News and resources for Canada's top financial advisors
Economic Indicators
Portfolio manager shares criteria for sustainable stock picks
By Sarah Cunningham-Scharf |October 26, 2017
2 min read
This week, the Bank of Canada held fast to its 1% benchmark rate. In a report, Desjardins economists describe the historically low rate as “reflective of highly expansionary monetary policy.” They thus expect normalization of rates in the coming quarters, albeit at a gradual pace. “A third increase could be announced either in December or, […]
By Staff |October 25, 2017
If your clients are renters, they’re more likely to be over-stretched financially to keep a roof over their heads. That’s because almost 40% of renters captured in the 2016 census spent more than 30% of their average monthly income on housing, finds StatsCan. That figure is largely unchanged from 2011 and more than double the […]
By Staff, with files from The Canadian Press |October 25, 2017
4 min read
The increase is the result of ongoing stabilization of the oil sector
By Staff |October 24, 2017
Amid central bank chatter and NAFTA negotiations, uncertainty persists
By Katie Keir |October 24, 2017
3 min read
This is the largest increase of any prime minister whose time in office didn’t include a world war or economic recession.
By Staff |October 23, 2017
40% of those surveyed say that if interest rates go up much more, they are afraid they will be in financial trouble.
By Staff, with files from The Canadian Press |October 23, 2017
1 min read
Canadian financial institutions are predicting the Bank of Canada won’t change its target for the overnight interest rate at its announcement next week. In a research note on Friday, CIBC Capital Markets chief economist Avery Shenfeld suggested the central bank wouldn’t raise the interest rate for a third time this year. Citing strong economic growth, […]
By Staff |October 20, 2017
The federal government should take advantage of strong economic growth and a smaller-than-expected 2016-17 budget deficit to reduce deficit-financed spending when it issues its fall economic statement next week, a research note from RBC says. Finance Minister Bill Morneau will deliver his fall fiscal update on Oct. 24. Budget 2017 projected a $28.5-billion deficit for […]
The Conference Board of Canada predicts growth across the nation.
By Staff |October 19, 2017
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