Economic Indicators

Decorative pattern

Economic Indicators

China, U.S. equity fund indices up 5.1% in February: Morningstar

Forty-one of Morningstar Canada’s 44 fund indices increased during the month of February, reveals a preliminary report by Morningstar Research. In fact, 20 indices increased by more than 2%. The indices measure the aggregate returns of funds in various standard categories. Most stock market indices outside Canada were positive in February, while the Canadian dollar […]

By Staff |March 2, 2017

2 min read

Decorative pattern

Economic Indicators

82% of Canadian millennials expect to buy homes soon

The generation that disrupts business by demanding customization and embracing the sharing economy is showing a more traditional side when it comes to home ownership. That’s because a whopping 82% of Canadian millennials say they intend to buy a home in the next five years, reveals an HSBC study. Further, more than a third (34%) […]

By Staff |March 1, 2017

2 min read

Decorative pattern

Economic Indicators

BoC holds rates, notes ‘material excess capacity’

The BoC pointed to “material excess capacity” in the economy as it held its benchmark lending rate at 0.5%. January’s higher inflation reading of 2.1% reflected the impacts of provincial carbon pricing measures, the BoC said in a statement, adding that it expects this upward pressure on energy prices to be temporary. “Don’t talk to […]

By Staff |March 1, 2017

1 min read

Decorative pattern

Economic Indicators

Saskatchewan and Manitoba tops for mining investment

Saskatchewan and Manitoba are now the two most attractive jurisdictions for mining investment in the world, finds the Fraser Institute in its annual global survey of mining executives. The survey rates 104 jurisdictions around the world based on both their geologic and policy attractiveness. The two Canadian provinces beat out Western Australia, which fell from […]

By Staff |March 1, 2017

2 min read