Virus woes to weigh on Q1: RBC
Business restrictions, labour shortages to hamper economic activity
- By: James Langton
- January 7, 2022 January 7, 2022
- 14:30
Business restrictions, labour shortages to hamper economic activity
Unemployment fell to 5.9% in December, not far north of the record 5.4% low in 2019. But omicron could push up the jobless rate this…
ETFs, mutual funds scored record assets last year
Oil prices and consumer goods demand are among the variables that will affect inflation this year, bank economists suggest
However, omicron effects weigh on the outlook
The average selling price rose nearly 18% compared to the prior year
Bank economists predict three interest rate hikes this year starting in April
On a year-over-year basis, bankruptcy numbers still down
Strong equity, M&A markets drove bankers' fees to record highs
Quits were high in the low-wage hotel and restaurant industries
Accommodation and food services are among the sectors leading growth in Canada’s GDP, StatsCan says
The annual increase was the fastest pace in 39 years
AGF Investments VP weighs in on two-day stock market bounce-back
The United States annualized GDP growth, at 2.3% in Q3, was better than the original estimate of 2.1%
Proposed legislation doesn't keep up with a changing securities landscape, the think tank argues
The 1.6% increase in retail sales in October beat estimates of 1%
‘Grim’ outlook for buyers as higher interest rates will add to costs
Opinion: The beneficial change will require coordinated industry efforts
Even before the new variant, only about one-third of small businesses were back to normal sales
As central bank balance sheets swelled, non-banks were overshadowed
ESG-tagged ETFs and ETPs have expanded 84.3% compared with a year ago, a research firm says