The Daily Monday, August 19, 2024
Press Release
Investment in building construction, June 2024
Investment in building construction grew 2.8% to $21.4 billion in June, after a slight increase of 0.8% in May. These increases partly reflect April’s record high of $13.4 billion in total building permits value, since investment levels for a given period are driven by permits issued in prior months.
Main highlights on income of families and individuals: Subprovincial data from the T1 Family File, 2022
In 2022, the median family after-tax income of Canadians was $60,800, up by 2.5% from 2021, before adjusting for inflation. Adjusted for an annual rate of inflation of 6.8%, the 2022 median family after-tax income was 4.0% lower than in 2021.
Monthly credit aggregates, June 2024
In June, the total credit liabilities of households rose 0.2% (+$7.4 billion) to reach $2,962.4 billion. Real estate secured debt, composed of both mortgage debt and home equity lines of credit, grew 0.2% (+$5.5 billion). Household mortgage debt increased 0.2% (+$5.0 billion), a deceleration compared with May (+0.3%). In June, the policy interest rate decreased 25 basis points to 4.75%, the first change since July 2023.
Urban public transit, June 2024
In June, the number of urban transit passenger trips in Canada totalled 125.8 million, more than 82% of the June 2019 level, before the COVID-19 pandemic.
Industrial chemicals and synthetic resins, 2023
In 2023, the highest production levels for industrial chemicals were recorded for ethylene (5.1 million tonnes, up 5.4% from 2022), anhydrous ammonia (4.8 million tonnes, up 7.4%) and urea (4.1 million tonnes, up 16.7%).
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