MNI: China CFETS Yuan Index Down 0.85% In Week of Mar 7

MNI: PBOC Net Drains CNY0.5 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Higher At 7.1733 Mon; -0.60% Y/Y

MNI China Press Digest March 10: Labour, Exports, CPI

MNI BRIEF: Daly Says Fed Can Be 'Careful and Deliberate'

MNI BRIEF: Fed Kugler Eyeing Inflation Persistence Over Growth

MNI: US JAN CONSUMER CREDIT +$18.1B

MNI: BAKER HUGHES US RIG COUNT 592; OIL RIGS 486; GAS RIGS 101

BAKER HUGHES CANADA RIG COUNT 234; OIL RIGS 170; GAS RIGS 64

GERMANY: Union/SPD Migration Alignment After Turmoil Threatened Debt Deal (BILD)

GERMANY: Official Interim Election Results Tilt Towards Missing BSW & FDP

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Record Population Growth Continues In Third Quarter

CANADA DATA
  • "Canada's population was estimated at 40,528,396 on October 1, 2023, an increase of 430,635 people (+1.1%) from July 1. This was the highest population growth rate in any quarter since the second quarter of 1957 (+1.2%)" Statistics Canada says Tuesday.
  • "Canada's total population growth for the first nine months of 2023 (+1,030,378 people) had already exceeded the total growth for any other full-year period since Confederation in 1867, including 2022, when there was a record growth."
  • "In the third quarter of 2023, the vast majority (96.0%) of the population growth was due to international migration."
  • Bank of Canada has focused more on the implications of population gains for inflation, saying that while new workers boost the economy's potential output there are some signs of short term pressures on housing costs.
  • Government recently moved to scale back some short-term student visas amid political pressure over housing costs while saying it's committed to more immigration overall.
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
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MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
Homepagemarkets-real-timeBulletMarketsFixed Income BulletsForeign Exchange Bullets

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