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☆ Sexual Assaults in Canadian Military Have Risen Significantly -Data
▼ + stars: | 2023-12-05 | by ( Dec. | At P.M. | ) www.usnews.com time to read: +1 min

OTTAWA (Reuters) - Sexual assaults in the Canadian military rose significantly in 2022 compared to 2018, Statistics Canada said on Tuesday in the latest indication sex crimes are a fast-growing problem. In 2022, around 1,960 members of the military, or 3.5% of the total, reported they had been sexually assaulted by other people in the armed forces. The military has been under pressure for years over allegations of sexual misconduct by senior officers. The Statscan report was based on a survey of armed forces members. "These results are deplorable ... the continued prevalence of sexual misconduct in our workplace is incredibly disappointing," General Wayne Eyre, chief of the defense staff, said in a statement.

Persons: Wayne Eyre, David Ljunggren, David Gregorio Organizations: OTTAWA, Statistics Locations: Statistics Canada

OTTAWA, Nov 30 (Reuters) - The Canadian economy unexpectedly contracted at an annualized rate of 1.1% in the third quarter, data showed on Thursday, avoiding a recession but showing growth stumbling ahead of next week's interest-rate decision. The economy avoided slipping into a technical recession - defined as two consecutive quarter-on-quarter contractions - because second-quarter GDP data was revised up to a 1.4% gain from an initial report of a 0.2% decline, Statistics Canada said. The BoC has remained on the sidelines since July after lifting its benchmark interest rate to a 22-year high of 5% to tame inflation. "The bottom line is that the economy is still sputtering along," said Royce Mendes, head of macro strategy at Desjardins Group. Real GDP most likely edged up 0.2% in October after a 0.1% gain in September, Statscan said.

Persons: Doug Porter, Royce Mendes, Bipan Rai, Statscan, Ismail Shakil, Steve Scherer, Dale Smith, Divya Rajagopal, Fergal Smith, Mark Porter Organizations: OTTAWA, Bank of Canada's, Statistics, BMO Capital Markets, Canadian, U.S ., BoC, Desjardins Group, Bank of Canada, Bank, CIBC Capital Markets, Thomson Locations: Canadian, Statistics Canada, North America, Ottawa, Toronto

OTTAWA, Nov 21 (Reuters) - Canada's annual inflation rate eased more than expected to 3.1% in October and core inflation measures edged down to their lowest levels in about two years, data showed on Tuesday, likely closing the door to further rate hikes. The Bank of Canada (BoC) targets 2% annual inflation. "If the door wasn't already shut to additional rate hikes, it now should be." The bank projects inflation to hover around 3.5% until mid-2024, before trickling down to its 2% target in late 2025. Dragging the annual inflation rate in October was a 7.8% drop in gasoline prices, which benefited from comparison with a price surge in October 2022.

Persons: Royce Mendes, Simon Harvey, Chrystia Freeland, Justin Trudeau's, Ismail Shakil, Steve Scherer, Dale Smith, Fergal Smith, Divya Rajagopal, Chizu Organizations: OTTAWA, Reuters, Statistics, Bank of Canada, BoC, CPI, Desjardins Group, Canadian, Justin Trudeau's Liberal, Thomson Locations: Statistics Canada, Europe, Canada, Ottawa, Toronto

REUTERS/Carlos Osorio/File Photo Acquire Licensing RightsOTTAWA, Nov 16 (Reuters) - A 22-year-old self-confessed Canadian white nationalist who deliberately ran over and killed four members of a Muslim family in his truck in 2021 was found guilty of first degree murder on Thursday. The jury took around six hours to convict Nathaniel Veltman, who attacked the family in the Ontario town of London. It sets a precedent against white nationalist terrorism," said Abdul Fattah Twakkal, an imam at the London Muslim Mosque. It was the worst attack against Canadian Muslims since a man gunned down six members of a Quebec City mosque in 2017. In the manifesto, Veltman wrote "I am a white nationalist" and said white people were "facing genocide".

