Economic Indicators

B.C. budget forecasts $5.5B deficit Fallback Image Decorative pattern

Economic Indicators

B.C. budget forecasts $5.5B deficit

A three-year climate fund will support ongoing disaster cleanup and rebuilding in southern B.C. communities hit by last November's floods and mudslides

By Dirk Meissner, The Canadian Press |February 23, 2022

3 min read

U.S. interest rates should rise steadily from March: NY Fed president Fallback Image Decorative pattern

Economic Indicators

U.S. interest rates should rise steadily from March: NY Fed president

John Williams, president of the Federal Reserve Bank of New York, sees no ‘compelling argument to take a big step at the beginning’ of steady rate hikes

By Stan Choe, The Associated Press |February 18, 2022

3 min read

Canadian retail sales dropped 1.8% in December Fallback Image Decorative pattern

Economic Indicators

Canadian retail sales dropped 1.8% in December

Sales dropped in eight of 11 subsectors including furniture, down 11.3%

By The Canadian Press |February 18, 2022

1 min read

Return to normal may imperil financial stability, FSB warns Return to normal may imperil financial stability, FSB warns

Economic Indicators

Return to normal may imperil financial stability, FSB warns

The combination of leverage with rising real estate and other asset valuations is a vulnerability

By James Langton |February 17, 2022

2 min read

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