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OECD urges rich nations to share vaccines to even up growth

The organization modestly downgraded its growth forecast for this year

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Labour shortage surged in Q2: StatsCan

Job vacancies, vacancy rate at record levels last quarter

  • By: Staff
  • September 21, 2021 September 21, 2021
  • 12:54
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What another Liberal minority means for clients

A re-elected Liberal government could go after bank profits and move ahead with taxes on the wealthy

Federal reserve building, Washington DC. USA.

Fed likely to signal a coming pullback in economic support

This week’s policy meeting could lay the groundwork for an announcement

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Biden faces limits of $1.9-trillion Covid-19 aid as some states resist

White House officials harbour frustrations over the slow pace of distributing money for some of its programs

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Fitch downgrades GDP forecasts amid supply woes

Shortages crimp global growth, cloud Canada's outlook

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Economic growth across G20 slowed in second quarter, OECD says

Large differences were observed between countries

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Inflation rate rises to 4.1% in August, highest since 2003

Supply-chain disruptions helped drive the price growth

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CREA lowers home sales forecast, but nudges average price higher

Tight supply is driving the increase in housing costs

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U.S. consumer prices rise 0.3% in August, lowest in 7 months

The lower-than-expected reading should ensure the Fed leaves its interest rate unchanged at next week's meeting

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Economic growth still bright, but dimming: OECD

Leading indicators see weakening in still-strong recoveries

  • By: Staff
  • September 14, 2021 September 14, 2021
  • 12:03
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As Delta wanes, risks to global recovery ease: Moody’s

Cases are still rising in Canada, but they're starting to fall elsewhere

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Economic recovery remains a bumpy ride

RBC cuts 2021 provincial forecasts, despite positive momentum in most regions

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Corporate rating upgrades outnumber downgrades this year: Fitch

Last year, public health restrictions resulted in almost 20% of corporate ratings receiving a downgrade

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Households stacked cash, mortgage debt in Q2

Mortgage borrowing jumps amid low rates, tougher rules

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Canada adds jobs for third consecutive month

The economy added 90,000 jobs in August, while the unemployment rate fell to 7.1% for the month

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Scotia slashes GDP forecast amid supply constraints

Disruptions prove more significant than expected, as demand remains robust

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BoC plans to hike rates before reducing bond holdings

The timing of an interest rate increase depends on the economic recovery

Workers continued to return in July: OECD

However, the jobless rate remains elevated during the pandemic

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Minority households twice as likely to face financial hardship: StatsCan

Overall share of households in Canada reporting financial difficulty has declined during the pandemic

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Clients don’t understand RESPs, poll suggests

About half of Canadian parents use the savings tool, a Canada Life survey finds

  • By: Staff
  • September 9, 2021 September 9, 2021
  • 11:49
Financial technology(fintech) and world economy

Are European equities on the rise?

After a sluggish start, the recovery is gathering steam

Federal reserve building, Washington DC. USA.

Fed survey finds growth ‘downshifted’ in summer due to Covid

The U.S. economic pullback reflects concerns about the delta variant

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Wealth gap narrowed in 2020: StatsCan

Canada's poorest households saw increases in their income, net worth

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Outlook for reinsurers improves post-pandemic

Rising prices, economic recovery support sector’s earnings

  • By: Staff
  • September 7, 2021 September 7, 2021
  • 14:44