Statistics Canada reports merchandise trade surplus of $1.6 billion in November
Total imports rose 1.9% while exports fell
- By: The Canadian Press
- January 9, 2024 January 9, 2024
- 13:28
Total imports rose 1.9% while exports fell
Heightened global tensions pose risk of weaker growth
Forecasts for WTI range between US$70 and US$80
New research from the Bank of Canada finds a link between extreme temperatures and credit conditions
Price declines were mainly an Ontario phenomenon, but home prices were softening in the Fraser Valley, Winnipeg and Halifax
December marked the 23rd straight month that joblessness has remained below 4%
Softer job market conditions came as high interest rates continued to weigh on growth
JP Morgan tops global league tables while RBC leads local trio
The annual Report Card research series has been running for more than 30 years, helping advisors confidentially share their industry experiences
Equity issuance surged 37% in 2023; debt up 19% from previous year
Average home price was up 3% year over year
Deal activity rose in the fourth quarter, LSEG Data & Analytics reported
Minutes show that officials see further interest rate hikes as still possible, given economic uncertainty
Only $202 million was raised in 51 initial public offerings, according to market research firm
Region saw 1,345 homes changed hands in December, with average price of $1,168,700
Demand for workers remains strong by historical standards
But some optimists say opportunities may be out there, and a potential ``slow uptick'' in office space absorption by the end of 2024
The decline in the solvency ratio came as yields dropped
CEOs were paid an average of $14.9 million, according to the CCPA
The result has raised hopes in the U.S. for an economic recovery
Despite inflation concerns and financial anxiety, holiday sales from November through Christmas Eve climbed 3.1%
Manufacturing, wholesale trade, real estate were among sectors that contracted
Month-over-month drop was the largest since April 2020
While pockets will suffer from rising rates, overall stress should be modest