Economic Indicators

Decorative pattern

Economic Indicators

Federal budget: What’s in and what’s out

Here are selected highlights of what’s in and what’s out now that the federal budget has been tabled. What’s in (Explanations of tax credits are courtesy of EY’s report on the budget.) What’s out Spending for families, students and workers Overall, the budget is light on spending and long on vision. Note that most of […]

By Staff, with files from The Canadian Press |March 22, 2017

4 min read

Decorative pattern

Economic Indicators

What should your clients do with their ‘mortgage gap’ money?

When there’s a gap between the mortgage your client qualifies for and the one he actually gets, what should he do with the extra money? It’s a question posed by Garry Marr in the Financial Post. Mortgage rules were tightened in October, requiring homebuyers to qualify based on the Bank of Canada’s posted rate for […]

By Staff |March 22, 2017

2 min read

Decorative pattern

Economic Indicators

Future of private investment depends on direction of monetary policy

Global growth may be strengthening, but, when it comes to global private investing, the outlook may not be so rosy if central banks start tightening, reports PIMCO in a cyclical outlook report. Read: Global growth hinges on fiscal stimulus: OECD For instance, the report forecasts world GDP growth of 2.75% to 3.25%, and CPI inflation […]

By Staff |March 22, 2017

2 min read

Decorative pattern

Economic Indicators

January retail sales ‘on fire’

The Canadian economy continues to gather momentum.

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

1 min read