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  • Building permits, November 2021

    From statcan.gc.ca

    The total value of building permits increased 6.8% to $11.2 billion in November. Seven provinces, led by Alberta (+20.6%) reported increases. Construction intentions in the residential sector rose 12.0% while the non-residential sector declined 3.4%. On a constant dollar basis (2012=100) building permits increased 6.3% to $7.6 billion. Construction intentions for the residential sector increased 12.0% to $7.8 billion at the national level, reaching the highest level since the record set in March 2021. Growth in the sector was driven mostly by British Columbia (+31.7%). The total value of multi-family permits bounced ... (full story)

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    ADP US National Employment Report: Private Sector Employment Increased by 807,000 Jobs in December

    From prnewswire.com|Jan 5, 2022|15 comments

    Private sector employment increased by 807,000 jobs from November to December according to the December ADP® National Employment Report. Broadly distributed to the public each ...

    Turkish lira faces a rocky new year as inflation hits 19-year high and could go higher

    From cnbc.com|Jan 5, 2022

    Turkey’s lira tumbled again overnight over rising inflation fears, with markets showing little faith in President Recep Tayyip Erdogan’s promises that the worst of the country’s ...

    ECB ready to raise rates, cut stimulus if necessary: Kazaks

    From @DeItaone|Jan 5, 2022|7 comments

    tweet at 7:18am: *ECB READY TO RAISE RATES, CUT STIMULUS IF NECESSARY: KAZAKS *ECB WILL TAKE ACTION IF INFLATION OUTLOOK PICKS UP, KAZAKS SAYS tweet at 7:19am: * ECB'S KAZAKS SAYS EARLY 2023 RATE HIKE IS `POSSIBLE SCENARIO'

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    New Housing Price Index, November 2021

    From statcan.gc.ca|Jan 5, 2022

    Nationally, new home prices increased 0.8% in November—continuing the string of monthly increases since May 2020. Prices were up in 16 of the 27 census metropolitan areas (CMAs) ...

    Rates Spark: No Covid rally for bonds

    From think.ing.com|Jan 5, 2022|1 comment

    Elevated inflation is not a new story, but the Fed is an evolving one. An accelerated taper, and a quick step towards rate hikes is on the menu for 1Q and 2Q. That's not a "next ...

    EUR/GBP Price Outlook: EURGBP Grinds Lower after EU PMI Disappoints

    From dailyfx.com|Jan 5, 2022

    The Euro continues its downward spiral against other major currencies as the European Central Bank (ECB) maintains a cautious and flexible approach to monetary policy, in stark ...

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  • Story Stats
  • Posted: Jan 5, 2022 8:30am
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 0  /  Views: 477
  • Linked event:
    CAD Building Permits m/m
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