Canadian retail sales climbed in February as consumers spent more at pharmacies and department stores.
Canadian wholesalers posted a second straight month of gains in February, led by increased shipments of motor vehicles.
Canadian consumer confidence surged to the highest in more than three years amid rising optimism over the outlook for real estate and the economy.
Canada’s inflation rate rebounded in March as rising energy prices triggered the biggest gain in shelter costs in more than three years.
Foreigners increased holdings of Canadian securities in February, led by bonds issued by government agencies such as Canada Mortgage & Housing Corp.
Canadian factory sales rose in February to the highest level since before the last recession on gains in transportation and energy, while unfilled and new orders posted their biggest advances since at least 1992.
Early signs of an economy moving toward full economic health probably won’t be enough to prompt Bank of Canada Governor Stephen Poloz to alter the stance of monetary policy today.
Consumer sentiment in Quebec rose the most in more than nine months after the primarily French- speaking province voted out the separatist Parti Quebecois in an election last week.
Canada’s new home price index rose 0.2 percent in February led by gains in Calgary, the government’s statistics agency said.
National Bank of Canada Chief Executive Officer Louis Vachon said Quebec must prove its economy can grow at the same rate as the country’s if it wants to improve a deteriorating business climate.