Fast Facts Friday: August 25, 2023

Catch up on the latest facts and read more via the links below in case you missed them this week!

1. Canadian railways transported 28.3 million tonnes of freight in June, down 6.9% from June 2022 and the second consecutive month of year-over-year decline. - The Daily — Railway carloadings, June 2023
2. In May 2023, 15.9 million Canadians or four in five workers were commuting to a location outside their home for work, up from both 2021 (+3.3 million) and 2016 (+457,000). - The Daily — Commuting to work by car and public transit grows in 2023
3. On July 1, 2023, Canadian cattle, hog and sheep inventories were down compared with the same date one year earlier. - The Daily — Livestock estimates, July 1, 2023
4. In June, the number of non-resident visitors to Canada and returning Canadian residents accounted for 83.0% of the number observed in June 2019, before the COVID-19 pandemic. - The Daily — Travel between Canada and other countries, June 2023
5. Retail sales increased 0.1% to $65.9 billion in June. - The Daily — Retail trade, June 2023
6. In 2023, commuting by car was the most popular mode of transportation in Canada, used by 82.6% of all commuters (13.2 million people). - The Daily — Commuting to work by car and public transit grows in 2023
7. During the second quarter of 2023, the Bank of Canada increased its overnight rate by 25 basis points to 4.75%. - The Daily — Quarterly financial statistics for enterprises, second quarter 2023
8. In the first quarter of 2023, Canadian residents took 58.2 million domestic trips, up by 14.7 million from the first quarter of 2022 and 7.3% more than in the same quarter in 2019. - The Daily — National Travel Survey, first quarter 2023