Consumer spending and housing market driving U.S. economy
Emerging markets weigh on U.S., advanced economies
Rising wealth inequality and huge numbers of people who feel left out of the weak global economic recovery have stoked anger among voters
Reforms are needed to stoke productivity and financial sector stability
Benjamin Tal, deputy chief economist at CIBC World Markets Inc., explains that the federal government’s infrastructure spending program will boost the economy, if funds are allocated to create effective multipliers.
Survey of economists predicts lower growth and inflation
An IMF report cites weaker economic activity, concerns about China and weak oil prices as factors feeding increasing financial turbulence
The bank forecasts the Canadian economy to grow by about 2% this year
By 2020 the commodity sector may only account for only 40% of exports, down from 50% in 2014
Weak oil prices to weigh on Alberta, Saskatchewan and Newfoundland and Labrador