Persons: Flowers, Carlos Osorio, Nathaniel Veltman, Veltman, Islam, Salman Afzaal, Madiha Salman, Yumnah, Talat, Abdul Fattah Twakkal, Christopher Hicks, Tabinda Bukhari, Prosecutors, Ismail Shakil, David Ljunggren, Mark Potter, Nick Zieminski Organizations: REUTERS, Rights OTTAWA, Prosecutors, Canadian Broadcasting Corp, Canadian, Statistics Canada, Thomson Locations: London , Ontario, Canada, Ontario, London, Pakistan, Veltman, Quebec, New Zealand

OTTAWA, Nov 7 (Reuters) - Canada's trade surplus with the world increased twice as much as forecast in September, as higher crude prices helped exports gain for a third straight month, data showed on Tuesday. September's trade surplus gained to C$2.04 billion ($1.48 billion), Statistics Canada said, compared with a Reuters poll pointing toward a C$1.00 billion surplus. Energy products led the gains, mainly due to higher crude oil prices that coincided with the extension of voluntary production cuts by OPEC+. Partly offsetting the gains, exports of metal and non- metallic mineral products fell 10.7% in September from an all-time high in August. Overall, motor vehicles and parts recorded its sixth consecutive monthly rise, despite strike disruptions in the United States - Canada's biggest trade partner.

Persons: Stuart Bergman, Bergman, Shelly Kaushik, Ismail Shakil, Steve Scherer, Fergal Smith, Dale Smith, Ed Osmond, Chizu Organizations: OTTAWA, Statistics, Export Development Canada, Energy, ., Canadian, greenback, Bank of Canada's, BMO Capital Markets, Thomson Locations: Statistics Canada, United States, Toronto, Ottawa

☆ Instant View: Canada gains 17,500 jobs in October, jobless rate rises to 5.7%
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +1 min

TORONTO, Nov 3 (Reuters) - Canada's economy gained a net 17,500 jobs in October, entirely in part-time work, and the jobless rate rose to 5.7%, Statistics Canada data showed on Friday. Employment in the goods producing sector grew by a net 7,500 jobs, largely in construction. STORIES:MARKET REACTION: CAD/LINK: https://www150.statcan.gc.ca/n1/daily-quotidien/231103/dq231103a-eng.htm?HPA=1COMMENTSDEREK HOLT, VICE PRESIDENT OF CAPITAL MARKETS ECONOMICS AT SCOTIABANK:"So most of the jobs were part time. In terms of Bank of Canada, we got another set of jobs numbers before their next decision and a lot more data before the December meeting. You'd really need to see some strong holiday shopping and end of year activity in order to get a beat on Q4."

Persons: DEREK HOLT, you've, Steve Scherer, Denny Thomas Organizations: TORONTO, Statistics, ECONOMICS, SCOTIABANK, Bank of Canada, Thomson Locations: Statistics Canada, it's

☆ Canada adds fewer jobs than expected in October, jobless rate rises
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +2 min

A help wanted sign hangs in a bar window along Queen Street West in Toronto Ontario, Canada June 10, 2022. REUTERS/Carlos Osorio/File Photo Acquire Licensing RightsOTTAWA, Nov 3 (Reuters) - The Canadian economy added a net 17,500 jobs in October, fewer than expected, while the jobless rate edged up to a 21-month high of 5.7%, Statistics Canada data showed on Friday. Analysts polled by Reuters had forecast a net gain of 22,500 jobs and for the unemployment rate to tick up to 5.6% from 5.5% in September. The unemployment rate has risen four times in the past six months, and is now at the highest level since 6.5% in Jan 2022. The services sector gained 10,000 jobs, led by information, culture and recreation as well as health care and social assistance.

