Savings no salvation for coming mortgage crunch
Households that face looming stress aren't the ones with extra savings, CIBC cautions
- By: James Langton
- September 9, 2024 September 9, 2024
- 14:02
Latest news in Research and Markets
Household finances improve in Q2: Fitch
Credit card performance picks up, yet strains remain
- By: James Langton
- September 6, 2024 September 6, 2024
- 16:35
For Canada, Trump looks riskier on trade
Economy may have less to fear from Harris, given GOP's protectionist promises
- By: James Langton
- September 6, 2024 September 6, 2024
- 15:48
Debt securities issuance slows in Q2: StatCan
Equities retirements outpace issuance for 10th straight quarter
- By: James Langton
- September 6, 2024 September 6, 2024
- 13:20
Fund managers diversify amid sales slump: Fitch
Competition and regulation pressuring firms' margins, earnings
- By: James Langton
- September 6, 2024 September 10, 2024
- 13:19
Canada’s unemployment rate rises to 6.6% in August
As the job market continues to weaken, students and recent immigrants are shouldering much of the pain
- By: Nojoud Al Mallees, Canadian Press
- September 6, 2024 September 6, 2024
- 09:35
Sluggish U.S. jobs report clears the way for Fed to cut rates
U.S. hiring rebounds slightly, unemployment rate dips
- By: Christopher Rugaber, The Associated Press
- September 6, 2024 September 6, 2024
- 09:13
Americans struggling to land jobs as labour market cools
Adding to the anxiety is that memories of the recent job boom are still fresh
- By: Paul Wiseman, The Associated Press
- September 5, 2024 September 5, 2024
- 10:10
Banks see delinquencies rise in U.S. office loans: S&P
Loan growth slowing as property values drop, lending standards tighten
- By: James Langton
- September 4, 2024 September 4, 2024
- 12:18
Inflation softens in July: OECD
Core inflation eases, offsetting resurfacing energy pressures
- By: James Langton
- September 4, 2024 September 4, 2024
- 11:38
Canada posted $684M merchandise trade surplus in July: StatCan
In terms of volume, imports fell 2% in the month, while exports decreased 1.5%
- By: The Canadian Press
- September 4, 2024 September 4, 2024
- 09:34
Weak growth heralds Canada’s ‘lost’ decade: NBF
Amid investment drought, population growth has been chief economic driver for past 10 years, report says
- By: James Langton
- September 3, 2024 September 3, 2024
- 15:48
Finance jobs face acute AI threat
Higher-educated, better-paid workers most exposed, but low-wage workers face greater replacement risk
- By: James Langton
- September 3, 2024 September 3, 2024
- 15:33
Bank earnings dogged by rising provisions: Fitch
Higher loan-loss reserves drag on Q3 net income, despite revenue gains
- By: James Langton
- August 30, 2024 August 30, 2024
- 13:37
BoC expected to cut key interest rate despite good growth in Q2
Real GDP continued to shrink on a per-person basis, marking the fifth consecutive decline
- By: Nojoud Al Mallees, Canadian Press
- August 30, 2024 August 30, 2024
- 10:21
Fed’s favoured inflation gauge shows price pressures easing
Despite the near-end of high inflation, many Americans remain unhappy with the cost of living
- By: Christopher Rugaber, The Associated Press
- August 30, 2024 August 30, 2024
- 10:00
Inflation falls to 2.2% in Europe
The door's now open for the European Central Bank to cut interest rates
- By: David Mchugh, The Associated Press
- August 30, 2024 August 30, 2024
- 09:42
Alberta expects oil prices to boost its surplus
The government has no plan to immediately introduce the promised personal tax cut
- By: Lisa Johnson, The Canadian Press
- August 30, 2024 August 30, 2024
- 09:32
DIY investors to advisors: It’s not you, it’s me
Self-directed investors prioritize convenience, control, costs
- By: James Langton
- August 29, 2024 August 29, 2024
- 16:12
Labour market cooled in June: StatCan
Vacancies and wages were flat, signalling a softening
- By: James Langton
- August 29, 2024 August 29, 2024
- 12:51
U.S. economic growth for Q2 upgraded to 3% annual rate
Measures of consumers' spirits have shown a recent uptick
- By: Paul Wiseman
- August 29, 2024 August 29, 2024
- 09:55
Climate-driven downgrade risks rise: Fitch
Share of companies facing transition risks increasing
- By: James Langton
- August 28, 2024 August 28, 2024
- 14:12
U.S. defaults stay high in July: Fitch
As financing conditions stay tight, repeat offenders elevate defaults
- By: James Langton
- August 27, 2024 August 27, 2024
- 15:43
Real estate woes dog pension giants
Funds shifting asset allocations away from offices, toward private credit
- By: James Langton
- August 27, 2024 August 27, 2024
- 14:26
U.S. consumer confidence rises in August
While still positive, consumers’ assessments of the current labour situation continued to weaken: economist
- By: Matt Ott, The Associated Press
- August 27, 2024 August 27, 2024
- 11:24