Economic Indicators

Majority of Canadian businesses still see rising inflation as obstacle

Business optimism declined from the previous quarter, according to a StatsCan survey

By Mark Burgess |August 28, 2023

1 min read

Economic Indicators

Five things to watch for in the Canadian business world this week

Bank earnings continue, with jobs and GDP data later in the week

By The Canadian Press |August 28, 2023

2 min read

Economic Indicators

ECB’s Lagarde says interest rates to stay high as long as needed to defeat inflation

Her address followed a speech earlier Friday in Jackson Hole by Federal Reserve Chair Jerome Powell

By Christopher Rugaber, The Associated Press |August 25, 2023

2 min read

Economic Indicators

Federal government posts $3.62 billion surplus for April to June

Revenues for the period totalled $110.58 billion, up from $107.88 billion a year earlier

August 25, 2023

1 min read

Economic Indicators

Bond market suggests “soft landing” for U.S.

Narrowing bond spreads signal confidence in borrowers, economy

By James Langton |August 25, 2023

2 min read

Economic Indicators

Powell at Jackson Hole: Economy’s solid growth could dictate additional rate hikes

Reiterates the central bank's determination to keep its benchmark rate elevated until inflation falls to 2% target

By Christopher Rugaber, The Associated Press |August 25, 2023

5 min read

Economic Indicators

China faces uncertain, slower growth future

Traditional economic drivers have peaked, and headwinds are building, Moody's says

By James Langton |August 24, 2023

2 min read

Economic Indicators

BRICS leaders locked in discussions over expansion of their economic bloc

All five leaders are said to back the principle of letting in new members, but decision still uncertain

By The Associated Press |August 23, 2023

4 min read

Economic Indicators

With U.S. economy still humming, are we facing higher-for-longer interest rates?

As central bankers gather at Jackson Hole conference this week, speeches will be scrutinized for hints

By Christopher Rugaber, The Associated Press |August 23, 2023

5 min read

Economic Indicators

Retail sales edge up 0.1% in June: StatsCan

Consumer spending “continued to sputter” as economic growth weakened

By The Canadian Press |August 23, 2023

2 min read

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