Economic Indicators

Economic Indicators

The story behind oil market volatility

In March, there was a lot of volatility around the price of oil. Why?

By Sarah Cunningham-Scharf |April 18, 2017

3 min read

Economic Indicators

Overvalued housing will deepen Canada’s next recession: CIBC

High housing prices in Toronto and Vancouver will make the next recession in Canada deeper and longer, CIBC economists say. “[A] correction in house prices in Ontario and B.C. might well lop off a few decimal places from growth through softer consumer spending, in addition to a direct hit to residential construction,” Avery Shenfeld, chief […]

By Staff |April 13, 2017

2 min read

Economic Indicators

Cannabis stocks fall on Trudeau legislation for legal pot

"Strict legal framework" to be applied to pot production, sale, distribution and possession.

By Staff, with files from The Canadian Press |April 13, 2017

2 min read

Economic Indicators

Speculators drive housing demand in GTA, but who will help?

The Bank of Canada’s governor says there is increasing evidence of speculation in Toronto’s hot housing market, where the average price of a detached house has surpassed the $1.5-million mark. Read: Why the BoC sees just 1.8% growth in 2019 Stephen Poloz says demand is being driven more by speculators or investors, rather than by […]

By Staff, with files from The Canadian Press |April 12, 2017

3 min read