Canada: Average weekly earnings rose 1.8% on a yearly basis in September

"Average weekly earnings of non-farm payroll employees were $1,004 in September, little changed from the previous month," Statistics Canada reported and added: "Compared with 12 months earlier, earnings increased 1.8%."

Key takeaways from the press release

  • Non-farm payroll employees worked an average of 32.5 hours per week in September, down from 32.8 hours in August and 32.7 hours in September 2017.
  • The number of non-farm payroll employees was little changed from August to September. 
  • Compared with September 2017, the number of payroll employees rose by 301,400 (+1.8%). 

Canada: Current account deficit narrowed by $6.3 billion in Q3 to $10.3 billion

"Canada's current account deficit (on a seasonally adjusted basis) narrowed by $6.3 billion in the third quarter to $10.3 billion, the lowest level si
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Can the World Trade Organisation (WTO) be fixed? - ING

Due to the split between WTO members and the habit of taking unanimous decisions, analysts at ING think there is little chance of a big overhaul refor
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