Economic Indicators

Canada sees first current account surplus since 2008

Both the goods and services sectors had a surplus, and foreign investment also rose

By James Langton |May 31, 2021

1 min read

Economic Indicators

Rising costs have businesses concerned about profits

One-fifth of businesses are worried they may face layoffs in the next 12 months

By James Langton |May 28, 2021

1 min read

Economic Indicators

Income inequality narrowed amid fiscal supports in 2020: StatsCan

All households saw income rise in 2020, with lower-income groups gaining most

By James Langton |May 28, 2021

2 min read

Economic Indicators

Finance Department reports preliminary deficit of $314B for last fiscal year

The unprecedented figure was caused by an equally unprecedented economic shock

By The Canadian Press |May 28, 2021

2 min read

Economic Indicators

U.S. consumer spending rose 0.5% in April

That's a pullback from the 4.7% spending surge in March, but the drop was expected

May 28, 2021

4 min read

Economic Indicators

Global housing prices rise amid pandemic: BIS

Housing markets in advanced economies lead the way, with prices up 27% on average since the financial crisis

By James Langton |May 27, 2021

1 min read

Economic Indicators

Rising interest rates could dampen stimulus impact: PBO

The PBO estimate that budget deficits over the next five years will be $117.1 billion more than pre-budget forecasts

By The Canadian Press |May 27, 2021

4 min read

Economic Indicators

U.S. posts robust 6.4% GDP growth in first quarter

Many economists are forecasting that the U.S. economy will grow between 6% and 7% this year

By The Associated Press |May 27, 2021

3 min read

Economic Indicators

U.S. jobless claims fall to new pandemic low of 406,000

The number of weekly applications for jobless aid has fallen by more than half since January

May 27, 2021

2 min read

Economic Indicators

StatsCan report says pandemic job losses hit women harder than men

The disparity is largely the result of employment in service industries

By The Canadian Press |May 26, 2021

1 min read

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