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Worker shortage hit record level in March: StatsCan

As services sector reopens, employers face tight labour markets

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Global home price rise slows: BIS

Home prices are up 27% since the financial crisis

  • May 26, 2022 May 26, 2022
  • 15:02
Recession of stock market

Moody’s lowers world growth forecasts

Russia, China weigh on global GDP predictions

  • By: Staff
  • May 26, 2022 May 26, 2022
  • 14:45
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Retail sales essentially unchanged in March: StatCan

New car sales dropped 5.9% but Canadians spent more on building materials and garden supplies

Federal reserve building, Washington DC. USA.

Federal Reserve officials signal rates may head to “restrictive” levels

Meeting minutes suggest half-point increases may be appropriate ahead

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ECB sees financial stability under growing threat

Economic, financial fallout from Russian invasion is driving increased risks

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GDP growth ground to a halt in Q1: OECD

Output turned negative in several major economies amid supply challenges

  • By: Staff
  • May 24, 2022 May 24, 2022
  • 13:34
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Consumer sentiment in Canada posts biggest drop since pandemic onset amid inflation

A new survey by the Conference Board of Canada indicates consumer confidence decreased 11.7 points in May

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Crypto adoption poses risks to emerging markets

Shift to crypto could boost financial inclusion, but may weaken monetary policy efficacy

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Household debt rises in the face of rate hikes

Credit card debt rises for second straight month, outpacing mortgage growth

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Inflation could be back on track next year, CIBC report says

Certain factors will assist monetary policy

  • By: Staff
  • May 19, 2022 May 19, 2022
  • 16:41
Performance Metrics

Economy faces a reset, not a recession: TD

Rising rates will raise debt costs, curb spending, slow housing markets — but strengths persist

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Housing price pressures ease in April: StatsCan

Record levels of construction continue to push new home prices higher year over year

Gas flaring. Torch against the sky.

Quitting Russian gas would spell recession in Europe

The path to greater energy security won't be quick

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Despite still-soaring inflation, return to ’70s unlikely

Reduced energy intensity, credible monetary policy tempers threat, BIS says

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Canadian inflation hit 6.8% in April

With pasta prices up nearly 20%, the annual CPI increase hasn’t been this high since 1991

stock markets falling

Canada sees “unprecedented” flows from international securities transactions in March

Foreign investors moved $30.3 billion into Canadian bonds


Retail sales rose in April despite inflation

"The U.S. consumer now appears to be single-handedly keeping the global economy afloat," economist said

risky move

Spending shift, business investment to help inflation fight

But risk of recession remains, CIBC's Tal says

Real estate growth cart

Ranking the risk to mortgage markets

Australia is most exposed to higher rates, a Fitch report said, while Canada ranked fourth

  • By: Staff
  • May 16, 2022 May 16, 2022
  • 14:38
House bubble

Canadian home sales down in April as mortgage rates rise

CREA said typical discounted five-year fixed rates have leaped from about 3% to 4% in a month

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EU cuts forecast for economic growth as war’s fallout widens

Inflation in the 19 countries that share the euro currency hit 7.5% in April

Man refuel his car on gas station

Emerging markets face net-zero challenges too: Moody’s

Large increase in sustainable investment needed for developed markets to meet climate goals

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Business insolvency filings up nearly 34%

Rising interest rates and inflation could push insolvencies even higher in the coming months

Digital World

Social risks rise alongside inflation: Moody’s

Countries in the Middle East and Africa face unrest amid rising food, energy costs