The Daily Thursday, January 19, 2023
Press Release
Wholesale trade, November 2022
Wholesale sales rose 0.5% to $83.8 billion in November. Higher sales were posted in the motor vehicle and motor vehicle parts and accessories subsector and the machinery, equipment and supplies subsector, while sales in remaining subsectors decreased.
New motor vehicle sales, November 2022
New motor vehicle sales data for Canada and the provinces are now available for November. The New Motor Vehicle Sales Survey collects data on monthly sales (in dollars and units) of new motor vehicles in Canada, by type of vehicle and by country or region of manufacture.
Distributions of household economic accounts for income, consumption, saving and wealth of Canadian households, third quarter 2022
This release of the distributions of household economic accounts shows that expenditures and debt rose more than income and assets in the third quarter of 2022, suggesting that increases in the cost of living are having a negative impact on net saving and wealth, especially for more vulnerable households.
Monthly credit aggregates, November 2022
In November, the total credit liabilities of households (including mortgage and non-mortgage loan debt) rose $7.5 billion (+0.3%) to reach $2,811.4 billion. Mortgage (+0.3%) and non-mortgage (+0.2%) loan debt both slowed their pace of growth in November. Real estate secured debt, composed of both mortgage debt and home equity lines of credit, grew $6.3 billion (+0.3%) to reach $2,257.4 billion.
Study: An analysis of Canadian business support programs in response to the global COVID-19 pandemic
With the emergence of COVID-19, Canadian governments at all levels adopted numerous policy initiatives to address the financial challenges businesses faced. Some of these programs were designed to provide wage subsidies, emergency credit and operating funds for businesses, which altogether represented billions of dollars in support.
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