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Still room for optimism in this bull market

Many investors are concerned with the length of the current economic expansion

  • By: Sharon Ho
  • September 5, 2018 September 12, 2018
  • 00:00
Condo buildings in downtown Montreal

Housing affordability worsens for 12 straight quarters: National Bank

Canadian housing was less affordable in Q2 for the twelfth straight quarter as mortgage interest rates continued to rise, National Bank said on Tuesday. The decline in…

  • By: Staff
  • September 4, 2018 September 4, 2018
  • 17:11

Government panel calls for tax overhaul to fund social finance projects

A government-struck panel is telling the Liberals that federal coffers should dole out hundreds of millions in new spending to unleash unconventional ways of financing…

Extreme Closeup of New Polymer Twenty Dollar Bills

BoC rate announcement, jobs data coming this week

In the absence of significant changes to the economic picture, the Bank of Canada is expected to hold the interest rate on Wednesday, while the U.S.…

  • By: Staff
  • August 31, 2018 August 31, 2018
  • 17:39
American dollars

U.S. consumer spending rises for sixth straight month

U.S. consumer spending rose a solid 0.4% in July

U.S. economy grew at a brisk 4.2% annual rate in Q2

The U.S. economy grew at a strong 4.2% annual rate in the second quarter, the best showing in nearly four years, as growth stayed on…

U.S., Mexico reach trade ‘understanding’ to overhaul NAFTA: Trump

Editorial note: This story was updated at 2:30 pm EST to add that Canada’s foreign affairs minister will head to Washington to join NAFTA negotiations.…

Investing outlook as U.S.-China trade tensions continue

As global trade tensions continue to take centre stage, there are three events to monitor when it comes to U.S.-China relations, in particular. In a…

  • By: Staff
  • August 27, 2018 August 29, 2018
  • 15:36

Optimism in Canadian automotive sector despite Trump tariff threats

A potential trade deal between the U.S. and Mexico has been greeted with cautious optimism in the Canadian automotive sector despite renewed threats by U.S.…

Canadians’ cannabis spending increases 1.2% in Q2

For investors interested in cannabis, StatsCan figures provide insight on consumption and retail prices, which are increasing and decreasing, respectively. Read: Finding value amid the…

  • By: Staff
  • August 27, 2018 August 29, 2018
  • 09:08
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GDP and other data to look for this week

Upcoming data to watch from the U.S., Canada and Europe

  • By: Staff
  • August 24, 2018 August 31, 2018
  • 17:01
Macro close-up of Federal Reserve logo on USA Federal Reserve Note

Fed’s Powell hints at road ahead for rate hikes

Powell signalled Friday that he expects the Fed to continue gradually raising interest rates if the U.S. economic expansion remains strong

An American flag

Many Americans doubt effectiveness of tax cuts, tariffs: poll

Fewer than half of Americans expect President Donald Trump's tariffs to do much to help the U.S. economy

Why clients could soon access a lot more real estate data

The Supreme Court of Canada has refused to hear an appeal from the country’s largest real estate board that would have prevented its members from…

Record bull run? Time to help clients prepare for the worst

The economy is growing, the stock market is soaring and unemployment remains low. It’s the perfect time to prepare for the worst. Financial planners know…

U.S. banks made record $60B in profits in Q3

U.S. banks set a record by making more than $60 billion in profits in the second quarter, federal regulators said Thursday, up more than 25%…

Retail sales fall in June, but GDP remains on track

Economic data released Wednesday shed little light on the Bank of Canada’s next move and don’t alter forecasts for second-quarter GDP, a CIBC economist said.…

  • By: Staff
  • August 22, 2018 August 22, 2018
  • 00:00

Autos contribute to June wholesale sales drop

Statistics Canada says wholesale sales fell 0.8% in June to $63.1 billion. The drop came as the motor vehicle and parts subsectors saw sales drop…

Inflation hits 3% in July, upper end of BoC target

Economists had expected a year-over-year inflation rate of 2.5%

U.S. housing starts up slightly in July in face of high costs

U.S. housing starts ticked up just 0.9% in July, a sign that higher construction costs might be weighing on homebuilders. The Commerce Department said Thursday…

Manufacturing sales rise 1.1% in June, boosted by oil and coal

Canadian manufacturing sales rose more than expected in June, boosted by a 16% surge in oil and coal shipments. Statistics Canada said Thursday manufacturing sales…

Why markets are worried about Turkey’s economy

Its economy is smaller than Florida's

British inflation rate rises to 2.5% in July

The inflation rate in Britain has picked up, keeping a squeeze on households facing the uncertainty of Brexit. Official figures released Wednesday show that consumer…

National home sales tick higher in July, but housing hurdles remain

The effect of new stress tests introduced this year for mortgage applicants may be fading slightly as national home sales rose in July. Home sales…

  • By: Staff
  • August 15, 2018 August 15, 2018
  • 00:00

U.S. productivity grew at strong 2.9% rate in Q2

U.S. productivity grew at an annual rate of 2.9% in the second quarter, the fastest pace in more than three years, while labour costs actually…