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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
CANADA DATA
- The Canadian population jumped 0.9% non-annualized in the three months to Jul 1, its strongest Q2 increase since the 1950s.
- It meant the year-ago pace accelerated to 2.9% Y/Y (in the press release, 3.0% in the StatsCan data file) from a downward revised 2.7% Y/Y in Q1 vs the previously reported 3.1%.
- It’s the “highest population growth rate recorded for a 12-month period since 1957 (+3.3%), during the Hungarian refugee crisis and at the height of the baby boom.”
- 98% of the 1.16mln increase in population over the past year came from immigration, 60% of which is non-permanent.
- Gov Macklem's mostly neutral remarks on population growth from back in July: "Rapid population growth is contributing to both supply and demand in the economy. Newcomers to Canada are entering the labour force, easing the labour shortage. But at the same time, they add to consumer spending and demand for housing."
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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