News and resources for Canada's top financial advisors
Economic Indicators
When interest rates rise, there’s still a place for fixed income in balanced portfolios
February 1, 2018
3 min read
The Federal Reserve has left its benchmark interest rate unchanged but signalled that it expects to resume raising rates gradually to reflect a healthy job market and economy. At Janet Yellen’s final meeting as chair Wednesday, the Fed kept its key short-term rate in a still-low range of 1.25% to 1.5%. Yellen led a cautious […]
By Staff, with files from The Associated Press |January 31, 2018
Real gross domestic product (GDP) increased 0.4% in November, says StatsCan, with growth reported in 17 of 20 industrial sectors. Read: Economic growth will mean higher LTD claims: report The finance and insurance sector grew 0.3% in November, after four consecutive months of decline. Financial investment services, funds and other financial vehicles were up 0.5%, […]
By Staff |January 31, 2018
2 min read
Over the past 10 years, business spending has increased just 2.5%.
By Staff |January 30, 2018
The NAFTA train remains on track—for now. U.S. trade czar Robert Lighthizer says enough progress has been made over the past week to warrant moving forward with a fresh round of talks in Mexico, but he’s also making it clear that more work needs to be done. Lighthizer is clearly not happy with Canadian proposals […]
By Alexander Panetta and Mike Blanchfield, The Canadian Press |January 29, 2018
4 min read
Two out of three core metrics edged higher in December compared to November
By Staff, with files from The Canadian Press |January 26, 2018
Almost five million Canadians spent roughly $5.7 billion on cannabis in 2017, Statistics Canada says, and the industry is worth more than $3 billion. Statistics Canada released numbers Thursday about the size of the country’s cannabis market as governments prepare for recreational use to become legal this summer. The $5.7 billion spent on cannabis (more […]
By Staff |January 25, 2018
Europe's top economic official speaks about currency moves
By David Mchugh, The Associated Press |January 25, 2018
Besides rising interest rates, find out what’s increasing risk for Canada’s financial system
January 25, 2018
Already, other currencies are gaining on the greenback
By Staff |January 24, 2018
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