The Daily Tuesday, August 6, 2024
Press Release
Canadian international merchandise trade, June 2024
In June, Canada’s merchandise exports increased 5.5%, while imports rose 1.9%. Consequently, after three consecutive monthly deficits, Canada’s merchandise trade balance with the world moved from a deficit of $1.6 billion in May to a surplus of $638 million in June.
Study: Canadian labour force: What happens after the baby boomers retire?
The evolution of the Canadian labour force continues to draw attention, as people born during the baby boom started to reach the age of 65 in 2011 and have progressively been leaving the labour market ever since to retire. These departures have exerted a downward pressure on the labour force participation rate, which reached its lowest level in 20 years in 2023, at 65%.
Canadian international trade in services, June 2024
Canada’s monthly international trade in services deficit widened from $1.0 billion in May to $1.1 billion in June. Overall, imports of services increased 1.6% to $18.3 billion, and exports of services were up 0.6% to $17.2 billion.
Sawmills, May 2024
Lumber production decreased 1.8% from April to 4 475.1 thousand cubic metres in May. Production was up 9.1% from May 2023.
Canadian foreign post indexes, August 2024
Data on Canadian foreign post indexes are now available for August.
IBF4
