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MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI: US NOV IMPORT PRICES +0.1%

MNI: CANADA Q3 INDUSTRIAL CAPACITY UTILIZATION RATE 79.3%

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Q4 Business Income +2.7%, Second Quarterly Increase

CANADA DATA
  • Canada Q4 corporate income +2.7% to +CAD165B after +4.7% in Q3.
  • Financial sector +6.8%; securities and commodity exchanges and portfolio management contributed most to the sector gain.
  • Non-financial sector +1.2%, other wholesalers' recorded the largest gains. Motor vehicle manufacturing partially offset the increase as US strikes harmed production.
  • Report is another sign next Thursday's Q4 GDP report will show growth as BOC estimated output had stalled.
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