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View the Archive..February 03, 2023HOUSING OWNED AS INVESTMENTS, 2020 Statistics Canada has released new data from the Canadian Housing Statistics Program that reports on the ownership of residential properties as investments.
Of Nova Scotia's 444,990 residential properties in 2020, the largest number were single-detached houses (296,165), followed by vacant land (81,605 properties) and multi-unit dwellings (25,305). ...
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February 03, 2023HALIFAX BUSINESS CONDITIONS: JANUARY 23 - JANUARY 29, 2023 Statistics Canada has released real-time local business conditions from January 23 to January 29, 2023. Throughout this article, reference dates mean the start of the week. Note that these data are not adjusted for seasonality and changes may simply reflect regular seasonal patterns.
From August 10 of 2020 to the week starting January 23, 2023, the local business conditions index for Halifax has increased by 87.7%. In percentage terms, White Rock, Regina and ...
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February 03, 2023US EMPLOYMENT, JANUARY 2023 The US Bureau of Labor Statistics reports today that US non-farm payroll employment increased by 517,000 in January 2023.
The US unemployment rate declined 0.1 percentage points to 3.4%. US employment has been above pre-COVID levels since August 2022, though the participation rate in the labour force remains lower. &n...
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February 02, 2023BUILDING PERMITS, DECEMBER AND ANNUAL 2022 Month over month (seasonally adjusted, Dec 2022 vs. Nov 2022)
Changes in monthly building permit values are typically very volatile, with large swings from one month to the next.
Nova Scotia's total building permits (residential and non-residential) increased 9.0% to $210.9 million. Halifax permits increased 6.7% to $115.3 million. Outside th ...
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February 02, 2023EUROPEAN CENTRAL BANK MONETARY POLICY The European Central Bank (ECB) raised the three key ECB interest rates by 50 basis points. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will be increased to 3.00%, 3.25% and 2.50% respectively, with effect from 8 February 2023.
Given the underlaying inflation pressures, the Governing Council noted that it intends to raise interest rates by another 50 basis points at its next moneta...
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