Economic Indicators

Rental vacancies creep higher as Covid-19 spreads: CMHC

Vacancy rate hit a 14-year high in the Greater Toronto Area

By Tara Deschamps, The Canadian Press |January 28, 2021

2 min read

Economic Indicators

U.S. sees largest economic contraction in 74 years

The economy shrank by 3.5% in 2020 despite gains in Q4

By Martin Crutsinger, The Associated Press |January 28, 2021

4 min read

Economic Indicators

Federal Reserve stresses commitment to low rates for the long run

The Fed has pinned its benchmark short-term rate near zero

By Christopher Rugaber, The Associated Press |January 27, 2021

4 min read

Economic Indicators

At Davos, Canadian investment leaders set timelines for climate-friendly economy

Mark Carney says political will is needed to transition to zero emissions

January 27, 2021

2 min read

Economic Indicators

Hard-hit businesses get details on Liberals’ new loan fund

Companies must show a year-over-year revenue drop of 50% or more over three months

By The Canadian Press |January 27, 2021

2 min read

Economic Indicators

Toronto condo sales and rentals surge in Q4, prices drop

Opportunity will soon be gone for condo buyers sitting on the sidelines, broker says

By Tara Deschamps, The Canadian Press |January 27, 2021

3 min read

Economic Indicators

Retail, construction and services workers have high share of mortgage deferrals: CMHC

Government, education and health-care workers had below-average shares of mortgage deferrals

By The Canadian Press |January 26, 2021

1 min read

Economic Indicators

Fed will likely stress commitment to low rates amid pandemic

On Wednesday, Powell may aim to puncture speculation about the Fed curtailing its bond purchase program

By Christopher Rugaber, The Associated Press |January 25, 2021

4 min read

Economic Indicators

Ontario offers small businesses grants of up to $20,000

More than 42,000 small businesses have applied for shutdown relief funds

By Rudy Mezzetta |January 22, 2021

1 min read

Economic Indicators

Retail sales rose 1.3% in November

StatsCan's early estimate suggests retailers saw sales fall in December, though, at the height of the holiday shopping season

By Staff, with files from The Canadian Press |January 22, 2021

1 min read

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