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Infoline is BC Stats’ free information bulletin. Published since 1995, it has become an essential tool for executives, managers, analysts, libraries, businesses and media. It is our most widely distributed and timely review of statistical releases and events that shape or describe the economic and social fabric of British Columbia.

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  • Issue 16-163

    Payroll Employment, Earnings and Hours

    Average weekly earnings received by B.C. employees increased 0.8% (seasonally adjusted) in June. Labour income in the province has been trending up in 2016. B.C workers earned an average of 1.7% more per week than in June of last year.

    Labour income advanced in every part of the country in June, but the biggest increases occurred in Nova Scotia (+1.6%) and Alberta (+1.7%). Quebec (+1.1%), Newfoundland and Labrador (+1.3%) and P.E.I. (+1.5%) were the only other regions to post an increase of more than one percent.

    Data Source: Statistics Canada

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  • Issue 16-162

    Corporations

    Canadian corporation profits continued to slide in the second quarter, falling 3.4% (seasonally adjusted). Although financial service industries did not fare well (-12.1%), profits in other industries edged up 0.9%. Strength in wholesale and retail trade played a big role in the increase in the non-financial sector, whereas profits in the energy, manufacturing and transportation sectors declined. The decrease in the financial sector was primarily attributable to a drop in profits for insurance carriers – a direct result of a high volume of disaster claims mainly due to damage caused by the Fort McMurray wildfire in May.

    Data Source: ...

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  • Issue 16-161

    Wholesale Sales

    Revenues generated by wholesalers in British Columbia climbed 2.0% (seasonally adjusted) in June, marking the third consecutive monthly boost.

    At the national level, wholesale sales inched ahead 0.7%, bolstered by strength in the four most populous provinces. Gains were most notable in Alberta (+3.0%) and B.C. (+2.0%), while Ontario (+0.8%) and Quebec (+0.2%) posted more modest increases. All other provinces saw sales weaken in June.

    Data Source: Statistics Canada

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  • Issue 16-160

    Consumer Price Index Highlights

    British Columbia’s consumer price index (CPI) climbed 2.1% (unadjusted) in July, compared to the same month of the previous year. This marks a small increase in the year-over-year rate of inflation since June, when it was 2.0%.

    According to Statistics Canada, the overall annual inflation rate of 2.1% increases to 2.7% when energy is excluded from the index, and decreases to 2.0% when food is excluded.

    The overall cost of food rose by 2.2% since July of last year, with the cost of both groceries purchased from stores (+1.8%) and meals purchased from restaurants (+3.1%) increasing. The ...

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  • Issue 16-159

    Retail Sales

    Sales by retailers in the province edged up (+0.2% seasonally adjusted) in June, mirroring a 0.1% decrease the previous month. Nationally, retail sales stalled for the second consecutive month, slipping 0.1% to $44.1 billion. Store owners in Quebec (-0.8%) and Nova Scotia (-0.8%) saw the most significant declines, while Saskatchewan (+2.1%), and New Brunswick (+1.8%) were the only provinces in which retailers posted gains exceeding 1.0%.

    Data Source: Statistics Canada

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  • Issue 16-158

    Employment Insurance

    The number of British Columbians receiving regular employment insurance (EI) benefits dropped 2.1% (seasonally adjusted) in June, to 50,180, continuing on a downward trend that began in August 2015. The number of beneficiaries in British Columbia was 5.8% lower than in June 2015.

    Nationally, there was little change (+0.1%) in the number of EI recipients in June. P.E.I. saw the largest increase, with the number of beneficiaries climbing 6.5%, followed by New Brunswick (+5.5%) and Nova Scotia (+1.0%). Additional provinces also posted slight increases, but others, including most of western Canada, saw the number of beneficiaries decline, offsetting ...

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  • Issue 16-157

    Visitor Entries

    Visitor entries into Canada via B.C. climbed (+0.9%, seasonally adjusted) in June. Fewer Americans (-1.3%) crossed the border but June saw more tourists come to B.C. from overseas locations (+7.9%), mainly as a result of an increase in travellers from Asia (+14.5%).

    Nationally, visitor entries to Canada were up slightly (+0.5%) from the previous month, as non-U.S. (+4.6%) visits rose. Alberta (+9.0%) and Quebec (+1.3%) carried a large share of the traveller influx.

    Data Source: Statistics Canada

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  • Issue 16-156

    Manufacturing Sales

    B.C. manufacturing sales continued to seesaw in June, inching down 0.4% (seasonally adjusted) following a 1.1% rise in May. A decrease (-1.5%) in shipments by manufacturers of non-durable goods was largely the result of a downturn in the paper industry (-8.3%), where sales have been on the decline this year, and in chemical products (-2.0%). Food manufacturers posted an increase of 1.0%, while shipments by producers of beverages and tobacco (+0.6%) were also up.

    In the durables sector, sales climbed 0.6%. The machinery industry jumped (+3.5%) and manufacturers of furniture (+3.3%) and computer and electronic products (+2.7%) also ...

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  • Issue 16-155

    Price of New Housing

    The cost of new housing in B.C.’s two biggest cities continued to climb in June. The new housing price index in Victoria was 2.8% higher than in June 2015, and prices in Vancouver rose 5.2%. The climb was due to rising prices for new houses, as land values were unchanged in both cities.

    Among the Canadian cities surveyed, Toronto/Oshawa (+6.2%) posted the strongest year-over-year increase in new housing prices, followed by Vancouver and St. Catharines-Niagara (+4.9%). The national average was 2.5%.

    Data Source: Statistics Canada

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  • Issue 16-154

    Housing Starts

    Housing starts in B.C.’s urban centres (10,000+ population) were down 14.5% (seasonally adjusted annual rate) in July, joining a Canada-wide slowdown (-9.9%) in the number of housing starts. Notable exceptions to the national trend were Alberta (+8.6%), Saskatchewan (+29.1%) and Manitoba (+65.5%).

    Data Source: Canada Mortgage and Housing Corporation (CMHC)

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