Latest news in Research and Markets

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Canadian banks positioned to absorb credit losses: Moody’s

Accounting rule changes, less risky loans and government support measures have banks ready for possible loan losses

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Federal deficit reached $268B in January

The "deep slide" in the deficit reflects economic deterioration and pandemic response spending

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U.S. consumer spending dropped 1% in February

Consumers' spending and personal incomes both fell sharply

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Leveraged firms aren’t out of bankruptcy danger just yet, paper warns

The gap between expected and actual insolvencies may shrink

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SPAC mania likely unsustainable, DBRS says

Creating more investor-friendly structures may be the key to long-term viability of shell company deals

Miniature House on A Financial Graph

First-time buyers in the Prairies eager to enter the housing market

Buyers in Ontario, B.C. and Quebec are less optimistic about now being a good time to buy

  • By: IE Staff
  • March 25, 2021 March 25, 2021
  • 10:59
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Ontario pledges $5 million for new mining exploration

A new program will enable junior mining companies to seek up to $200,000 per project

Queen's Park, Ontario legislature, exterior

Ontario provides second round of support to small businesses

The province is doubling the small business grant and introducing a new grant for tourism and hospitality businesses

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Canadian banks remain well armed: Moody’s

Credit loss provisions accumulated during the pandemic should see the banks through 2021

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Unwinding of household savings won’t threaten financial markets

Banks are mostly sitting on households' extra cash, research finds

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Canadian venture capital investments totalled $4.4B in 2020

The amount was second only to 2019's $6.2 billion

Man and woman sitting in cafeteria discussing finance for the month. Stressed couple looking at bills sitting in restaurant wearing uniform apron. Cafe staff sitting together looking at expenses and bills. (Man and woman sitting in cafeteria discussi

Hardest hit businesses call for extension of federal wage, rent subsidies

Sectors that rely on in-person customers won't recover by summer, business groups said

looking for money

Runaway inflation unlikely, suggest economists

Large consumer price increases are an exception, not a rule, says an RBC report

  • By: IE Staff
  • March 24, 2021 March 24, 2021
  • 12:17
a man on a precipice

Investment-grade debt offers attractive risk-adjusted returns: survey

Fixed income managers expect spreads to remain rangebound over the next 12 months

  • By: IE Staff
  • March 23, 2021 March 23, 2021
  • 15:19
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Frothy markets to buoy Wall Street in 2021: Fitch

Strong market-based activities will underpin earnings at large global firms

female scientist

Pandemic drove hiring trends in Q4: StatsCan

Job openings in healthcare jumped, while vacancies in gyms and restaurants plunged

Poor couple sitting on the couch and counting money

Poverty was in retreat pre-Covid, and relief efforts likely prevented its revival

Statistics Canada reported that government supports offset a sharp drop in household income

business woman esg

CEOs shift focus to the “S” in ESG

Many CEOs have been thinking about their “corporate purpose” when it comes to responding to the pandemic

  • By: IE Staff
  • March 23, 2021 March 23, 2021
  • 11:16
40556994 - close up image of stock market data on a computer monitor.

Overstimulated? Stocks soar 75% in historic 12-month run

The market bottomed out on March 23 last year after wiping out roughly three years' worth of gains in a month

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Loneliness adds to at-risk seniors’ vulnerability: report

FINRA found that isolation can impact decision-making, including when it comes to finances

Toronto financial district

Canaccord joins S&P/TSX Composite index

The addition comes as the firm seeks a tie-up with RF Capital

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Canada retains AAA rating from DBRS

Government still has capacity to support recovery and outlook is stable

Canadians

Canada’s high-yield firms bested U.S. counterparts in pandemic: Moody’s

Speculative-grade issuance is seen rising in 2021 amid investor appetite for yield

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Retail sales fell for a second consecutive month

Sales dropped 1.1% to $52.5 billion, said Statistics Canada

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Canadian equities managers underperformed in a volatile year

In 2020, equities funds trailed the S&P/TSX by almost 5%

  • By: IE Staff
  • March 18, 2021 March 18, 2021
  • 15:28