Persons: Carlos Osorio, Ismail Shakil, Dale Smith Organizations: Queen, West, REUTERS, Rights OTTAWA, Statistics, Reuters, Bank of Canada, Thomson Locations: Toronto Ontario, Canada, Statistics Canada, Ottawa

A help wanted sign hangs in a bar window along Queen Street West in Toronto Ontario, Canada June 10, 2022. Canada added a net 17,500 jobs in October, Statistics Canada data showed. The softer-than-anticipated jobs report follows data out earlier this week indicating that the economy likely slipped into a shallow recession in the third quarter. "This will keep the Bank of Canada pinned more fully to the sidelines, although we still believe that rate relief remains a distant prospect." The services sector gained 10,000 jobs, led by information, culture and recreation as well as healthcare and social assistance.

Persons: Carlos Osorio, Royce Mendes, that's, Paul Smith, Doug Porter, Ismail Shakil, Steve Scherer, Fergal Smith, Nivedita Balu, Dale Smith, Louise Heavens, Andrea Ricci Organizations: Queen, West, REUTERS, Statistics, Reuters, Desjardins, Bank of Canada’s, The Bank of Canada, BoC, P, P Global Market Intelligence, CENTRAL BANK, Canadian, BMO Capital Markets, Bank of Canada, Thomson Locations: Toronto Ontario, Canada, OTTAWA, Statistics Canada, Ottawa, Toronto

☆ Canada caps immigration target amid housing crunch, inflation
▼ + stars: | 2023-11-01 | by ( Wa Lone | ) www.reuters.com time to read: +2 min

"These immigration levels will help set the pace of Canada's economic and population growth while moderating its impact on critical systems such as infrastructure and housing," Miller said. Canada's population has grown mainly through immigration, and population growth has helped fuel economic growth in recent years. But some economists have blamed immigration for worsening the country's housing shortage, though immigrants also work in industries like construction that are facing a labor shortage. For this reason, the Bank of Canada has said immigration has been both a driver and a brake for inflation, which stood at 3.8% in September. More consumers mean more demand, which pushes up prices, but immigrants entering the work force also help keep down labor costs.

Persons: Christinne, Marc Miller, Miller, Wa, Ismail Shakil, Steve Scherer, Deepa Babington Organizations: REUTERS, Rights TORONTO, Bank of Canada, Statistics, Institute for Canadian Citizenship, Wa Lone, Thomson Locations: Canada, U.S, Champlain , New York, Ottawa, Statistics Canada, Toronto

With the economy stumbling along slower than the Bank of Canada forecast just last week, analysts said there is no need to raise rates again from 5.0%, a 22-year high. July GDP was revised to being marginally negative from an initial report of zero growth, Statistics Canada said. This data reaffirms our view that the Bank of Canada is done raising rates for this cycle," Figueiredo said. The central bank has said its previous rate hikes are sinking in. The projected contraction in third-quarter annualized growth is far lower than the Bank of Canada (BoC) forecast last week.

Persons: Chris Helgren, Tiago Figueiredo, Figueiredo, Macklem, Benjamin Reitzes, Reitzes, Ismail Shakil, Steve Scherer, Dale Smith, Jonathan Oatis Organizations: Roberts Bank, REUTERS, Rights OTTAWA, Bank of Canada, Canadian, Reuters, Statistics, BoC, BMO Capital Markets, Thomson Locations: Delta, British Columbia, Canada, Canadian, Statistics Canada, Ottawa

☆ Canada's New Immigration Plan to Factor in Need to Bolster Housing and Services
▼ + stars: | 2023-10-31 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +1 min

By Wa LoneTORONTO (Reuters) - Canada will incorporate planning for housing, healthcare and other services into its a immigration strategy, Immigration Minister Marc Miller said on Tuesday, after posting its biggest population jump in almost seven decades. Statistics Canada has said the population grew by 2.9% in the 12 months to July 1, 2023, to more than 40 million. "We need to better align immigration programs systems and services with Canada's labor market," Miller told reporters. Canada's government is facing pressure to address concerns about targeting annual immigration at around 500,000 permanent residents by 2025 given the backdrop of an affordable housing crisis and escalating living costs. One key to the new strategy is to accelerate processing services for international student permits at institutions with better housing, services and other supports, the ministry said.

