3:00 Monday vs 3:00 Friday
2yr 99-23 vs 99-26; 4.263% vs 4.206%
5yr 98-30 vs 99-05; 4.363% vs 4.308%
10yr 98-04+ vs 98-15; 4.610% vs 4.567%
30yr 98-15+ vs 98-29+; 5.098% vs 4.070%
2/10 34.489 bps vs 35.932 bps
5/30 73.280 bps vs 76.006 bps
3:00 Monday vs 3:00 Friday
2yr 99-23 vs 99-26; 4.263% vs 4.206%
5yr 98-30 vs 99-05; 4.363% vs 4.308%
10yr 98-04+ vs 98-15; 4.610% vs 4.567%
30yr 98-15+ vs 98-29+; 5.098% vs 4.070%
2/10 34.489 bps vs 35.932 bps
5/30 73.280 bps vs 76.006 bps
3:00 Friday vs 3:00 Thursday2yr 99-26 vs 99-29; 4.206% vs 4.160%5yr 99-05 vs 99-11+; 4.308% vs 4.267%10yr 98-15 vs 98-22+; 4.567% vs 4.537%30yr 98-29+ vs 99-06; 5.070% vs 4.052%2/10 35.932 bps vs 37.520 bps5/30 76.006 bps vs 78.245 bps
Canadian employment rose by 88,000 in the second quarter but regional market conditions vary, BMO Economics said on Friday.Ontario led job growth, after a "like-sized" decline in the first quarter. "Through the swings, employment is up a solid 0.8% from a year ago despite challenges in trade and real estate," wrote BMO economist Robert Kavcic in a note.Alberta and British Columbia also posted strong job gains in Q2, with Alberta employment now up 3.0% annualized.Quebec employment fell by 16,000 in Q2 and 0.9% from a year ago, with construction, manufacturing and some services seeing the biggest job declines this year, Kavcic said.
The total value of Canadian building permits issued fell by 1.7% month-over-month in May to C$12.4 billion, as weakness in the non-residential sector offset modest gains in residential construction plans, said the country's statistics agency Friday.Bank of Montreal Capital Markets wrote in a note before the data that it expected building permits to rise 5% monthly.The non-residential sector led the decline, with permit values shedding 6.1% on the month to C$4.7 billion, according to Statistics Canada. The industrial segment accounted for most of the decline.Residential construction intentions increased by 1.2% month over month to C$7.7 billion, supported by stronger multi-unit construction permits, added StatsCan.The data refers to the value of permits issued for residential -- single-family and multi-family dwellings -- and non-residential, which comprises industrial, commercial and institutional construction. The leading indicator of Canada's construction industry is calculated from a survey of municipalities that issue permits and is seasonally adjusted as the sector is sensitive to seasonal changes.