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Will the ECB cut rates before the Fed?

The bank's next policy meeting is on Thursday

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Mortgage stress test is now less stressful

The Bank of Canada has lowered its qualifying rate by 20 basis points

Canadian money

Retail sales dip in May on lower grocery and liquor spending

Lousy weather may have contributed

Federal Reserve Building

With a July cut almost assured, how far will the Fed go?

Reports examine central bank approaches to risk and uncertainty

Canadian paper bills in 5 10 and 20 dollars

Inflation hits BoC target of 2%

Gas prices dropped 9.2% in June

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U.S. home construction dips in June

Construction was down 0.9%, and applications for building permits fell 6.1%

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Foreign investment in Canadian bonds surged in May

StatsCan reports foreign holdings of Canadian debt grew by $12.9 billion

  • By: Staff
  • July 16, 2019 July 16, 2019
  • 11:02
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U.S. retail sales figures continue to rise

Sales increased for the fourth straight month, rising 0.4% in June

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June saw slight increase in home sales

Sales were up 0.3% year over year, according to CREA

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Canada’s inflation forecast: On target

Economists weigh in on upcoming data releases

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Most non-bank mortgages are uninsured: StatsCan

Total value of mortgages held by non-bank lenders was $325.5 billion in Q4

  • By: Staff
  • July 12, 2019 July 12, 2019
  • 11:13
Digital World

Global VC market softens, but Canada remains robust

Investment is down slightly in the second quarter, KPMG says

  • By: Staff
  • July 11, 2019 July 11, 2019
  • 12:56
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U.S. inflation remains tame in June amid expectations for Fed rate cut

The consumer price index increased 1.6% in June from a year earlier, the second straight monthly drop

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BoC holds rate, lowers global growth forecast

Trade conflicts and geopolitical tensions contributing to slowdown, central bank says

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Canadians dealing with less income mobility: study

StatsCan says upward and downward mobility have both declined

  • By: Staff
  • July 10, 2019 July 10, 2019
  • 10:51
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Montreal sees spike in luxury home sales

Sales were also up in Toronto, but down in Vancouver and Calgary

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Elderly population growing across the Americas, requiring policy reform: report

Retirement age, pensions and healthcare could all be impacted

  • By: Staff
  • July 9, 2019 July 9, 2019
  • 11:43
Real estate growth cart

Canadian housing starts rise in June: CMHC

The annual pace last month beat economists' expectations

Buildings in financial district in downtown Toronto, Canada

BoC rate announcement to balance domestic data and global uncertainty

The central bank will also release its monetary policy report on Wednesday

  • By: Staff
  • July 5, 2019 July 5, 2019
  • 15:23
Federal Reserve Building is the headquarter of the Federal Reserve System and 12 Federal Reserve Banks, Washington DC, USA

Fed repeats pledge to act to sustain economic expansion

Powell will testify before Congress next week

factory workers

U.S. jobs growth rebounds in June

The country added 224,000 jobs after weak employment growth in May

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Canadian employment declined slightly in June

But average hourly wage growth grew 3.8% year over year

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Average price for Toronto home rose 3% from last year

June sales were up 10.4% from a year ago

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Economic optimism increases among business leaders: CPA survey

Almost one-third of those surveyed were optimistic about the economy

  • By: Staff
  • July 4, 2019 July 4, 2019
  • 14:23
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Strong employment numbers mask concerns over job quality, report says

New jobs aren't adding much to Canada's productive capacity

  • By: Staff
  • July 4, 2019 July 4, 2019
  • 11:40