Economic Indicators

Don’t let low insolvency numbers fool you

A report says the numbers are out of sync with the financial struggles many are facing

By James Langton |July 2, 2020

2 min read

Economic Indicators

U.S. employment gains in June boost markets

Employers added 4.8 million jobs, but a spike in Covid-19 cases could slow progress

By Staff, with files from The Associated Press |July 2, 2020

2 min read

Economic Indicators

Fitch downgrades Alberta

Agency reduces province's credit rating to AA-

By James Langton |June 30, 2020

1 min read

Economic Indicators

Canadian economy sees record plunge in April

GDP fell 11.6% during a full month of closures of non-essential businesses

By The Canadian Press |June 30, 2020

2 min read

Economic Indicators

Expect a slow economic recovery: Fitch

The rating agency warns that the risk of renewed nationwide lockdowns “remains high”

By James Langton |June 29, 2020

2 min read

Economic Indicators

Canadians cutting spending, borrowing amid pandemic: survey

Those who don't need to borrow due to lost income are steering clear of new debt

By Mark Burgess |June 29, 2020

1 min read

Economic Indicators

U.S. consumer spending up 8.2% in May

The increase partly erases the record plunge in March and April

By The Associated Press |June 26, 2020

3 min read

Economic Indicators

Fed orders banks to suspend buybacks, dividends until Sept. 30

The largest U.S. banks could collectively lose $700 billion in a worst-case pandemic scenario

By Ken Sweet, The Associated Press |June 25, 2020

2 min read

Economic Indicators

Markets taking Canada’s downgrade in stride

Reports from the big banks put Fitch's AA+ rating in context

By James Langton |June 25, 2020

2 min read

Economic Indicators

U.S. economy shrinks in Q1 by 5%

Worse economic news is likely on the way

By Martin Crutsinger, The Associated Press |June 25, 2020

3 min read

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