Economic Indicators

BoC reduces minimum purchase amount of nominal bonds

The Bank of Canada is decreasing its minimum purchase amount of nominal bonds at auctions to 13% from the current 14% level, effective immediately. In managing its balance sheet, the Bank of Canada acquires Government of Canada securities to offset its liabilities, which consist mainly of bank notes in circulation and deposits. The bank acquires […]

By Staff |December 21, 2017

1 min read

Economic Indicators

Housing affordability at worst level since 1990: RBC

Housing affordability eroded in Canada for a ninth consecutive quarter, according to RBC Economics Research, reaching the worst level since 1990 and breaking records in specific markets. RBC’s housing trends and affordability report calculates the share of household income required to carry the costs of owning a home at market price. The number rose to […]

By Staff |December 21, 2017

2 min read

Economic Indicators

Gas pushes inflation past BoC target for November

Canada's annual inflation rate accelerated to 2.1% last month to reach its highest mark in nearly a year

By Staff, with files from The Canadian Press |December 21, 2017

2 min read

Economic Indicators

Investors could be disappointed by equities in 2018: report

Find out what could negatively affect corporate profits

By Staff |December 19, 2017

3 min read

U.S. new home construction up 3.3%

Construction of new homes increased 3.3% in November, with the gain largely coming from single-family houses being built at the strongest pace in more than a decade. Read: Snapshot: U.S. economic data The Commerce Department said Tuesday that builders broke ground on homes last month at a seasonally adjusted annual rate of 1.3 million units. […]

2 min read

Expect growth until late 2020: Desjardins

The economic cycle is long in the tooth, but growth in Canada and the U.S. should remain strong until 2020, forecasts Desjardins in an outlook report. The bank forecasts strong growth in 2018 and 2019, but, thereafter, “there will be greater risk of an economic slowdown as the current cycle matures.” The result: monetary tightening […]

By Staff |December 18, 2017

2 min read

5 economic trends to watch in 2018

BMO economists confidently offer the following five trends to watch in 2018—”confidently” because the economists scored eight out of 10 on their forecasts and stretch calls for 2017. The five trends are listed below, as itemized by BMO chief economist Douglas Porter in an economics report. 1. Alberta bonds will outperform. The province had the […]

By Staff |December 18, 2017

2 min read

Economic Indicators

BoC reduces minimum purchase amount of nominal bonds

Housing affordability at worst level since 1990: RBC

Gas pushes inflation past BoC target for November

Investors could be disappointed by equities in 2018: report

Non-resident condo ownership remains low: CMHC

U.S. new home construction up 3.3%

Expect growth until late 2020: Desjardins

5 economic trends to watch in 2018

Why millennials won’t be main boon for Canadian housing

BoC warns of risks for clients with mortgages