Economic Indicators

Economic Indicators

U.S. durable goods orders fell in April, but business investment to rise

Orders for long-lasting manufactured goods fell

By Staff, with files from The Associated Press |May 25, 2018

2 min read

Economic Indicators

Dodd-Frank rollback to change rules on stress tests, mortgage loan data

President Donald Trump is eager to sign a bill dismantling a chunk of the rules framework for banks

By Marcy Gordon, The Associated Press |May 23, 2018

4 min read

Economic Indicators

Fed on track to gradually hike rates: minutes

Federal Reserve officials earlier this month discussed a number of risks facing the economy, from rising wage pressures to possible harm from administration trade policies. But in the end, officials concluded that the Fed should be on track to keep hiking interest rates gradually. The minutes of the Fed’s May 1-2 meeting show that officials […]

By The Associated Press |May 23, 2018

1 min read

Economic Indicators

Why financial sector will be strong this year

The outlook for banks and insurance companies is bright

By Sharon Ho |May 22, 2018

3 min read

Wholesale sales in March surprise to the upside

Wholesale sales rose 1.1% to $62.8 billion in March, reports StatsCan. The increase more than offset a decline in February of -0.8%, and was “more than expected,” says CIBC senior economist Royce Mendes in emailed commentary. The motor vehicle and parts subsector posted the largest gain in dollar terms, as sales rose 5.0% to $11.8 […]

By Staff |May 22, 2018

1 min read

Canadian CEOs bullish on growth prospects in 2018

Canadian CEOs are far more bullish than their global counterparts about their ability to harness technology and grow their businesses, finds KPMG’s 2018 Global CEO Outlook. The annual report surveys almost 1,300 global CEOs on the biggest risks facing their businesses and the strategies they’re using to address them and drive growth. Read: Why financial […]

By Staff |May 22, 2018

2 min read

What’s weighing on the loonie

The rise in oil prices hasn’t lifted the loonie, as typically expected. A big part of the reason lies stateside. “The usual positive correlation between oil prices and the exchange rate has not been as strong of late, reflecting both uncertainty around Canadian pipeline capacity (and investment) and the expected increase in U.S. production (and […]

By Staff |May 22, 2018

3 min read

What aging HNW clients mean for wealth management

Canada’s population of high-net-worth investors is growing and aging, changing what’s required of the financial advisors who serve them, says Strategic Insight’s Keith Sjögren. Between 2016 and 2026, the number of clients with more than $1 million in investable assets is set to expand by 6.4%, making it the highest growing retail segment in Canada, […]

2 min read

Economic Indicators

U.S. durable goods orders fell in April, but business investment to rise

Dodd-Frank rollback to change rules on stress tests, mortgage loan data

Fed on track to gradually hike rates: minutes

Why financial sector will be strong this year

Wholesale sales in March surprise to the upside

Canadian CEOs bullish on growth prospects in 2018

What’s weighing on the loonie

Annual inflation cools, but BoC core measure above 2%

What monthly increase in manufacturing sales means for GDP

What aging HNW clients mean for wealth management