Persons: Marc Miller, Miller, we've, Wa, Steve Scherer, Sandra Maler Organizations: Wa Lone, Immigration, Statistics Canada Locations: Wa, Wa Lone TORONTO, Canada

☆ Canada's new immigration plan to factor in need to bolster housing and services
▼ + stars: | 2023-10-31 | by ( Wa Lone | ) www.reuters.com time to read: +1 min

TORONTO, Oct 31 (Reuters) - Canada will incorporate planning for housing, healthcare and other services into its a immigration strategy, Immigration Minister Marc Miller said on Tuesday, after posting its biggest population jump in almost seven decades. Statistics Canada has said the population grew by 2.9% in the 12 months to July 1, 2023, to more than 40 million. "We need to better align immigration programs systems and services with Canada's labor market," Miller told reporters. Canada's government is facing pressure to address concerns about targeting annual immigration at around 500,000 permanent residents by 2025 given the backdrop of an affordable housing crisis and escalating living costs. One key to the new strategy is to accelerate processing services for international student permits at institutions with better housing, services and other supports, the ministry said.

Persons: Marc Miller, Miller, we've, Wa, Steve Scherer, Sandra Maler Organizations: TORONTO, Immigration, Statistics Canada, Wa Lone, Thomson Locations: Canada

☆ VIEW Canada's annual inflation cools in September
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +4 min

TORONTO, Oct 17 (Reuters) - Canada's annual inflation rate edged down to 3.8% in September on broad-based price reductions for some travel-related services, durable goods and groceries, Statistics Canada said on Tuesday. This beat analysts' expectations for annual inflation to remain at 4.0%. "It's pretty clear that (the central bank) won't be raising rates in my opinion in October. I think if we had gotten another inflation print like August in September - that was the big risk to have another hike. DEREK HOLT, VICE PRESIDENT OF CAPITAL MARKETS ECONOMICS AT SCOTIABANK"I think on a trend basis, the Bank of Canada is behind the inflation wage cycles.

Persons: CLAIRE FAN, MICHAEL GREENBERG, FRANKLIN TEMPLETON, JULES BOUDREAU, MACKENZIE, There's, They'll, DEREK HOLT, Divya Rajagopal, Steve Scherer, Fergal Smith, Denny Thomas Organizations: TORONTO, Statistics, ROYAL BANK, CANADA, Bank of Canada, Business Outlook Survey, ECONOMICS, SCOTIABANK, Thomson Locations: Statistics Canada

☆ Canada annual inflation rate edges down to 3.8% in September
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +1 min

People pay for their items at a grocery store in Toronto, Ontario, Canada November 22, 2022. REUTERS/Carlos Osorio/File Photo Acquire Licensing RightsOTTAWA, Oct 17 (Reuters) - Canada's annual inflation rate edged down to 3.8% in September on broad-based price reductions for some travel-related services, durable goods and groceries, Statistics Canada said on Tuesday. This beat analysts' expectations for annual inflation to remain at 4.0%. Percent changesMonth-on-month Year-on-yearSep Aug Sep AugCPI - all items -0.1 +0.4 +3.8 +4.0CPI - common n/a n/a +4.4 +4.8CPI - median n/a n/a +3.8 +4.1CPI - trim n/a n/a +3.7 +3.9Bank of Canada core -0.1 +0.1 +2.8 +3.3All items ex food/energy -0.1 +0.2 +3.2 +3.6Goods -0.3 +0.6 +3.6 +3.7Services 0.0 +0.1 +3.9 +4.3Energy -1.0 +3.7 +5.4 +1.8Seasonally adjusted +0.2 +0.6 n/a n/aCore CPI, SA -0.1 +0.3 n/a n/aNOTE: Analysts in a Reuters survey had forecast September CPI to be 4.0% annualized, and to be up 0.1% on the month. (Reporting by Dale Smith; Editing by Ismail Shakil)((ismail.shakil@tr.com))Keywords: CANADA ECONOMY/INFLATIONOur Standards: The Thomson Reuters Trust Principles.

