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Canadian and International Merchandise trade, November 2012
Data just released by Statistics Canada reveals Canada’s merchandise imports rose 2.7% in November, while exports decreased 0.9%. As a result, Canada’s trade deficit with the world widened substantially from $552 million in October to $2 billion in November.
Imports rose to $39.5 billion, as volumes increased 2.2%. Electronic and electrical equipment and parts led the gain in overall imports, followed closely by motor vehicles and parts as well as metal and non-metallic mineral products. Exports declined to $37.5 billion, as prices were down 1.3%. Exports of farm, fishing and intermediate food products as well as metal and non-metallic mineral products contributed the most to the overall decline.
Exports to the United States grew 3.9% to $28.3 billion. Imports from the United States rose 1.7% to $25 billion, the third consecutive monthly increase. Consequently, Canada’s trade surplus with the United States increased from $2.7 billion in October to $3.3 billion in November. Exports to countries other than the United States fell 13.4% to $9.2 billion, the lowest level since September 2010. Imports rose 4.6% to $14.5 billion bringing Canada’s trade deficit with countries other than the United States from $3.2 billion in October to a record $5.3 billion in November.
Imports up due to higher volumes
Imports of electronic and electrical equipment and parts rose 5.6% to $4.6 billion, with widespread increases recorded throughout the section. Imports of communications and audio and video equipment (+14.2%), primarily cellular telephones led the gain. Registering their first increase in five months, imports of motor vehicles and parts grew 3.5% to $6.9 billion in November. Higher imports of motor vehicle engines and motor vehicle parts (+4.1%) and passenger cars and light trucks (+4.0%) accounted for most of the monthly gain. Imports of metal and non-metallic mineral products increased 6.8% to $3.7 billion and imports of unwrought precious metals and precious metal alloys were up 14.4%. Imports of basic and industrial chemical, plastic and rubber products grew 6.7% to $3.2 billion while basic chemicals imports rose 20.1% in November. Imports of energy products decreased 3.7% to $3.5 billion, as volumes fell 4%. Imports of refined petroleum energy products, mainly motor gasoline, fell 13.2%.
Farm, fishing and intermediate food products lead the decline in exports
After reaching a record high in October, exports of farm, fishing and intermediate food products fell 14.6% to $2.3 billion, as widespread declines were registered throughout the section. Leading the overall decline were exports of canola (-32.5%) and other crop products (-15.7%). Exports of metal and non-metallic mineral products decreased 7.6% to $4.2 billion. The main contributor to the decline was unwrought precious metals and precious metal alloys, as volumes fell 24.3%. Following four consecutive monthly decreases, exports of motor vehicles and parts grew 6.6% to $6 billion, with passenger cars and light trucks accounting for most of the gain ( + 8.8%).
Exports of basic and industrial chemical, plastic and rubber products increased 7.5% to $2.7 billion with lubricants and other petroleum refinery products (+26%) and dyes and pigments and petrochemicals (+26.1%) leading the gain.
How about our neighbors South of the border ?
Statistics just out by the U.S. Census Bureau reveal that the United States international trade deficit in goods and services increased from $42.1 billion in October to $48.7 billion in November , as imports increased more than exports.
Geographically, the U.S. goods deficit with China decreased from $29.5 billion in October to $29 billion in November. Exports decreased $0.2 billion (primarily nonferrous metals and oilseeds and food oils) to $10.6 billion, while imports decreased $0.7 billion (primarily apparel and footwear) to $39.5 billion.
The goods deficit with Canada increased from $1.7 billion in October to $3.3 billion in November. Exports decreased $1.2 billion (primarily generators, passenger cars, and electric apparatus) to $24.7 billion, while imports increased $0.1 billion (primarily fuel oil) to $27.7 billion.
The goods deficit with Mexico increased from $4.4 billion in October to $4.9 billion in November. Exports decreased $1.6 billion (primarily petroleum products, computer accessories, and soybeans) to $18.8 billion, while imports decreased $1.1 billion (primarily crude oil, automotive parts and accessories, and computers) to $23.7 billion.
And how about Canada’s trade with Sweden ?
Regarding trade with Sweden, Canadian exports went from $26 million in September, up to $30 million in October and up again to $45 million in November. Canadian imports from Sweden, on the other hand, went from $308 million in September, up to $341million in October and down to $276 million in November. Our bilateral trade remains heavily in favour of Sweden, with peaks and valleys and it will be interesting to see its evolution in the months ahead.
Christian Sivière Import Export Logistics Solutions TM, Montréal Christian.email@example.com All Rights Reserved January 2013
Sources : Statistics Canada, U.S. Census Bureau
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SWEDISH PIANIST CARL PETERSSON TO PERFORM GRIEG PIANO CONCERTO
Conductor Kerry Stratton and the TCO Present Works By Grieg, Dag Wiren, Larsson and Halvorsen
On Monday, November 5, world-renowned pianist Carl
Petersson makes his Toronto debut with conductor Kerry Stratton and the Toronto
Concert Orchestra in a performance of Edvard Grieg’s Piano Concerto in A minor, Op. 16.
