Latest news in Research and Markets

Federal Reserve building

Powell: Fed still on track to cut rates

Says recent data showing signs of persistent inflation don’t materially change the overall picture

Money Growth Flat design illustration Business person watering money tree economic growth

Equities dominate Canadian ETF flows in Q1

AI products gain favour, while crypto ETFs see outflows

home sale

Home sales in Toronto, Vancouver down in March

Toronto sales down 4.5%, Vancouver down 4.7%

digital euro

Inflation falls more than expected in Europe

Price rises slow down in two biggest economies: Germany and France

Manitoba Legislative Building in Winnipeg, Manitoba, Canada

Manitoba to claw back basic personal amount above $200K

Province also extends gas tax cut by three months, doubles the fertility tax credit and changes property taxes

Building graph

Global capital markets enjoy strong first quarter

Debt markets post record first quarter while U.S. leads equity-offering rebound

Folders with the label Retirement Plan and Pension

Canadian pensions strengthened solvency in Q1: Mercer

Improvements were due to strong equity performance and interest rate increases

A silhouetted businessman stands on top of a mountain peak and looks into the distance with a spyglass in front of a dramatic sunset in the distance

Firms, consumers more optimistic about economy amid expected rate cuts

And a Deloitte report finds Canada could dodge a recession

diversity

Immigrants outworking those born in Canada

Positive workforce trends to cushion impact of aging population

China flag

China to struggle to meet growth goals: Fitch

Continuing property market challenges to weigh on GDP growth

jobless puzzle pieces

Labour market holding up, for now

Payrolls, weekly earnings, labour demand rose in January, StatsCan reports

Arrow blocks

Real GDP up 0.6% in January as Quebec strikes end

Momentum may have extended into February

outline of people

Economic questions loom as demographics shift

Curbing temporary workers to ease pressure on housing will hurt growth

flags of usa and china painted on cracked wall

Chinese leader issues positive message at meeting with U.S. business leaders

Xi Jinping calls for closer trade ties with the U.S.

Building under construction

Housing starts stable, but demand still outpacing growth of supply

CMHC says construction of new homes in Canada's six largest cities remained near all-time highs last year

housing costs

Business leaders say housing biggest risk to economy: KPMG survey

Housing issues are forcing businesses to boost pay to better attract talent

Ontario

Ontario deficit ballooning to $9.8B next year amid slow economic growth

The government also proposed amendments to support a permanent target-benefit pension framework

Governor Tiff Macklem and senior deputy governor Carolyn Rogers

Need to improve Canadian productivity has reached emergency level: BoC

Canada needs to focus on appropriate training and education, says senior deputy governor

businessman with financial symbols charts and graphs

Global money market assets surged: Fitch

High rates and U.S. banking turmoil drove flight to money market funds

Closed sign in a shop showroom with reflections

Canada’s business population shrinks

First decline since 2017 bodes ill for employment prospects, NBF says

Sliced pumpkin pie above view on blue background. People grabbing slices of cake stock photo

Are your diversifiers working for you?

60/40 portfolio is still hard to beat: Morningstar

Retail sales

Retail sales down in January as new car sales fell

However, core retail sales came in higher than many economists expected

Stock market background design

A strong finish for RRSP season

Mutual fund sales turn positive, ETF assets hit record heights

commercial real estate

Lifecos face real estate headwinds: DBRS

Earnings hurt by declining property values, rising credit losses

investment growth

Businesses worried about ESG fraud: KPMG poll

Almost a quarter of the surveyed organizations experienced ESG fraud