Persons: Carlos Osorio, Dale Smith, Ismail Shakil Organizations: REUTERS, Rights OTTAWA, Statistics, of Canada, CPI, SA, Thomson Locations: Toronto , Ontario, Canada, Statistics Canada

REUTERS/Carlos Osorio/File Photo Acquire Licensing RightsOTTAWA, Oct 17 (Reuters) - Canada's annual inflation rate unexpectedly slowed to 3.8% in September and underlying core measures also eased, data showed on Tuesday, prompting markets and analysts to trim bets for another interest rate hike next week. Analysts polled by Reuters had forecast inflation to hold steady at the 4.0% rate recorded in August. Two of the Bank of Canada's (BoC's) three core measures of underlying inflation also decelerated. Money markets trimmed bets for a rate hike next week after the data. "There's no need for further rate hikes in Canada," Reitzes said.

Persons: Carlos Osorio, Jules Boudreau, stoking, Benjamin Reitzes, Reitzes, Statscan, Derek Holt, Macklem, Ismail Shakil, Steve Scherer, Dale Smith, Fergal Smith, Divya Rajagopal, Jonathan Oatis, Nick Zieminski Organizations: REUTERS, Rights OTTAWA, Reuters, Statistics, Mackenzie Investments, Bank of Canada's, Bank of Canada, BoC, BMO Capital Markets, Scotiabank . Bank of Canada, Thomson Locations: Toronto , Ontario, Canada, Statistics Canada, Mackenzie, Ottawa, Toronto

☆ Canada job gains triples expectations in September; wage growth accelerates
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +1 min

OTTAWA, Oct 6 (Reuters) - Canada's economy added a net 63,800 jobs in September, more than tripling expectations, while the jobless rate stayed at 5.5%, Statistics Canada data showed on Friday. The average hourly wage for permanent employees rose 5.3% from September 2022, up from the 5.2% annual rise in August. The acceleration in wage growth is likely to worry the central bank, which has stressed that it will be hard to fully curb inflation if wages maintain their current patterns of rising between 4% and 5% annually. With September's robust gains, the economy is averaging 30,000 monthly employment growth this year, up from 25,000 a month earlier. Part-time employment growth, which has been outpacing a rise in full-time work this year, drove the gains in August with a net 48,000 positions added in the month, Statscan said.

Persons: Statscan, Ismail Shakil, Dale Smith Organizations: OTTAWA, Statistics, Reuters, Bank of Canada, Thomson Locations: Statistics Canada, Ottawa

The jobless rate stayed at 5.5% for a third consecutive month, Statistics Canada said. Wage growth is also beating market expectations," said Michael Greenberg, a portfolio manager for Franklin Templeton Investment Solutions. "Despite the aggressive rate hikes by the Bank of Canada, clearly demand remains strong and companies continue to hire. Money markets increased bets for a rate increase later this month after the jobs figures were published. With September's robust gains, the economy is averaging 30,000 monthly employment growth this year, up from 25,000 a month earlier.

Persons: Carlos Osorio, Michael Greenberg, Greenberg, Derek Holt, Holt, haven't, they've, we're, Statscan, Ismail Shakil, Nivedita Balu, Steve Scherer, Fergal Smith, Dale Smith, Mark Porter Organizations: Queen, West, REUTERS, Rights OTTAWA, Statistics, Reuters, Franklin Templeton Investment Solutions, Bank of Canada, Scotiabank, Thomson Locations: Toronto Ontario, Canada, Statistics Canada, U.S, Ottawa

☆ Canada economy stalled in July, most likely grew by 0.1% in Aug
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Christinne Muschi Acquire Licensing RightsOTTAWA, Sept 29 (Reuters) - Canada's economy stalled in July as the manufacturing sector posted its biggest decline for more than two years, but it most likely grew by 0.1% in August, Statistics Canada said on Friday. Analysts polled by Reuters had forecast a 0.1% month-over-month rise in July. Overall, the service-producing sector edged up 0.1% in July while the goods-producing sector posted a 0.3% contraction. The manufacturing sector shrank by 1.5% over June, the biggest month-on-month drop since April 2021, largely due to firms drawing down their inventories. The bank held its key overnight interest rate at 5% on Sept 6, noting the economy had entered a period of weaker growth.

