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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…

U.S. retail sales rose at robust 0.5% annual rate in July

Americans shopped at a healthy pace in July, buying more cars, clothes and appliances, evidence that confident consumers are helping drive robust economic growth. Retail…

Candle stick graph chart of stock market investment trading

Why Turkey’s currency is plunging—and the global fallout

Turkey's currency and stock market kept on falling Monday

U.S. consumer prices climbed 2.9% in July

Most of July's increase in consumer prices came from higher housing costs

Unemployment rate drops to four-decade low in July

The July jobless rate was 5.8%, down from 6% the previous month

U.S. on track for biggest annual deficit in 6 years

The federal government racked up a US$76.9 billion deficit in July

Housing starts decline in July after busy June: CMHC

Canada Mortgage and Housing Corp. says there was a slowdown in housing construction starts in July, following a near-record high in the previous month. The…

Saudi Arabia reportedly directing selloff of Canadian assets

According to a report by Financial Times

World currency

How U.S. dollar, trade talks are affecting currencies

Currencies are moving based on both fundamentals and trade disputes

  • By: Katie Keir
  • August 8, 2018 September 12, 2018
  • 00:00

Pace of U.S. consumer borrowing slowed in June

Americans increased their borrowing in June at the slowest annual pace in three months as the level of credit card debt fell slightly. The Federal…

Canadian exports surge while U.S. trade deficit widens

Canada’s merchandise trade deficit with the rest of the world shrank dramatically in June to $626 million, the smallest in 17 months, while the U.S.…

Toronto home sales climb 18.6% in July, Vancouver sales plunge

Vancouver home sales tumbled to their lowest level in 18 years

BoE raises interest rate in face of Brexit strife

Economists expect caution in the months ahead

Fed keeps key rate unchanged while signalling future hikes

The Federal Reserve is leaving its benchmark interest rate unchanged while signalling further gradual rate hikes in the months ahead as long as the economy…

Rural road. the route Transportation damaged.

Tips for infrastructure investing as rates rise

Key factors for analyzing infrastructure, beyond interest rate movements

Economy grows by 0.5% in May, beating expectations

The Canadian economy grew by 0.5% in May, amid solid growth in both domestic and export-oriented sectors, reports StatsCan. The 0.5% month-over-month increase was two…

  • By: Staff
  • July 31, 2018 July 31, 2018
  • 00:00

Does your client need help with home equity?

Housing data reveal potential challenges for clients

Younger, middle-class households to bear brunt of rate hikes

A newly released federal analysis says younger, middle-income households will feel the biggest impacts from the Bank of Canada’s gradual move towards higher interest rates.…

U.S. economy surges to 4.1% growth rate in Q2

The U.S. economy surged in the April-June quarter, growing at an annual rate of 4.1%. That’s the fastest pace since 2014, driven by consumers who…

Why Canada is struggling to attract foreign investment

Canada’s ability to attract foreign direct investment (FDI) faces serious headwinds, says a report from the C.D. Howe Institute. “Foreign Direct Investment in Canada—The Case…

  • By: Staff
  • July 26, 2018 July 26, 2018
  • 00:00

ECB will keep interest rates low into next year

The European Central Bank is stressing that interest rates will stay low well into next year even as the U.S. Federal Reserve is expected to…

What’s behind consumption trends in China

Hong Kong also had a positive outlook, though interest rate developments are worth watching

  • By: Katie Keir
  • July 25, 2018 September 12, 2018
  • 00:00