News and resources for Canada's top financial advisors
Economic Indicators
Economists had expected no change
By Staff, with files from The Canadian Press |June 29, 2018
2 min read
U.S consumers increased their spending just 0.2% in May
June 29, 2018
Most interviews done before U.S. tariffs announced
4 min read
The federal government takes cross-border trade dispute up a notch
By The Canadian Press |June 29, 2018
U.S. economic growth in the first quarter was revised down to a lacklustre 2%
June 28, 2018
Credit delinquency rates for Canadians fell in Q1 2018, but slowing credit growth and interest rate hikes are likely to stop that trend, says Equifax Canada. Still, for the first quarter, the company’s national consumer credit trends report finds consumer debt, including mortgages, was $1.8 trillion in Q1—a rise of 5.7% year-over-year. Loans and mortgages […]
By Staff |June 28, 2018
Orders for long-lasting U.S. factory goods declined for the second straight month in May, as demand for cars, metal products and aircraft fell. The Commerce Department said Wednesday durable goods orders—items meant to last at least three years, from washing machines to tractors—dropped 0.6% last month. That followed a steeper drop of 1% in April. […]
By Staff, with files from The Associated Press |June 27, 2018
This week the loonie reached a new 12-month low
By Staff |June 27, 2018
The impacts of the escalating U.S.-Canada trade dispute will “figure prominently” in the Bank of Canada’s decision-making process for its upcoming interest rate decision, governor Stephen Poloz said in a speech Wednesday. In prepared remarks of his address, Poloz said the bank has been incorporating into its projections the fallout of U.S. steel and aluminum […]
By The Canadian Press |June 27, 2018
Growth is slow but steady for the economy
By Sharon Ho |June 26, 2018
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