With digital dollars on the horizon, cash persists
When fear spikes, Canadians still turn to physical cash, RBC says
- By: James Langton
- May 9, 2022 May 9, 2022
- 13:57
When fear spikes, Canadians still turn to physical cash, RBC says
The large, opaque market has filled a void but created new risks that are hard to detect
As the Fed's rate hikes take effect, they will make it increasingly expensive to spend and hire
Some buyers are feeling nervous to wade into the market in case conditions quickly change
Latest data will do nothing to dissuade BoC from tightening path, BMO's Porter says
Many central bank digital currencies are likely to be issued in the "medium" term, BIS reports
Canada is weakest among the G7 in the fourth quarter, as pandemic supports shrink
Limited size and liquidity of crypto market hampers its utility for sanctions evasion
Plus, find out how your firm rated on overall investor satisfaction
The cautious approach will exasperate a global energy crunch
Several countries see double digit inflation as energy prices spike
Only 17% of Canadians said they're likely to invest in cryptoassets as a short-term investment
Deal value jumped 23% last month as activity rose in all regions
Investors are looking for bright spots after April showers
Budget lowballs corporate tax revenue, overdoes contingency funding
Reshaping the global economy will make supply chains more secure and more costly, NBF says
Foreign investment soared above pre-pandemic levels last year, with cross-border M&A up
Plan sponsors must tread carefully ahead, RBC Investor & Treasury Services says
Statistics Canada reported the arts, entertainment and recreation sector added 8.4% to its GDP
Most economists expect a rebound this quarter as solid hiring and wage gains sustain growth
Inflation above 7% in the second half of this year would lead to a monetary policy-induced recession, Scotiabank says