Outcome of tight election won’t change much for Canada’s economic policy: DBRS
From a credit perspective, the "broad contours" of each party's economic policies are similar, a report says
- By: Mark Burgess
- September 7, 2021 September 7, 2021
- 13:16
From a credit perspective, the "broad contours" of each party's economic policies are similar, a report says
New listings for the month totalled 4,487
A National Bank of Canada analyst assesses North American wage and salary trends
There was a 19.9% drop in the number of Toronto homes sold compared with the same time a year ago
America's employers added just 235,000 jobs last month
Businesses filed 160 insolvencies in July — a 28.3% decline compared to June
The weekly jobs count has mostly fallen steadily since early January
Prices continue to rise in both cities as demand outstrips supply
Financial assets are concentrated among the few
Finance, insurance, real estate and leasing businesses were least likely to have taken on debt
Overall consumer debt now stands at $2.15 trillion
Driving the drop were declines in home resale activity and exports
The frenzied pace of sales is starting to slow across the country
The S&P 500 has registered more than 50 all-time highs this year
The latest reading could be supportive for the Canadian dollar
Companies' short-term economic concerns are compounded by the Delta variant
Large U.S. alt firms see huge growth potential in retail investors
Meanwhile, inflation over the past 12 months hit its fastest pace in three decades
Since the pandemic began, this is the first such move for a major central bank in Asia
Service sector employment rose in June, but job vacancies abound, StatsCan says
Global housing prices surged in Q1 led by advanced economies, BIS reports
Net income in the Canadian retail business was up 68% year over year
The change reflects a sustained consumer-led rebound, now threatened by the delta variant
New research suggests that portfolio shifts seek to shore up funding, not to pad returns