News and resources for Canada's top financial advisors
Economic Indicators
Expect the Canadian dollar to fall back to mid-70-cent range
By Staff |January 15, 2018
2 min read
The Bank of Canada is expected to raise its key interest rate by 25 basis points on Wednesday. “Markets and all economists at all dealers anticipate a hike this time around,” says Derek Holt, vice-president and head of capital markets economics at Scotiabank, in a weekly economics report. Read: Rising rates shake client confidence But […]
What to expect for growth and interest rates between now and 2019
By Staff |January 12, 2018
Which types of companies could benefit from the Trump administration’s overhaul
By Mark Burgess |January 11, 2018
3 min read
Expect returns to look very different in the coming year
Condominium prices rose faster than any other housing type in the fourth quarter of 2017, according to the Royal LePage National House Price Composite. The median condo price rose 14.3% to $420,823 on a year-over-year basis, driven by large gains in Canada’s largest condo markets, especially Toronto and Vancouver. In the GTA, the median price […]
By Staff |January 10, 2018
Consumers are increasingly leaning toward financial service providers that offer value-added services such as advice, rewards and personal finance management, a report from CGI finds. The report, called “Today’s financial consumer: Open for business,” says banks need to innovate and improve services to compete with more nimble competitors. They can also partner with fintech and […]
Canada’s jobs numbers look good, but they’re even better under the surface, according to a report from CIBC Capital Markets. “Good headline numbers come and go, but beneath the surface, where job market demons usually hide, things are also improving,” said Benjamin Tal, deputy chief economist at CIBC, in a labour market report. “And, where […]
Licensed marijuana producer Aphria Inc. says it stands by its decision to invest south of the border, despite a recent U.S. cannabis crackdown and a warning from Canada’s biggest exchange operator that cross-border pot firms could face a delisting. The comment from Aphria’s CEO Vic Neufeld comes less than a week after U.S. Attorney General […]
By Armina Ligaya, The Canadian Press |January 10, 2018
The trend in housing starts was 226,777 units in December 2017, compared to 226,178 units in November 2017.
By Staff |January 9, 2018
5 min read
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