Bank of Canada

Decorative pattern

Economic Indicators

Government to tighten belt: CIBC

Government spending will decline 0.9% in 2013 to 2014—a 0.2 percentage point drag on real GDP growth, finds CIBC. “Our analysis points to yet another drop in real expenditures, with no major offset from planned tax reductions,” says Avery Shenfeld, chief economist at CIBC. Read: Canada’s GDP will grow by 2.6%: RBC He adds although […]

By Staff |August 28, 2012

2 min read

Decorative pattern

Economic Indicators

What’s slowing down Canada?

Canadian economic growth in 2012 will fall short of 2.1%, the Bank of Canada’s original projection.

By Martha Porado |August 8, 2012

2 min read

Decorative pattern

Industry

Infrastructure boost would spur growth: CIBC

If Canada’s growth stalls, the government will be pushed to find fresh ways to spur the economy and fire up investors. The country’s best option, in that case, would be ramping up spending on infrastructure rather than trimming interest rates, says a new CIBC World Markets report. Read: Infrastructure helps weather downturns and Infrastructure spending […]

By Staff |July 30, 2012

2 min read

Decorative pattern

Economic Indicators

Central banks hog the limelight

Last week, every major central bank had something to say. As a result, macroeconomics and monetary policy drove markets.

By Gareth Watson |June 11, 2012

5 min read