Canada retains AAA rating from DBRS
Government still has capacity to support recovery and outlook is stable
- By: James Langton
- March 19, 2021 March 19, 2021
- 14:18
Sales dropped 1.1% to $52.5 billion, said Statistics Canada
In 2020, equities funds trailed the S&P/TSX by almost 5%
Vaccines, fiscal stimulus and a stronger start to 2021 underpin a rosier outlook
Canada's pandemic response was "timely, decisive and well-co-ordinated," said the global lender
StatsCan reports much higher rates of depression, anxiety among those financially stressed by Covid-19
Rising death numbers and sharply reduced immigration slowed growth
Vancouver climbs 13 spots to 11th place in global index
Whether pandemic-related cases will impact settlement trends remains to be seen
The monthly result was the largest percentage gain since February 2020
Foreign investors added a record $10.3 billion in provincial government bonds in January
Research finds many didn't know about or didn't want to bother signing up for debt relief
Retirement spending needs are complex and shifting, research finds
Credit and debit card spending fell sharply after the storm in Texas
A robust recovery later this year could accelerate inflation and send long-term rates surging
The pandemic's challenges have implications for financial planning
The national average home price in February was a record $678,091
Millennials and gen Z are now more concerned about saving than older generations, according to a Sun Life survey
The economy added 259,000 jobs in February
Hot real estate markets in many regions helped propel house prices higher
Greater awareness of ESG risks will spur growth, according to a report
Finance minister promises measures to "defeat" Covid-19 and ensure all residents are vaccinated