Q2 growth remains sluggish in OECD
All G7 countries are now at, or above, pre-pandemic output levels
- By: James Langton
- August 29, 2022 August 29, 2022
- 13:06
All G7 countries are now at, or above, pre-pandemic output levels
More declines from recent highs are likely, but prices should remain above pre-pandemic levels
Office vacancies rose along with residential rents, Morguard says
Powell's message may disappoint investors who were hoping for a signal that the Fed might soon moderate its rate increases
Labour and cost challenges ebbed slightly in August
The economic contraction meets one informal sign of recession
The improvement stemmed from the economy moving from recovery to steady growth
Weak financial markets pushed down wealth management revenue
A strong labour market, excess savings and pent-up demand will shield many households
Mortgage growth slows as housing markets cool
Illicit activity holds up well in the face of crypto's decline
Economic forecasts have been revised down much more than stock prices imply
The industrial category saw the highest investment dollar volume in Q2
Uptick in business bankruptcies just the tip of the iceberg, CFIB says
Concerns about a recession have been eased, for now, by the ongoing strength of the job market
Much of the bond selling was seasonally driven, National Bank said
However, food prices at grocery stores rose at the fastest pace since August 1981
New alternative minimum tax, buyback levy, to hit large oil & gas firms hardest, Moody's says
A CIBC report examines Covid effects
Many other funds struggled amid tumultuous global markets
Much of the cooldown has been attributed to rising interest rates
Revenues held up, but expenses rose too, cutting earnings