The Weekly Review, March 5 to 9, 2018
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Statistics Canada's look at the week
Release date: March 9, 2018
Employment holds steady in February
Employment was little changed in February (+15,000). The unemployment rate declined by 0.1 percentage points to 5.8%. On a year-over-year basis, employment grew by 283,000 or 1.5%.
Cattle, hog and sheep numbers climb in 2017
Canadian farmers had 11.6 million cattle on their farms on January 1, up 0.9% from January 1, 2017. Hog producers reported 14.3 million hogs on January 1, up 2.7% from January 1, 2017, marking a fifth consecutive year-over-year increase. Canadian farmers held 836,900 sheep and lambs on January 1, up 2.8% over the same date in 2017.
Trade deficit narrows in January 2018
Canada's merchandise trade deficit totalled $1.9 billion in January, narrowing from a $3.1 billion deficit in December. Imports decreased 4.3%, mainly due to lower imports of industrial machinery, equipment and parts. Exports fell 2.1%, primarily on fewer exports of passenger cars and light trucks.
Source: Canadian international merchandise trade, January 2018
Performing art companies see profits rise in 2016
In 2016, performing arts companies generated $2.2 billion in operating revenue, up 5.8% from 2014. Operating expenses in this industry group increased by 5.4% during this two-year period to $1.9 billion, resulting in an operating profit margin of 12.0%.
Source: Performing arts, 2016
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