immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

David Tulk

David Tulk: The seasonally adjusted index rose to 62.8 from 51.9 in September, far exceeding analysts' expectations for a 51.0. A reading above 50 indicates an increase in the pace of activity. , according to Reuters. The accompanying details, however, were not as optimistic as the headline number would suggest, David Tulk, chief Canada Macro Strategist at TD Securities, wrote in a research note. TORONTO - The pace of purchasing activity in Canada jumped in October, with supplier deliveries returning to growth, according to Ivey Purchasing Managers Index data released on Wednesday. The unadjusted index rose to 64.2 from 59.4. (www.immigrantscanada.com). As reported in the news.