Home News Economic

Latest news in Economic

Focusing on quarterly numbers may hurt economy: Buffett and Dimon

Investor Warren Buffett and JP Morgan Chase's Jamie Dimon are encouraging public companies to stop predicting their quarterly earnings

Household debt and housing remain key risks for financial system

BoC weighs in on Canada's risks—and associated impacts for GDP

How stocks from mainland China are finding their way into funds and ETFs

Stocks trading in mainland China have long offered one of market’s biggest thrill rides—they’ve roughly doubled in just one year, only to give it all…

Why it’s a tough year for risk assets, fixed income

U.S. stocks could dip as rates, inflation and deficits continue to rise

  • By: Katie Keir
  • June 7, 2018 September 12, 2018
  • 00:00

Private pensions face greater regulatory burden than CPP: Fraser Institute

Private pensions face more regulations, are more complex in their structure and therefore pay higher costs than the CPP, says a study from think tank…

  • By: Staff
  • June 6, 2018 June 6, 2018
  • 00:00

Canada’s trade deficit narrows to $1.9B in April

As a result of rising exports and declining imports, Canada’s merchandise trade deficit with the world narrowed to $1.9 billion in April from $3.9 billion…

Time to discuss stimulus withdrawal: ECB official

A top European Central Bank official said Wednesday that policymakers will begin discussions next week on withdrawing the bank’s bond-purchase stimulus—suggesting the ECB isn’t overly…

Montreal home prices rise; plus, price outlook for vacation homes

Montreal home prices increased in May, while the city hit a record monthly high in home sales. The average home price in Greater Montreal increased…

Causes and effects of Canada’s lower growth

Canada’s growth rate will likely be less than 2% this year, potentially resulting in a slow-moving central bank and a weaker loonie

Pot users who buy legally will generate $4.34B in sales next year: Deloitte survey

Respondents said they're willing to pay more for legal weed

As election day nears, a look at Ontario’s debt

Putting the province's debt and credit rating in perspective

Canada’s job vacancy rate stays at 3% in Q1 2018: CFIB

Canada’s job vacancy rate remained at 3% in the first quarter of this year, says a report from the Canadian Federation of Independent Business (CFIB).…

  • By: Staff
  • June 5, 2018 June 5, 2018
  • 00:00

GTA home sales down 22% in May, but prices remain strong

The Toronto Real Estate Board says May home sales in the Greater Toronto Area were down 22.2% compared with the same month last year. The…

Recession a possibility by end of 2020: U.S. biz economists

A group of top business economists believes the major tax cuts President Donald Trump pushed through Congress will give a significant boost to economic growth…

What strong U.S. growth means for Fed rate hikes

With GDP above potential, could the Fed increase its pace?

  • By: Staff
  • June 4, 2018 June 4, 2018
  • 00:00

Single homes in Vancouver nudge mark where prices can fall: board

Home sales across Metro Vancouver tumbled last month, when compared with May 2017, and the Real Estate Board of Greater Vancouver says the drop in…

External risks more acute for Canada than in recent past: IMF

A new report by the IMF says the external risks facing the Canadian economy are more acute than in the recent past. The agency says…

American manufacturing on 21-month winning streak

The Institute for Supply Management's manufacturing index rose to 58.7 in May

Financial graph on technology abstract background

How Trump’s teaser jobs tweet moved markets

Treasury yields jumped and the value of the dollar increased

U.S. unemployment rate at 18-year low

U.S. employers extended a streak of solid hiring in May, adding 223,000 jobs

Ottawa pledges to protect jobs in Canadian aluminum, steel

During a radio interview, Prime Minister Trudeau said the current U.S. administration has always been "unpredictable"

Canada’s Q1 GDP growth lowest in almost two years

The pace of economic growth in Canada slowed in the first quarter of this year to its lowest rate in nearly two years as housing…

April gain in U.S. consumer spending biggest in five months

Americans boosted their spending by 0.6% in April, the biggest increase in five months, while a gauge of inflation remained at the Federal Reserve’s optimal…

U.S. removes steel, aluminum tariff exemption for Canada, Mexico

Canada has prepared a list of U.S. products that might face retaliatory tariffs

Taxpayers on the hook for federal pension shortfall: report

Why pensions are underfunded and a recommendation for change

  • By: Staff
  • May 31, 2018 September 12, 2018
  • 00:00