Thursday's Canadian Stock Movers

Thursday's Canadian Stock Movers

Assessment

Interactive Video

Business, Performing Arts

University

Hard

Created by

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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.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the inflation data from Statistics Canada suggest about consumer prices?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the term 'disinflationary environment' refer to in the context of the report?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected impact of retail trade on overall growth for the rest of the year?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How did retail sales in October compare to September according to the report?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are contributing to the increase in consumer spending?

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