The Daily Friday, September 11, 2020
National balance sheet and financial flow accounts, second quarter 2020
National net worth, the sum of national wealth and Canada’s net foreign asset position, edged up $13.7 billion from the previous quarter to $12,656.7 billion in the second quarter.
Industrial capacity utilization rates, second quarter 2020
Canadian industries operated at 70.3% of their production capacity in the second quarter, down from 79.8% in the previous quarter. This was the lowest rate since the first quarter of 1987, when the industrial capacity utilization rates, in their present form, were first published. This dip was due to a slowdown in most sectors following the physical distancing measures imposed in mid-March to stop the spread of COVID-19.
Weekly update: Canadian Economic Dashboard and COVID-19
The “Canadian Economic Dashboard and COVID-19” presents selected indicators to help monitor the impact of the pandemic on economic activity in Canada.
Industrial Product Price Index: Flash estimates, August 2020
According to flash estimates, the Industrial Product Price Index edged up 0.1% in August, its fourth consecutive month of growth.
Leading indicator of cross-border traveller volume, August 2020
August 2020 marked the fifth consecutive full month of restrictions on non-essential travel at the Canada–US border. As a result, cross-border travel both ways remained low.
Retail Commodity Survey, June 2020
After three consecutive year-over-year declines, retail sales rose 4.8% in June 2020 to $56.9 billion. Higher sales were reported in 13 of the 19 commodity categories.