Thursday's Canadian Stock Movers

Statistics Canada reports a mixed economic outlook for Canada. Inflation is weaker, which benefits consumers but may indicate economic slack. Retail sales, however, are stronger than expected, with significant spending in BC and Ontario. This spending is driven by larger benefit checks and tourism. The strong retail numbers could boost GDP growth to around 2% annualized in the final quarter of 2016.

What was the general economic picture for Canada in November according to Statistics Canada?

• Strong inflation and strong retail sales

• Weak inflation and strong retail sales

• Strong inflation and weak retail sales

• Weak inflation and weak retail sales

Which category experienced the largest price decline in 20 years?

• Gasoline prices

• Jewelry prices

• Clothing store prices

• Food prices

What is the potential concern economists have about the disinflationary environment?

• It indicates a strong economy

• It suggests more slack in the economy

• It leads to higher consumer spending

• It results in increased GDP growth

What was the total consumer spending in October?

• $30 billion

• $45 billion

• $40 billion

• $50 billion

Which provinces led the charge in consumer spending?

• Manitoba and Saskatchewan

• British Columbia and Ontario

• Alberta and Quebec

• Nova Scotia and New Brunswick