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close up, business man or lawyer accountant working on accounts using a calculator and writing on documents

A "perfect storm" drove a drop in household net worth in Q3

Worker in protective clothing in factory using machine

Manufacturing sales flat, new and unfilled order activity softens in November

  • By: Staff
  • January 16, 2023 January 16, 2023
  • 13:58
Canada Day Swearing-in Ceremony for New Citizens stock photo

Canada's population grew more in nine months than in any previous full year

Candle stick graph and bar chart of stock market investment

Foreign investors added corporate debt, while selling provincials, equities

Florist

Gasoline down 2.4%, convenience store sales drop 1.5%

A sign that says "Stock Sell-Off."

Domestic investors added record amounts of foreign bonds

Workers In Family Business Standing Next To Van

Wages up 5.6% from last year, a point below inflation; hiring continues in construction, manufacturing, hotels, restaurants

Coffee Shop owners

Gas sales dropped 14.2%

pension pension or retirement concept with word on business office folder index

Turmoil in global equity markets, weakness in bonds, drives asset drop

House bubble

There was about $1.82 in credit market debt for every dollar of household disposable income