Benign outlook for Canada’s banks in 2022: Fitch
The sector faces cross-currents and several risks to growth
- By: James Langton
- December 9, 2021 December 9, 2021
- 12:42
Leading indicators point to growth peaking in the months ahead
A change to the Bank of Canada's mandate represents an undervalued risk
Institutional investors ready to move on from Covid as inflation tops portfolio risks
Colliers released its 2022 global outlook report on Wednesday
An OECD study suggests that supporting aging populations remains a central challenge
The jobless rate is still above the pre-pandemic level, however, despite recent gains
The bank maintained its guidance that rates aren't expected to rise until sometime between April and September
The average salary increase for women at SMEs was 5.3% in 2021, while men received 10.3%
Business owners' investment plans and sales expectations exceed pre-pandemic levels, the research says
While responsible investment assets and products have proliferated, knowledge gaps and other concerns affect investor interest
Inflation, economic recovery and job market seen to be driving the Fed
Franklin Templeton experts predicted where they see inflation and interest rates going
The median price of a single-family home reached $525,000
Total exports grew 6.4% to a record $56.2 billion
Model forecast jumps on recent robust readings
The U.S. economy still remains under threat from a spike in inflation, shortages of labour and supplies
Declining unemployment and rising job vacancies could lead to worsening labour shortages or skill mismatches
Spending was more than three times what was planned, an FP Canada survey found
Prices hit an all-time high
Both business and consumer insolvency figures were lower