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