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Canada Q1 Business Profits +0.6% But Split Between Finance And Others

CANADA
(MNI) OTTAWA
  • Statistics Canada says financial sector profits +4.9% and non-financial sector -1.2%. 
  • Total profits have been relatively flat since the second half of 2021.
  • Other wholesalers industry led weakness including a decline in farm products. Also declines in petroleum and coal and railway freight.
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  • Statistics Canada says financial sector profits +4.9% and non-financial sector -1.2%. 
  • Total profits have been relatively flat since the second half of 2021.
  • Other wholesalers industry led weakness including a decline in farm products. Also declines in petroleum and coal and railway freight.