2025, with similar growth in both public and private spending. The survey notes, however, that it was done before tariffs threats and announcements.

Overall, the numbers look solid but I worry about a drop in consumption on tariff angst and a rout in the housing market, particularly in Ontario and BC.

This article was written by Adam Button at www.forexlive.com.Canada is out with some statistics today including January wholesale trade. That metric rose 1.8% based on a 59.1% survey response that will be updated with the full slate.Another report highlights that aircraft movements in the country are only back to 92% of the movements recorded in 2019. That differs from the US, where flights are up compared to pre-pandemic. The slow recovery highlights differing economic paths and a per-capita recession in Canada.Notably, November and December monthly load factors were below those from the same months in 2023.A survey on investment intentions provided some good news with non-residential tangible capital asset investment forecast to rise 5.5% in 2025, with similar growth in both public and private spending. The survey notes, however, that it was done before tariffs threats and announcements.Overall, the numbers look solid but I worry about a drop in consumption on tariff angst and a rout in the housing market, particularly in Ontario and BC.

This article was written by Adam Button at www.forexlive.com.  Read MoreNews 

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