The Daily Thursday, January 29, 2026
Press Release
Canadian international merchandise trade, November 2025
In November, Canada’s merchandise exports fell 2.8%, while imports edged down 0.1%. As a result, Canada’s merchandise trade deficit with the world widened from $395 million in October to $2.2 billion in November.
Distributions of household economic accounts for income, consumption, saving and wealth of Canadian households, third quarter 2025
The income gap increased in the third quarter of 2025 as lower income households were negatively affected by declining interest rates and self-employment income. The wealth gap grew as strong financial market gains benefited the wealthiest.
Canadian international trade in services, November 2025
Canada’s monthly international trade in services balance went from a surplus of $0.4 billion in October to an essentially balanced position in November (+$11 million). Overall, exports of services declined 1.5% to $19.8 billion while imports rose 0.5% to $19.8 billion.
Payroll employment, earnings and hours, and job vacancies, November 2025
The number of employees receiving pay and benefits from their employer—measured as “payroll employment” in the Survey of Employment, Payrolls and Hours—decreased by 26,200 (-0.1%) in November, following an increase of 11,900 (+0.1%) in October. On a year-over-year basis, payroll employment was up by 48,300 (+0.3%) in November.
Aircraft movement and civil aviation statistics, November 2025
Major Canadian airlines flew 6.5 million passengers on scheduled and charter services in November, down slightly (-0.3%) from November 2024.
Monthly estimates of business openings and closures, October 2025
In October, the business opening rate dropped by 0.3 percentage points to 4.5%, following a slight increase of 0.1 percentage points in the previous month. The opening rate was 0.2 percentage points below its 2015-to-2019 historical average. The decrease in the opening rate was driven by the 0.2 percentage point decline in the re-opening rate (2.9%), while the entry rate (1.7%) was relatively unchanged.
Production and disposition of tobacco products, December 2025
Canadian manufacturers produced 746 million cigarettes in December 2025, down 32.4% from November 2025. Cigarette production was 2.5% higher compared with December 2024.
Consulting Services Price Index, fourth quarter 2025
The Consulting Services Price Index (2018=100) is now available for the fourth quarter.
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