Vancouver closes out 2023 with higher home sales
Region saw 1,345 homes changed hands in December, with average price of $1,168,700
- By: Sammy Hudes, The Canadian Press
- January 3, 2024 January 3, 2024
- 12:09
Latest news in Research and Markets
U.S. job openings fell slightly in November
Demand for workers remains strong by historical standards
- By: Paul Wiseman, The Associated Press
- January 3, 2024 January 3, 2024
- 11:05
Another tough year expected for office REITs
But some optimists say opportunities may be out there, and a potential ``slow uptick'' in office space absorption by the end of 2024
- By: Michelle Zadikian, The Canadian Press
- January 3, 2024 January 3, 2024
- 09:31
Canadian pension solvency declines in Q4 but plans finish year in strong position
The decline in the solvency ratio came as yields dropped
- By: IE Staff
- January 2, 2024 January 2, 2024
- 11:49
Canada’s 100 highest paid CEOs broke new compensation records in 2022: report
CEOs were paid an average of $14.9 million, according to the CCPA
- By: Rosa Saba, The Canadian Press
- January 2, 2024 January 2, 2024
- 11:46
Companies grew more confident about initial public offerings in 2023
The result has raised hopes in the U.S. for an economic recovery
- By: Damian J. Troise, The Associated Press
- December 28, 2023 December 28, 2023
- 16:14
Americans ramped up spending during the holidays
Despite inflation concerns and financial anxiety, holiday sales from November through Christmas Eve climbed 3.1%
- By: Anne D’innocenzio, The Associated Press
- December 27, 2023 December 27, 2023
- 10:58
GDP unchanged for third straight month in October
Manufacturing, wholesale trade, real estate were among sectors that contracted
- By: The Canadian Press
- December 22, 2023 December 22, 2023
- 11:55
Federal Reserve’s favoured inflation gauge tumbles in November
Month-over-month drop was the largest since April 2020
- By: Paul Wiseman, The Associated Press
- December 22, 2023 December 22, 2023
- 11:41
Income growth cushions rising mortgage costs
While pockets will suffer from rising rates, overall stress should be modest
- By: James Langton
- December 21, 2023 December 21, 2023
- 15:21
Retail sales rose 0.7% to $66.9 billion in October: StatsCan
Such numbers won't keep climbing, analysts warn
- By: Tara Deschamps, The Canadian Press
- December 21, 2023 December 21, 2023
- 14:29
Mutual fund redemptions continue in November
Net sales have been negative since March
- By: Jonathan Got
- December 21, 2023 December 21, 2023
- 14:06
Odds of more rate hikes have fallen, BoC agreed during latest deliberations
Members of governing council were more optimistic about the country's inflation outlook and found "recent data pointed in the right direction"
- By: Nojoud Al Mallees, Canadian Press
- December 20, 2023 December 20, 2023
- 14:15
EU countries agree on compromise for overhaul of bloc’s fiscal rules
Deal struck after France and Germany agree on how to support investment when budget deficits exceed set limits
- By: The Associated Press
- December 20, 2023 December 20, 2023
- 14:01
Demographics surprise economists, central bank
Without a surging population, inflation may already be under control, NBF report suggests
- By: James Langton
- December 20, 2023 December 20, 2023
- 13:48
Skid in U.S. home sales snaps with easing mortgage rates
Existing home sales rose 0.8% in November to seasonally adjusted annual rate of 3.82 million
- By: Alex Veiga, The Associated Press
- December 20, 2023 December 20, 2023
- 11:47
Speculation ramps up for U.K. rate cut as inflation falls
Drop to two-year low of 3.9% in November was bigger than anticipated in financial markets
- By: Pan Pylas, The Associated Press
- December 20, 2023 December 20, 2023
- 11:12
Japan’s central bank keeps its negative interest rate unchanged, says it’s watching wage trends
Central bank is not expected to rush its exit from quantitative easing
- By: Elaine Kurtenbach, The Associated Press
- December 19, 2023 December 19, 2023
- 15:27
Statistics Canada reports record population growth of 430,000 in Q3
The agency says figures for the first nine months of 2023 have already surpassed the total growth in any other full year
- By: Nojoud Al Mallees, Canadian Press
- December 19, 2023 December 19, 2023
- 12:47
Inflation holds at 3.1% in November as progress in tamping down price growth stalls
Economists say the slightly disappointing figure doesn't change the Bank of Canada's plans
- By: Nojoud Al Mallees, Canadian Press
- December 19, 2023 December 19, 2023
- 12:39
Annual rent increases slowing as average asking price reaches $2,174 in November
There were notable slowdowns in two of Canada's most expensive major cities for renters
- By: The Canadian Press
- December 18, 2023 December 18, 2023
- 13:59
Shadow banks retreat amid high interest rates
The sector's assets and share of global assets dropped last year, according to the FSB
- By: James Langton
- December 18, 2023 December 18, 2023
- 13:51
Canadian economy “dancing around the edge of recession” going into 2024
Soft landings are in sight for Canada and the U.S., according to outlook reports from Scotiabank and BMO
- By: Mark Burgess
- December 18, 2023 December 18, 2023
- 13:25
Macklem sees inflation falling as economy slows
It's still too early to consider cutting the policy rate, the Bank of Canada governor said in a speech
- By: Nojoud Al Mallees, Canadian Press
- December 15, 2023 December 15, 2023
- 13:01
Investors reduced foreign equities holdings in October: StatsCan
Foreign investors sold Canadian securities, while Canadians divested U.S. stocks
- By: Jonathan Got
- December 15, 2023 December 15, 2023
- 11:37