Growth outlook negative, inflation fears easing: ECB
Central bank's survey finds consumers' income, inflation expectations declining
- By: James Langton
- February 28, 2025 February 28, 2025
- 14:06
Central bank's survey finds consumers' income, inflation expectations declining
Latest StatCan survey finds inflation pressure is the top concern
The result compared with a deficit of $23.6B for the same period a year earlier
The red ink is mainly driven by an expected drop in oil prices, looming U.S. tariffs and a promised tax break for Albertans: minister
The bank's profit amounted to 76 cents per diluted share for the quarter ended Jan. 31
U.S. consumers cut back sharply on spending in January
Real GDP rose 2.6% on an annualized basis in Q4: StatCan
Agency issues opinion indicating that crypto novelties don't fall under securities law
Move allows more time to deal with operational, regulatory issues
Consumers and businesses hold off on big spending decisions ahead of expected U.S. tariffs
China leads global drop, Canada down too, defying rich country rise
Total labour demand increased in 2024, vacancy rate rises too
U.S. President Trump has at times contradicted himself about his own tariff plans
The S&P/TSX composite index rose 58.63 points to 32,058.73
The central bank issued a summary of its overnight-rate deliberations earlier this month
Americans’ assessments of their current economic situation tumbled: survey
Retail investors targeted by so-called investment groups on social media
The increase is part of an effort to beef up anti-money laundering measures
Accountant allegedly found assets used to lure investors to schemes
The pension fund is investing up to US$1.05 billion
Plus, promotions at Harvest and Ontario Teachers' Pension Plan Board
High-profile firms and their clients were targeted in 2025
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations
More than 300 new products landed in 2025 — a new record