Economic Indicators

Feds eye growth with $31B in new spending

Economic Indicators

Feds eye growth with $31B in new spending

To pay for some of the spending, the government is rolling out a tax on excess profits at banks and lifecos

By Jordan Press, The Canadian Press |April 7, 2022

3 min read

Decorative pattern

Economic Indicators

Fed signals more aggressive steps to fight inflation

Multiple half-point interest rate hikes “could be appropriate” this year, some officials said at the last meeting

By Christopher Rugaber, The Associated Press |April 6, 2022

3 min read

Richest Canadians had double-digit drop in household saving rate last year

Economic Indicators

Richest Canadians had double-digit drop in household saving rate last year

Household income rose but net saving dropped for every age group, StatsCan reports

By Staff |April 6, 2022

2 min read

What stagflation could mean for financial firms

Economic Indicators

What stagflation could mean for financial firms

Emerging market banks face biggest stagflation risk, but North American securities firms would also be affected, Fitch says

By James Langton |April 5, 2022

2 min read