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#Canada

Employment Change (Mar) -32.6K Forecast 10.4K
Unemployment Rate (Mar) 6.7% Forecast 6.7%
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GDP (MoM) (Jan) 0.4% Forecast 0.2%
GDP (MoM) (Feb) 0.0% Previous 0.4%
Wholesale Sales (MoM) (Feb) 0.4% Previous 1.2%
Core Retail Sales (MoM) (Jan) 0.2% Forecast -0.1%
New Housing Price Index (MoM) (Feb) 0.1% Forecast 0.0%
Retail Sales (MoM) (Jan) -0.6% Forecast -0.4%
Retail Sales (MoM) (Feb) -0.4% Previous -0.6%
RMPI (MoM) (Feb) 0.3% Forecast -0.3%
Core CPI (Y) 2.7% Previous 2.1%
Core CPI (M) 0.7% Previous 0.4%
CPI (M) 1.1% Forecast 0.6%
Housing Starts (Feb) 229.0K Forecast 246.0K
Building Permits (MoM) (Jan) -3.2% Forecast -5.3%
Employment Change (Feb) 1.1K Forecast 19.7K
Unemployment Rate (Feb) 6.6% Forecast 6.7%
Trade Balance (Jan) 3.97B Forecast 1.40B
Ivey PMI (Feb) 55.3 Forecast 50.6
Labor Productivity (QoQ) (Q4) 0.6% Forecast 0.6%
GDP (QoQ) (Q4) 0.6% Previous 0.5%
GDP (YoY) (Q4) 2.36% Previous 1.88%
GDP (MoM) (Dec) 0.2% Forecast 0.2%
GDP Annualized (QoQ) (Q4) 2.6% Forecast 1.9%
Current Account (Q4) -5.0B Forecast -3.2B
Wholesale Sales (MoM) (Jan) 1.8% Previous -0.2%
Core Retail Sales (MoM) (Dec) 2.7% Forecast 1.7%
Retail Sales (MoM) (Dec) 2.5% Forecast 1.6%
New Housing Price Index (MoM) (Jan) -0.1% Forecast 0.1%
RMPI (MoM) (Jan) 3.7% Forecast 2.4%
Central Garden & Pet Company has announced executive compensation updates and the results of its 2025 Annual Meeting of Shareholders. The company's Compensation Committee approved cash bonus payments for fiscal 2024, updating the Summary Compensation Table with new figures for named executive officers. Notable adjustments include performance-based stock awards and salary increases for several executives.

The company also conducted its annual shareholder meeting on February 12, 2025, where ten directors were elected to serve until the next annual meeting. Additionally, shareholders ratified Deloitte & Touche LLP as the independent auditor for the fiscal year ending September 27, 2025. A proposal to amend the company’s Certificate of Incorporation to include an officer exculpation provision was withdrawn before the meeting.

Voting results indicate strong support for the director nominees, with Randal D. Lewis receiving the highest votes, while Christopher T. Metz faced the most opposition. The audit firm ratification was approved with minimal dissent.
Core CPI (MoM) (Jan) 0.4% Previous -0.3%
Core CPI (YoY) (Jan) 2.1% Previous 1.8%
CPI (MoM) (Jan) 0.1% Forecast 0.1%

Canada's annual inflation rate edged up to 1.9%, slightly higher than December's 1.8%, primarily due to increased energy costs, notably gasoline and natural gas. The Consumer Price Index (CPI) rose by 0.1% month-over-month, aligning with forecasts. Core CPI, which excludes volatile items, increased by 0.4% from the previous month, reversing December's 0.3% decline, and reached 2.1% year-over-year, up from 1.8%. This uptick was partially offset by a temporary GST/HST tax break on certain goods and services, leading to a 0.6% annual decrease in food prices, the first decline since May 2017. The Bank of Canada, having recently cut its key policy rate to 3% amid concerns over potential U.S. tariffs, is closely monitoring these inflationary trends.
GDP (MoM) (Nov) -0.2% Forecast -0.1%
Wholesale Sales (MoM) (Dec) 0.1% Previous -0.2%
New Housing Price Index (MoM) (Dec) -0.1% Forecast 0.2%
Core Retail Sales (MoM) (Nov) -0.7% Forecast 0.1%
Retail Sales (MoM) (Nov) 0.0% Forecast 0.2%
Core CPI (YoY) (Dec) 1.8% Previous 1.6%
Core CPI (MoM) (Dec) -0.3% Previous -0.1%
CPI (MoM) (Dec) -0.4% Forecast -0.7%
CAD Wholesale Sales (MoM) (Nov): -0.2% Forecast: -0.6%