Economic Indicators

Inflation cooled in February, but beat expectations

The consumer price index rose by 2.2%

By The Canadian Press |March 18, 2020

1 min read

Economic Indicators

Canada facing recession: TD Economics

Covid-19 will give way to back-to-back quarterly contractions, report says

By James Langton |March 17, 2020

2 min read

Economic Indicators

Banks again lower their prime lending rate

The proactive measure shaves off 50 basis points

By The Canadian Press |March 17, 2020

1 min read

Economic Indicators

Coronavirus already affecting small business sales, CFIB survey says

The poll found 43% have reduced hours for staff and 20% have started temporary layoffs

By The Canadian Press |March 17, 2020

1 min read

Economic Indicators

Coronavirus likely to spark sovereign downgrades, Fitch says

The ratings agency is expecting the strongest downward bias since the global financial crisis

By James Langton |March 17, 2020

2 min read

Economic Indicators

Statistics Canada finds less income mobility across generations

Mobility was greatest for those born to middle-income parents, new research finds

By James Langton |March 17, 2020

1 min read

Economic Indicators

CMHC to purchase up to $50B of insured mortgage pools

The move is designed to provide stable funding to banks and mortgage lenders

By Staff |March 16, 2020

1 min read

Economic Indicators

Bank of Canada responds to pandemic, oil prices with another rate cut

The cut to 0.75% follows last week's decision to reduce the interest rate by 50 basis points

March 13, 2020

3 min read

Economic Indicators

Federal budget delayed as House of Commons shuts down for five weeks

MPs quickly passed the new North American trade deal before rising

By The Canadian Press |March 13, 2020

1 min read

Economic Indicators

Household debt remains elevated, service ratio rises: StatsCan

With Covid-19 leading to rate cuts, concerns about consumer borrowing may ease for now

By James Langton |March 13, 2020

2 min read

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