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Blog Feature

Economic News | Alex Carrick | COVID-19

By: Alex Carrick
May 27th, 2020

Since we’re all cautiously emerging from sanctuary, the former title of my articles, written while I was housebound, Notes from the Trenches, no longer applies. Therefore, I’ve chosen a new heading, as you will observe above. It still captures a certain wariness on my part.

Blog Feature

Economic News

The accompanying table records the 10 largest construction project starts in Canada in April 2020. Also included is the latest trend graph on starts. This looks at 12-month moving totals of the civil and nonresidential building categories in Canada.

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Blog Feature

Economic News | Alex Carrick | COVID-19

By: Alex Carrick
May 26th, 2020

There are currently two crises underway simultaneously. The advance of the novel coronavirus is taking a terrible toll in terms of physical and emotional well-being. At the same time, job losses resulting from ‘social distancing’ are sending the economy into a tailspin. To fight on both fronts, governments are advancing rescue packages of never-seen-before dimensions. Every day, the tremendous number of factors in play reconfigure in a new way. These ‘from the trenches’ notes attempt to shed some light along a murky pathway.

Blog Feature

Economic News | Alex Carrick | COVID-19

By: Alex Carrick
May 22nd, 2020

U.S. Home Starts -45% Since January; Canada, -24% The story of the recent deterioration in U.S. and Canadian housing starts can best be told through a series of graphs.

Blog Feature

Economic News | Alex Carrick | COVID-19

By: Alex Carrick
May 22nd, 2020

There are currently two crises underway simultaneously. The advance of the novel coronavirus is taking a terrible toll in terms of physical and emotional well-being. At the same time, job losses resulting from ‘social distancing’ are sending the economy into a tailspin. To fight on both fronts, governments are advancing rescue packages of never-seen-before dimensions. Every day, the tremendous number of factors in play reconfigure in a new way. These ‘from the trenches’ notes attempt to shed some light along a murky pathway.

Blog Feature

Economic News | Alex Carrick | COVID-19

By: Alex Carrick
May 21st, 2020

‘Run of the Mill’ Trade Deficits in March The following seven graphs (and one table) show how the U.S. and Canada performed in foreign trade through the first quarter of this year. Of course, Q1 won’t be setting the pattern for the remainder of the year. The COVID-crisis landed hard on both economies in mid-March, throwing all expectations based on historical precedent out the window.