Take Stock – December 16

The composite leading index rose by 1.3 per cent in November, equalling the largest of its six straight increases.

Leading indicators rise 1.3 per cent in November

The composite leading index rose by 1.3 per cent in November, equalling the largest of its six straight increases. Statistics Canada reports the advance was led by household demand, while the recovery of demand in the United States gave a boost to manufacturing in Canada. Growth was widespread — for the first time in over two years none of the 10 components declined.

The housing index rose 2.5 per cent, its seventh straight gain. The leading indicator of the United States advanced 0.7 per cent, its sixth straight increase. Manufacturing in Canada continued to improve in response to the gradual upturn in export demand, with new orders gaining for the second time in four months.

The ratio of shipments to inventories increased for the fourth consecutive month, with an upturn in shipments reinforcing a steady decline in inventories. Services employment increased 0.3 per cent, its first advance in over a year.

New vehicle sales up 3.5 per cent in October: Statscan

New motor vehicle sales increased 3.5 per cent to 133,559 units in October after rising in September.

October’s sales were 3.2 per cent lower than October 2008. Preliminary industry data indicate that the number of new motor vehicles sold decreased seven per cent in November. A 7.6 per cent gain in sales of North American-built passenger cars contributed to most of October’s increase.

The number of overseas-built passenger cars sold increased by 2.3 per cent, more than offsetting the decline in September.

Sales of new trucks (which include minivans, sport-utility vehicles, light and heavy trucks, vans and buses) rose for a fourth straight month, up 1.6 per cent to 65,558.

Just Posted

Police say a woman in the Red Deer area may be in danger

Public’s assistance is urgently requested

Cannabis legalization won’t impact one Red Deer pot dispensary

Nothing changes for Compass Cannabis Clinic in Red Deer despite legalization

Cannabis retail store will open later in October in Red Deer

Two cannabis stores coming to downtown Red Deer

Neighbours drop opposition to Red Deer County communications tower

Communication tower to be located in Balmoral Heights

Legal cannabis comes with many unknowns: Red Deer County councillors

Councillors question how rural municipalities will be able to enforce cannabis regulations

WATCH: Two weeks away from Canadian Finals Rodeo in Red Deer

In just two weeks, Ponoka’s Shayna Weir will compete with the best… Continue reading

Wickenheiser, Pegula reflect NHL’s trend toward diversity

BUFFALO, N.Y. — With a laugh, Kim Pegula’s competitive nature kicked in… Continue reading

Harry and Meghan bring rain to drought-stricken Outback town

DUBBO, Australia — The Duke and Duchess of Sussex were jokingly thanked… Continue reading

TV Review: A Roseanne Barr-less ‘The Conners’ is a triumph

NEW YORK — Can there be a “Roseanne” without Roseanne? The answer… Continue reading

Canadian manufacturing sales fell 0.4 per cent in August: Statistics Canada

OTTAWA — Statistics Canada says manufacturing sales fell 0.4 per cent to… Continue reading

Brian Mulroney joins board of directors of New York-based pot company

NEW YORK — Former prime minister Brian Mulroney is joining the board… Continue reading

Canadians waking up to legalized cannabis: ‘My new dealer is the prime minister’

ST. JOHN’S, N.L. — Canadians across the country woke up to legalized… Continue reading

B.C. man accused of swimming naked in Toronto shark tank arrested in Thunder Bay

THUNDER BAY, Ont. — Police have arrested a B.C. man who is… Continue reading

‘Start low, go slow’: Experts walk bud beginners through cannabis 101

With the countdown to cannabis legalization Wednesday ticking towards 4-20, some novice… Continue reading

Most Read