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Edmonton downtown, James Macdonald Bridge and the Saskatchewan River at night

ATB Financial downgrades Alberta’s growth rate to 0.7%

Challenges come from oil and gas sector, labour market

Where the U.S.-China trade war really hurts

The biggest cost might be to confidence, a CIBC report says

Rippled nature reflection on pond water surface

Climate change is a risk to the financial system, BoC says

The latest financial system review placed climate change alongside the housing market and household debt

Mosaic made by pieces of Canadian banknotes

Foreign investment declines in March, but remains strong for Q1

Investors sold off money market securities and Canadian equities, and added bonds

  • By: Staff
  • May 16, 2019 May 16, 2019
  • 12:18
Modern condo buildings with huge windows in Montreal, Canada.

B.C. launches money laundering inquiry

Commission will deliver an interim report within 18 months

  • By: Staff
  • May 15, 2019 May 15, 2019
  • 16:42
Image of dark night with lightning above stormy sea

Overvalued assets, trade, Brexit pose risks to markets: ESMA

The risk of a correction remains high, the European regulator says

  • By: Staff
  • May 15, 2019 May 15, 2019
  • 12:16
Miniature house on white background

Canadian home sales see first year-over-year increase since 2017

Sales in April were up 4.2%, boosted by Toronto and Montreal

Background of Canadian money: 5,10,20,50,100 dollar bills and coins, loonie, toonie, quarter, dime, nickel, penny

Canadian inflation rises in April; gas prices strengthen from carbon pricing

The consumer price index increased to 2% annualized

Credit card

U.S. consumer prices rose 0.3% in April on higher gas, housing costs

At 2% annualized, inflation is mostly subdued

Worker in protective clothing in factory using machine

Canada’s jobless rate drops in April

The country added 106,500 net jobs last month, the biggest one-month employment surge since 1976

Small white piggy bank sitting on a layer of Canadian twenties bills with a dollar coin (loonie) dropping inside.

One-fifth of young boomers have zero retirement savings

Franklin Templeton study finds 46% of this group would consider postponing retirement

  • By: Staff
  • May 8, 2019 May 8, 2019
  • 14:09
Closeup receipts in paper nail

Economic optimism declines among Canadian accountants: survey

Almost half are taking a "wait and see" approach, the CPA Canada Business Monitor says

  • By: Staff
  • May 7, 2019 May 7, 2019
  • 13:10
Securities and Exchange trending up

HNW investors feel good about global economy: survey

Only 21% reported feeling pessimistic

  • By: Staff
  • May 7, 2019 May 7, 2019
  • 12:16
A young businesswoman protects a house from the elements - rain or storm and sun. Blackboard drawing, top view.

Poloz calls for more options in mortgage products

Innovation would boost flexibility and lower risks in the financial system, the BoC governor said Monday

Background of Canadian money: 5,10,20,50,100 dollar bills and coins, loonie, toonie, quarter, dime, nickel, penny

BoC unlikely to shift monetary policy before federal election: report

NBF predicts the central bank won’t make changes ahead of the vote

  • By: Staff
  • May 6, 2019 May 6, 2019
  • 11:38
Connections system and global datas exchanges on server background 3D rendering

Digital economy eclipsing traditional sectors: StatsCan

High-tech activity contributes more to GDP than sectors such as energy extraction and mining

  • By: Staff
  • May 3, 2019 May 3, 2019
  • 11:12
Hard working craftsman working with planer in a workshop for woodwork. Handsome man with tattoo and beard.

U.S. unemployment at 49-year low after adding 263K jobs in April

The unemployment rate fell to a five-decade low of 3.6% from 3.8%

House bubble

Canada’s housing market no longer ‘highly vulnerable’: CMHC

Vulnerability remains high in certain markets

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

Fed foresees no rate hikes despite ‘solid’ economic activity

The central bank held its benchmark rate, citing low inflation

photo of hands holding pen under document and pressing calculator buttons

Statistics Canada says economy contracted 0.1% in February

Goods-producing and services-producing industries both declined

Financial graphs analysis

Balancing long- and short-term views

Looking at fundamentals isn’t enough

Close-up of payment machine buttons with human hand holding plastic card near by

U.S. consumer spending rebounded in March

Country sees largest monthly increase since August 2009

Parliament buildings at sunset

Despite current surplus, Liberals project $15B deficit in 2018-19

The federal books ran a $3.1-billion surplus through the first 11 months of the fiscal year

hand pulling financial business graph to high growth rate

U.S. Q1 GDP growth of 3.2% beats expectations

For the year, economists believe GDP will expand 2.4%, down from last year's 2.9% gain

Background of Canadian money: 5,10,20,50,100 dollar bills and coins, loonie, toonie, quarter, dime, nickel, penny

BoC holds interest rate, downgrades growth forecast for 2019

The central bank made no mention of a need for future rate increases