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The Daily Friday, January 17, 2020

Press Release

January 17, 2020

Canada’s international transactions in securities, November 2019

Canadian investment in foreign securities increased to $5.5 billion in November as Canadian investors resumed their purchases of foreign equities. At the same time, foreign investors reduced their holdings of Canadian securities by $1.8 billion, the first decline in four months.

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Natural resource indicators, third quarter 2019

Real gross domestic product of the natural resources sector fell 2.2% in the third quarter, following a 2.8% rise in the second quarter. The decline was largely attributable to a substantial decrease in crude oil and bitumen extraction, reflecting shutdowns and maintenance of some production facilities.

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Study: Productivity dispersion, technological diffusion and productivity growth in Canada

Labour productivity growth slowed in Canada and in a number of other developed countries after 2000. In many Organisation for Economic Co-operation and Development countries, this slowing was accompanied by a widening of the labour productivity gap between the most productive firms and all other firms. It has been hypothesized that this growing dispersion in labour productivity would be linked to a slowdown in the diffusion of increasingly complex digital technologies.

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New Lending Services Price Index, third quarter 2019

The New Lending Services Price Index (NLSPI) decreased by 0.8% in the third quarter, following a 0.9% decline in the previous quarter.

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Scheduled air passenger origin and destination: Canada–United States, 2018

More than 26.4 million passengers travelled on scheduled air services between Canada and the United States in 2018, a 7.3% increase compared with 2017. This was the ninth consecutive year-over-year increase since the economic downturn of 2009.

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