The evening’s program pays tribute to four of Scandinavia’s most prolific composers of
classical music including Dag Wirén’s Serenade for Strings, Lars-Erik Larsson’s Pastoral
Suite Op. 19 and Johan Halvorsen’s Entry of the Boyars.
About Carl Petersson:
Born in 1981 in Lund, raised in Helsingborg, Sweden, Carl Petersson started to play piano at the age of fifteen. Ten years later he graduated from the Royal Danish Academy of Music in Copenhagen. Petersson has been awarded four scholarships to the Tel-Hai International Piano Master Classes and has performed worldwide throughout Sweden, Denmark, Poland, France, Czech Republic, Germany and Israel.
Competition awards for Petersson include a first prize award at the 24 Chopin Piano Competition at Antonin, Poland, The Isman Family Prize in Israel in 2005, 2nd prize at the Steinway Festival in Copenhagen, and in 2008 Carl received the Helsingborg Cultural Award for his recording of Flotow’s Piano Concertos. In 2009, Petersson made his North American debut with the West Coast Symphony in Vancouver, Canada and the Carson City Symphony, USA.
|Registration Printable Floor Plan (PDF) The Tradition 2011 Slide show|
The Swedish Canadian Chamber of Commerce cordially invites you to our
Annual Lucia Celebration
Fairmont Royal York Hotel, Concert Hall
November 30 2012
Glögg reception at 11.30 A.M Seating at 12,00 P.M
Come enjoy a traditional Swedish Christmas buffet, accompanied by the obligatory singing of Schnapps songs, an over the top Raffle. Be moved by Santa Lucia and her maids as they sing traditional Lucia carols.
The Lucia Luncheon continues until all the prizes have been given out in the very popular Lucia raffle! This year we are introducing the “RED TICKET” draw for an extraordinary surprise prize.
This is the perfect event to invite your business acquaintances, friends and family to join in the heartfelt, atmospheric afternoon filled with good food, fun filled raffle away from daily routines.
No more worries of what gift to give your friends, business associates or employees for Christmas. Treat them to a unique – TASTE OF SWEDEN!
Date: November 30 2012
Time: 11.30 P.M. – 3 P.M.
Location: Fairmont Royal York, Concert Hall, 100 Front Street Toronto, ON
Dresscode: Casual Business
Contact: Marie Larsson. firstname.lastname@example.org 416-925 8661
No cancellations after November 15, 2012.
Tables of 8 – 10 – 12 can be reserved and tickets to be paid online, by cheque, or any major credit card prior to the event.
New this year! All Early Bird Table reservations can choose your table on a first come first serve basis. Please click here for floor plan.
Sweden 360: Explore Swedish design and lifestyle at the Boiler House Oct 17th
Experience products and food from a selected group of Sweden’s most exciting premium brands at a special event at the Boiler House Oct 17th.
“Torontonians will have the chance to try, taste, feel the products and meet the people behind some of Sweden’s most reputable brands namly Hästens beds, Volvo cars, linen from Ekelund, Kitchen appliances from Electrolux, Eton shirts, diningware from Gense, Gustavsberg china, Salming underwear, Mackmyra whisky and a number of Swedish craft beer producers!” says Rebecka, project leader at the Swedish Trade Council.
The Swedish Trade Council and the Swedish Embassy will invite decision makers working in related industries as well as prominent journalists to a day-event. At night time a broader public consisted of food and design lovers enthusiastic to learn and experience Swedish lifestyle will be invited. Read more about the event here: “Bringing Swedish lifestyle to Toronto”
There will be a very limited number of tickets available for the three course sit down dinner prepared by Swedish chef Erik Brännström, priced at 80CAD each. Contact Agata to make your reservation, Agata.Leszkiewicz@swedishtrade.se
Any questions about the event itself or participating companies? Send an e-mail to Rebecka.email@example.com or call +1 416 922 8152 ext. 226
|Registration Printable Floor Plan (PDF) The Tradition 2011 Slide show|
Here are a couple of interesting links where you can learn more about this festive tradition that dates back as far as 304 c.e.
The Lucia tradition can be traced back both to St Lucia of Syracuse, a martyr who died in 304, and to the Swedish legend of Lucia as Adam’s first wife. It is said that she consorted with the Devil and that her children were invisible infernals. Thus the name may be associated with both lux (light) and Lucifer (Satan), and its origins are difficult to determine. The present custom appears to be a blend of traditions.
To read more please visit: http://www.sweden.se/eng/home/lifestyle/traditions/celebrating-the-swedish-way/lucia/
The Festival of Santa Lucia
The festival of Santa Lucia begins before dawn, on the thirteenth of December, which under the old Julian calendar (used in Sweden before 1753) was Christmas Day and the longest night of the year. Throughout Sweden, the eldest daughter in each household comes to her sleeping parents, dressed in a long white gown tied with a red sash, and wearing a crown of lingonberry leaves in which are set seven lighted candies.
In her hands she carries a tray of steaming hot coffee and “Lussekattor” (Lucia Buns). The procession includes her sisters and brothers also dressed in white, holding lighted candles, and singing of the light and joy of Christmas.
Read more here: http://www.newsweden.org/luciahistory.htm