Economic Indicators

Economic Indicators

U.S. removes steel, aluminum tariff exemption for Canada, Mexico

Canada has prepared a list of U.S. products that might face retaliatory tariffs

By Andy Blatchford, The Canadian Press |May 31, 2018

5 min read

Economic Indicators

Taxpayers on the hook for federal pension shortfall: report

Why pensions are underfunded and a recommendation for change

By Staff |May 31, 2018

2 min read

Economic Indicators

U.S. growth revised down to 2.2% in Q1

The U.S. economy grew at a weaker 2.2% annual rate in the first three months of the year, as consumers and businesses slowed their spending. But given the economy’s recent performance, analysts are still looking for a solid rebound in the current quarter. Growth in the gross domestic product, the economy’s total output of goods […]

By Staff, with files from The Associated Press |May 30, 2018

3 min read

Economic Indicators

BoC holds key rate at 1.25%, but hints at hikes to come

Recent developments have reinforced the bank's view that higher rates will be warranted to keep inflation near its target.

By Staff, with files from The Canadian Press |May 30, 2018

3 min read

U.S. consumer confidence rebounds in May

American consumers were feeling a bit more optimistic in May following a slight decline in confidence in April. The Conference Board, a business research group, said Tuesday that its consumer confidence index rose to 128.0 from a revised 125.6 in April. That follows March’s 127.0 and February’s 130.0, which was the highest reading since November […]

2 min read

Corporations cautious on Canadian economy: surveys

Canadian corporate directors have a cautious outlook on the Canadian economy in the near term. In a survey commissioned by the Institute of Corporate Directors (ICD), only 34% of survey respondents believe the Canadian economy will improve over the next two to five years. That’s down from 52% in a fall 2017 survey. While uncertainty […]

By Staff |May 28, 2018

3 min read

Loonie could drop to nearly US$0.70 if export woes continue: report

Canada is falling further behind in the race to supply world markets, and if it doesn’t get in the game soon, its dollar could drop to nearly US$0.70 in the next decade, finds a new report from CIBC Capital Markets. Read: Where to capitalize on currency “Since the turn of the millennium, other than in […]

By Staff |May 28, 2018

3 min read

U.K. barely grew in Q1 at only 0.1%

A day after the Bank of England’s governor warned about the damaging consequences of a “disorderly” Brexit, official figures Friday confirmed that the British economy barely grew in the first three months of the year. The Office for National Statistics said the economy expanded by a quarterly rate of just 0.1% amid weak household spending […]

3 min read

Economic Indicators

U.S. removes steel, aluminum tariff exemption for Canada, Mexico

Taxpayers on the hook for federal pension shortfall: report

U.S. growth revised down to 2.2% in Q1

BoC holds key rate at 1.25%, but hints at hikes to come

Liberals’ $4.5B Trans Mountain purchase ‘an investment in Canada’s future’: Morneau

U.S. consumer confidence rebounds in May

Corporations cautious on Canadian economy: surveys

Loonie could drop to nearly US$0.70 if export woes continue: report

Typical U.S. CEO pay is 164 times that of employees: Equilar data analysis

U.K. barely grew in Q1 at only 0.1%