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Planning, risk and strategy in business, businessman gambling placing wooden block on a tower

Corporate leverage at record high, says OECD

And poorer credit quality highlights economic vulnerability

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Investors may be locked in extended low-yield cycle

The risk of a near-term recession remains low, FTSE-Russell's Robin Marshall says

Young business woman suffering stress working at office computer

Debt servicing is better metric for measuring financial risk, report says

The C.D. Howe Institute says financial vulnerability remains low, despite the buildup in household debt

Federal Reserve Building

Trump’s Fed nominee questions the need for the central bank’s independence

Judy Shelton hopes to contribute “intellectual diversity” to the Federal Reserve

At home

Young, well-heeled immigrants drive Canadian housing boom

A new report finds a rebound in housing markets isn’t the result of lax lending standards

Macro close-up of Federal Reserve logo on USA Federal Reserve Note

Republicans and Democrats voice their support for an independent Fed

Donald Trump has called Fed officials “boneheads” for not cutting interest rates further

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U.S. economy stable despite threats of coronavirus: Powell

Analysts say the Fed could keep rates unchanged this year, but some think it will cut rates at least once

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Changes may be coming to mortgage stress test

Economist Benjamin Tal says the test is “suboptimal”

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People with higher incomes are filing for insolvency

A study finds that rising incomes haven’t kept pace with growing expenses for insolvent debtors

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Coronavirus creates uncertainty for OECD

Composite leading indicators point to steady growth, but the data don’t account for the potential effects of the coronavirus

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U.S. added 225K jobs in January

Unusually warm weather led to 44,000 new construction jobs

Businessman looking up at the high building, low angle

Canadian economy beats expectations by adding 34,500 jobs in January

Average hourly wages were up 4.2% compared with a year ago

Real estate growth cart

Home affordability worsens in Q4 2019

Despite the quarterly drop, many urban markets are within historical affordability norms

  • By: Staff
  • February 6, 2020 February 6, 2020
  • 15:40
Man refuel his car on gas station

Canadian households will come out ahead with carbon tax: PBO

An analysis shows most people will receive more in rebates than they pay for the carbon tax

ALASKAJADE / 123RF STOCK PHOTO

Optimism about global economy dims as coronavirus spreads

A new report from DBRS explains how the outbreak has dampened a positive outlook

Emotional Stress, Bankruptcy, Finance

Household debt, insolvencies still rising: Report

Canadian consumers vulnerable to a downturn in the market, says DBRS

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Consumer credit growth surged in December

Mortgage growth was down but remained above average

Oil drilling rig, tanghai county of hebei province oil fields in China

Oil and gas spending to increase by $2 billion in 2020: CAPP

The association attributed the jump to provincial government policies and optimism around new pipelines

Slow profit growth business concept as a snail creating a hole shaped as a financial arrow chart in a leaf by eating the plant as a metaphor for economic slowdown.

U.S. economy grew 2.1% in Q4 2019

Recent growth has been well below the 3.1% surge seen in Q1

Federal Reserve Building is the headquarter of the Federal Reserve System and 12 Federal Reserve Banks, Washington DC, USA

Fed maintains low rate amid threats to global economy

Investors seem increasingly to believe that the Fed will feel compelled to cut rates again later this year

Vancouver skyline panorama at sunset

House prices increase in Vancouver

The increase came after five quarters of declining prices

Young business woman suffering stress working at office computer

Stocks plummet as coronavirus fears spread

Air Canada, which offers flights to Beijing and Shanghai, has seen its stock fall 12%

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Coronavirus making investors jittery: report

Fear is the biggest risk, says Scotia Economics

Florist

Retail sales got a boost in November

The 0.9% increase in sales largely offset the 1.1% decline in October

Toronto skyline in financial district

Chief economist at Scotiabank downplays recession risk

Jean Francois Perrault expects interest rates to fall