Persons: Christinne, David Ljunggren, Dale Smith Organizations: Port, REUTERS, Rights, Statistics, Reuters, Bank of, Mining, Bank of Canada's, Thomson Locations: Port of Montreal, Montreal, Quebec, Canada, Statistics Canada, Pacific, British Columbia

☆ Immigrants and students fueled Canada's population jump in 2023, StatsCan says
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +2 min

Statscan had already announced the population grew by 2.9% in the 12 months to July 1, 2023 but Wednesday's release provided more details. "Canada continued to lead G7 countries for population growth and was likely among the top 20 fastest growing countries in the world," Statscan said in a news release. As of July 1, 2023, an estimated 2,198,679 non-permanent residents lived in Canada, a 46% jump from July 1, 2022. "This represents the largest year-over-year increase in the population of non-permanent residents ... since comparable data are available (1971/1972), with the increase in work and study permits accounting for most of the change," said Statscan. "Near-record rates of population growth can also contribute to outsized employment growth, that could put upward pressure on consumer demand and ultimately drive further price increases," he said in a note.

Persons: Christinne, Statscan, Marc Desormeaux, Desjardins, David Ljunggren, David Gregorio Our Organizations: REUTERS, Rights, Statistics, Liberal, Thomson Locations: Montreal, Quebec, Canada, Statistics Canada, Canadian

Two of the three core inflation measures also rose. The annual rate, the highest since the 4.4% reported in April, is double the Bank of Canada's 2% target. "Underlying inflation is still well above the level that would be consistent with achieving our target of 2% CPI inflation," she said. Money markets raised bets for a rate hike in October after the data, seeing a 42% chance of an increase after the price figures compared with 23% before. However, another inflation report and a bevy of other data are due out before the Canadian central bank next meets on Oct 25 to set the key overnight rate.

Persons: Derek Holt, Holt, Sharon Kozicki, Jimmy Jean, Justin Trudeau's, Andrew Grantham, David Ljunggren, Steve Scherer, Dale Smith, Fergal Smith, Divya Rajogopal, Paul Simao, Mark Porter Organizations: Reuters, Statistics, Bank of Canada's, Scotiabank, Bank of, Bank of Canada, Canadian, Desjardins Group, CIBC Capital Markets, Tiff, Thomson Locations: OTTAWA, Statistics Canada, Canadian

Canada created 39,900 jobs, Statistics Canada said, compared with a median forecast for a gain of 15,000. The labor market has been resilient even as the Bank of Canada (BoC) raised its key overnight rate 10 times since March 2022 to cool the economy. Money markets see a 44% chance of another BoC rate hike by year-end, up from 36% before the data were published. "This report alone won't make the Bank of Canada regret holding rates steady earlier this week. Derek Holt, vice president of capital markets economics at Scotiabank, noted a gain of 49,500 people in self-employed jobs.

Persons: Carlos Osorio, Andrew Kelvin, Royce Mendes, Derek Holt, Dale Smith, Fergal Smith, Andrea Ricci, Nick Macfie Organizations: Queen, West, REUTERS, Rights, Statistics, Bank of Canada, BoC, TD Securities, Desjardins Group, Canadian, Scotiabank, Thomson Locations: Toronto Ontario, Canada, Statistics Canada, Canadian, Ottawa, Toronto

☆ Canada gains many more jobs than expected in August, unemployment rate unchanged
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +1 min

OTTAWA, Sept 8 (Reuters) - Canada's economy gained a much greater than expected net 39,900 jobs in August and the unemployment rate remained at 5.5%, official data showed on Friday, a sign of underlying strength despite high rates. Analysts polled by Reuters had forecast a net gain of 15,000 jobs and for the unemployment rate to edge up to 5.6% from July. Statistics Canada said full-time positions grew by 32,200 jobs while part-time jobs posted a more modest gain of 7,800. The labor market has been resilient even as the Bank of Canada raised its key overnight rate 10 times since March 2022 to cool the economy. Employment in the goods sector fell by a net 2,500 jobs in August, largely in manufacturing, while services sector gained a net 42,400 jobs, mostly in professional, scientific and technical services.

