Market Insights

Decorative pattern

Economic Indicators

For currency plays, look outside U.S.

The loonie’s persistent weakness means the U.S. is less attractive.

By Sarah Cunningham-Scharf |March 16, 2017

2 min read

Decorative pattern

Economic Indicators

Hike gave Fed ‘more breathing room,’ says analyst

Here's a closer look at the U.S. Fed's first hike of 2017.

By Katie Keir |March 15, 2017

6 min read

Decorative pattern

Economic Indicators

Mutual funds, not homes, increase Canadians’ net worth

Home sales hit their highest level since April 2016, gaining 5.2% in February compared to January, reveals statistics from the Canadian Real Estate Association. Read: The solution to Canada’s housing crisis The national average price for a home sold in February was $519,521, up 3.5% from a year ago. Excluding Greater Toronto and Vancouver, the […]

By Staff |March 15, 2017

2 min read

Decorative pattern

Economic Indicators

Toronto homes prove too pricey for top 1%

How ridiculous are Toronto home prices? So ridiculous that even the top 1% of earners are now priced out of the market. Don’t believe it? Douglas Porter, chief economist at BMO Capital Markets, may convert you. Home prices in Toronto rose almost 24% year-over-year in February (using data from the MLS home price index). But […]

By Staff |March 15, 2017

2 min read