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OTTAWA 鈥?Canadian manufacturing sales fell 2.0 per cent to $52.4 billion in August, weighed do
stanley termoska wn by a drop in the transportation sector, Statistics Canada said Friday.The decline followed three consecutive months of strong increases, the agency said.The decline was disappointing, but not surprising, said TD Bank economist Omar Abdelrahman 鈥?economists on average had expected a decline of 1.4 per cent for the month, according to financial data firm Refinitiv. ARTICLE CONTINUES BELOW Similar to exports for the month, manufacturing was largely driven by the giveback in transportation product sales following a stronger-than-usual performance in July, Abdelrahman wrote in a report.Canadian exports fell 1.0 per cent to $44.9 billion as exports of motor vehicles and parts fell 6.8 per cent in August. ARTICLE CONTINUES BELOW Excluding transportation equipment, manufacturing sales rose 1.1 per cent.Abdelrahman said the latest reading on the economy comes amid rising COVID-19 infections and renewed 鈥?albeit more targeted restrictions 鈥?in several provinces. ARTICLE CONTINUES BELOW This wil
stanley termosky l likely weigh on demand growth in the fourth quarter. The road ahead remains long and bumpy, Abdelrahman wro
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Locally-owned and -operated businesses are the social, cultural and economic heart of a community. Unfortunately, this past year has left many unsure if they can continue. In this week-long series, we look at the vital role local businesses play in our communities,
stanley uk the financial pressure they are under due to COVID-19, and what we can do to help them survive.Studies have shown that dollars spent with locally-owned businesses recirculate through the community between three and seven times, multiplying the benefits for residents over and over again.Not only that, but these companies create thousands of job opportunities throughout the region, and provide a plethora of unique, locally-sourced products. ARTICLE CONTINUES BELOW Small enterprises are certainly a driving force behind the regions economy, with the latest employment survey data showing that over 95 per cent of Halton companies are considered small businesses, meaning they have between one and 99 employees. Of those, almost 40 per cent are micro-enterprises with one to four staff members.Those local neighbourhood shops repr
stanley cup esent more than just a place to buy and sell goods and services. ARTICLE CONTINUES BELOW Theyre always someones dreams and someones livelihood, people who are taking considerable risk to put themselves out there to try to create a
stanley cups good life for themselves, their family and their communities, said Rocco Rossi