Persons: David Ljunggren, Dale Smith Organizations: Reuters, Statistics Canada, Bank of Canada, Thomson Locations: OTTAWA

The second-quarter reading was far lower than the Bank of Canada's (BoC's) forecast for a 1.5% annualized GDP growth as well as the 1.2% gain expected by analysts. The quarterly slowdown was largely due to declines in housing investment and smaller inventory accumulation as well as slower international exports and household spending, Statistics Canada said. The central bank hiked its benchmark overnight rate to a 22-year-high of 5.0% in July, the tenth increase since March of last year. The high interest rate environment has coincided with falling housing investment, which recorded its fifth consecutive quarterly decrease in the three months ended in June. The housing investment decline was led by a sharp drop in new construction as well as a fall in renovation activities, Statscan said.

Persons: Stephen Brown, Andrew Kelvin, Statscan, downwardly, Doug Porter, Ismail Shakil, Steve Scherer, Dale Smith, Fergal Smith, Nivedita Balu, Mark Porter Organizations: Bank of Canada's, North, Capital Economics, Bank of Canada, Statistics, BoC, Reuters, TD Securities, Money, Canadian, BMO Capital Markets, Thomson Locations: OTTAWA, North American, Statistics Canada, Canada

☆ Canada to change how it counts foreign students, workers amid housing crunch
▼ + stars: | 2023-08-31 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Jennifer Gauthier/File Photo Acquire Licensing RightsOTTAWA, Aug 31 (Reuters) - Canada will change how it counts non-permanent residents, the main statistics agency said on Thursday, after an economist said the current methodology may have overlooked about a million foreign students, workers and others. Statistics Canada said it stood by its figures, but added that it will publish new, more detailed data on non-permanent residents next month using a revised methodology. Statscan's terminology for non-permanent residents covers people living in Canada with work or study permits and asylum seekers. Tal said Statscan's new approach would help to give a better sense of the actual numbers in the country. "A precondition for any policy in general, and housing policy in particular, is to know the size, the magnitude of the shortage," Tal said in a phone interview on Thursday.

Persons: Jennifer Gauthier, Benjamin Tal, Statscan, Tal, Ismail Shakil, Andrew Heavens Organizations: REUTERS, Rights OTTAWA, CIBC Capital, Statistics Canada, Thomson Locations: Vancouver , British Columbia, Canada, Ottawa

Retail pasta prices rose about 12% this year in Europe and 8% in the United States, according to market research firm Nielsen. CANADA DRYWhen the Prairies turned dry this summer, Canadian farmer Darold Niwa saw hopes of a bumper durum harvest dashed. Durum, the hardest wheat, produces pasta with the prized "al dente" firm texture, unlike soft wheat. In the meantime, Vincenzo Martinelli, president of the durum section of Italian millers association Italmopa, nervously awaits the outcome of the Canadian harvest. "Without Canada, prices will only go up," he said.

Persons: De, Continental Noodles, Vincent Liberatore, Liberatore, Darold Niwa, Jerry Klassen, Philip Werle, There's, Severine, Maisons, Vincenzo Martinelli, Gus Trompiz, Rod Nickel, Emilio Parodi, Ceyda, Julie Ingwersen, Michael Hogan, Caroline Stauffer, David Gregorio Our Organizations: Foods, Nielsen, Grains, CANADA, Prairies, Statistics, Traders, Northstar, European Union, Thomson Locations: Fara San Martino, Italy, PARIS, WINNIPEG , Manitoba, Canada, Turkey, Toronto, Continental, Spain, India, Europe, United States, Oyen , Alberta, durum, Statistics Canada, France, Algeria, TURKEY, Turkish, American, Russia, North Africa, Milan, Ceyda Caglayan, Istanbul, Chicago, Hamburg

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