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Category: Economy (6 posts)

  • September 2, 2021 @ 4:08 PM
  • Posted by Angela Robinson

Mortgage Costs are Less Than the Rate of Inflation for the First Time in 40 Years

Nobody likes to pay more for their day-to-day living expenses, so last week’s news of July’s eyebrow-raising 3.7 per cent inflation rate caused quite a stir. According to Statistics Canada

  • November 16, 2016 @ 12:28 PM
  • Posted by Marc Crossman

What's Next for President Elect Donald Trump?

A populist uprising that has very disturbing elements of racism, xenophobia, misogyny and isolationism has taken Donald Trump to the White House–a man with no experience in government or pu

  • November 4, 2016 @ 11:13 AM
  • Posted by Marc Crossman

Canadian Jobs Blew Through Estimates, But Devil Is In the Details

      Canadian employment rose 44,000 (+0.2%) in October--much stronger than expected. But all of the gain was because of more part-time work, as full-time employment fell. T

  • April 9, 2016 @ 11:08 PM
  • Posted by Marc Crossman

CANADA JOBS REPORT DWARFS FORECASTS

Following three months of little job growth, economists expected to see a modest 5,000 increase in employment in March. The jobless rate was forecast to hold steady at 7.3%, matching the highest level

  • March 1, 2016 @ 10:29 PM
  • Posted by Marc Crossman

Q4 GROWTH AT 0.8% BOOSTS 2015 TO ONLY 1.2%

Today’s stronger than expected fourth quarter GDP figure of 0.8% annualized growth did little to assuage concerns that the Canadian economy is growing well below potential. Many expected gr

  • January 20, 2016 @ 11:16 AM
  • Posted by Marc Crossman

BANK OF CANADA DOES NOT CUT RATES

In an evenly divided call by market analysts, the Bank of Canada maintained its target for the overnight rate at 1/2 percent. The Bank said that inflation prospects are largely as expected and th