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Fed at July meeting discussed pulling back on bond purchases

Some of the Fed's policymakers have argued that the bond purchases are driving up prices

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Inflation numbers shift focus of election campaign

O'Toole takes aim at Trudeau and Singh over the cost of living

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Forecasting growth amid Covid’s fourth wave

Damage from Delta may be limited, economist says

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Canadian investors piled into U.S. stocks in June: StatsCan

Foreign investors resumed equities buying, parked billions in money markets

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As leverage rises, systemic stress may also be lurking: Fitch

Higher borrowing, overheated housing markets are vulnerabilities

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Home sales continued to cool in July, down 3.5% month over month

The tightening of market conditions tipped a majority of local markets back into seller's market territory

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What to watch for in the federal election campaign

Clients will be interested in tax proposals, though campaigns don't often move markets

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Ontario boosts Covid-19 spending amid uncertainty around variants

The province is putting an additional $2.2 billion toward Covid-19 spending

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Global M&A boom remains relentless

Deal activity to date has already surpassed last year's total, Refinitiv reports

  • By: Staff
  • August 11, 2021 August 11, 2021
  • 14:21
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Fed vs. BoC: Who hikes first?

CIBC's top economist crunched the economic data

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U.S. consumer prices rose in July but at slower pace

Prices have increased a substantial 5.4% compared with a year earlier

Digital World

Economic growth momentum easing, OECD says

Leading indicators signal moderating growth for Canada and the OECD

  • By: Staff
  • August 10, 2021 August 10, 2021
  • 13:52
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Canadian business community largely supportive of vaccine passport system

Quebec will require proof of vaccination to access non-essential services where Covid-19 transmission is high

Federal reserve building, Washington DC. USA.

Fed should start trimming bond purchases, says Democratic senator

A number of Republicans have already criticized the Fed for not beginning to taper

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Unemployment rate at lowest level since March

Yet, July's job gains were seen primarily in Ontario and in the service sector

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U.S. added 943,000 jobs in July

The unemployment rate dropped to 5.4%, as the U.S. economy bounces back

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July housing sales in Toronto down compared to last year, but still above average

The average home price continued to climb

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Home sales slowed last month in Vancouver, Montreal

Price growth has levelled off since the spring after a spectacular rise over the last year

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Calgary home sales slowed in July but still reached a record high: CREB

The average price of a home was $488,501

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European economy grows 2%, ending double-dip recession

The second-quarter growth figure was stronger than the 1.5% foreseen by market analysts

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Economy appears to have grown in Q2, StatsCan says

The early estimate outpaces the Bank of Canada's most recent expectations

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Governments ‘rolling the dice’ on Canada’s fiscal future: report

The C.D. Howe Institute says budget forecasts downplay the risk of rising government debt

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U.S. economy surpasses pre-pandemic size with 6.5% Q2 growth

The economy is expected to expand as much as 7% this year, though a resurgent virus could interfere

Federal reserve building, Washington DC. USA.

Federal Reserve notes improving economy, a step toward easing support

More progress is needed on employment, price stability before tapering bond purchases, Powell says

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

Annual rate of inflation hits 3.1% in June

The result was down slightly from May's high