Economic Indicators

Rate increase not likely before 2014: Desjardins

Canadian growth has been rather soft so far in 2012 and not much points to a quick rebound. Against this backdrop, a Desjardins Group report questions the relevance of the BoC’s frequent hints at a rate hike. Read: BoC leaves it at 1% It asks, “Can the BoC continue to emit a signal perceived as […]

By Staff |September 26, 2012

1 min read

Canadians aren’t worried about debt

Canadians are alarmingly accepting of debt as a financial strategy. Even though many are carrying record levels of debt, 62% are comfortable with their financial situation, finds a Hoyes Michalos/ Harris/Decima poll. Further, 26% agree their debt levels are higher than one year ago. Read: Debt denial still runs deep Respondents were asked whether they […]

By Staff |September 25, 2012

2 min read

Find yield in down markets

Don’t give up on equities in volatile times, says Barry Morrison, manager of the Renaissance Millennium High Income Fund.

By Martha Porado |September 25, 2012

2 min read

European banks shrink property portfolios

Impeding regulatory changes are forcing European Banks to drastically reduce their exposure to real estate loans. Read: Fitch downgrades 18 banks New rules, which will increase the amount of capital banks are required to hold against commercial property loans, triggered a deleveraging process that could lead to lenders shedding €20 billion ($25.5 billion) worth of […]

By Staff |September 24, 2012

1 min read