Banff National Park trends northwest to southeast along the line of the Canadian Rockies between Alberta and British Columbia. Its terrain is largely rugged and mountainous, a sizable portion of it consisting of high alpine peaks of the Main Ranges section of the Rockies, particularly in its western section along the Continental Divide. Most of the rest of the land is designated as subalpine or montane landscape and lies in the Front Ranges.
Retail sales reached $68.7 billion in June, a decrease of 3.0% compared with the same month one year earlier. Lower sales were reported in 13 of the 18 commodity classes.
Statistics Canada's look at the week.
In 2022, the median family after-tax income of Canadians was $60,800, up by 2.5% from 2021, before adjusting for inflation. Adjusted for an annual rate of inflation of 6.8%, the 2022 median family after-tax income was 4.0% lower than in 2021.
In June, the total credit liabilities of households rose 0.2% (+$7.4 billion) to reach $2,962.4 billion. Real estate secured debt, composed of both mortgage debt and home equity lines of credit, grew 0.2% (+$5.5 billion). Household mortgage debt increased 0.2% (+$5.0 billion), a deceleration compared with May (+0.3%). In June, the policy interest rate decreased 25 basis points to 4.75%, the first change since July 2023.
In June, the number of urban transit passenger trips in Canada totalled 125.8 million, more than 82% of the June 2019 level, before the COVID-19 pandemic.9.
Canadian investors increased their exposure to foreign securities by $16.4 billion in June, mainly in US shares. Meanwhile, foreign acquisitions of Canadian securities slowed to $5.2 billion in June, down from significant investments in the previous two months.
In July, the preliminary number of international arrivals to Canada by air and automobile increased 6.5% from July 2023.
The latest data from the Canadian Survey on Business Conditions indicate that, in the second quarter of 2024, about one in seven (14.1%) businesses across Canada were impacted to some degree by natural disasters or weather-related emergencies in the 12 months prior to the survey.
Fewer employees working in the agricultural sector in 2021.
