Economic Indicators

Economic Indicators

U.S. Q4 growth slows to weakest reading in five years

The U.S. economy lost momentum in the final three months of 2016, according to recent data.

By Staff, with files from The Associated Press |January 27, 2017

5 min read

Economic Indicators

Alternate Health enters cannabis partnership for spring production

Vancouver’s Alternate Health expects to close its 30-year joint venture agreement with Alturas Native Band in early February 2017. The agreement supports the development, production, research and extraction of cannabidiols (CBDs) to create medicinal products in a production facility in California. Read: Echelon Wealth to advise medical cannabis producer The new facility will allow Alternate […]

By Staff |January 26, 2017

1 min read

Economic Indicators

Canada bucks trend with 7% climb in VC deals

When it comes to the deal activity of companies backed by venture capital (VC), Canada bucks global declines. In 2016, VC-backed company deals rose 7% in 2016 to 266 deals, reveals a report from PwC Canada and CB Insights. Total dollars invested were US$1.7 billion, which roughly matches 2015’s figure. Both trends contrast significantly with […]

By Staff |January 25, 2017

1 min read

Economic Indicators

Following December’s bump, inflation expected to rise

Canada's annual pace of inflation ticked higher in December.

By Staff, with files from The Canadian Press |January 20, 2017

2 min read

Record global car sales expected in 2017: Scotiabank

Global car sales accelerated sharply in the final months of 2016 and are expected to continue in 2017, albeit more slowly, as global growth rises an expected 3.4%, Scotiabank says in a report. Employment growth — the key driver of car sales — is advancing at the fastest pace in more than a decade, the […]

By Staff |January 19, 2017

2 min read

PIMCO strategist says China headed for ‘marked slowdown’

A “marked slowdown” in Chinese economic growth appears inevitable by the second quarter of this year, with negative effects for both Asian and Latin American emerging markets, says a senior PIMCO strategist. Gene Frieda, London-based executive vice-president and global strategist for the bond trader, says in a market commentary that a slowdown in growth “already […]

By Staff |January 18, 2017

2 min read

India leads global economy upswing: Scotiabank

The global economy is projected to post its best performance this year since 2014, at 2.3%, reveals Scotiabank’s global outlook report. India is expected to lead the pack with growth of 7.5%, followed by China (6.4%) and Indonesia (5.3%). The GDP of the U.S. is expected to be 2.3%; Canada’s GDP, 2.0%. Read: What investors […]

By Staff |January 18, 2017

2 min read

Economic Indicators

U.S. Q4 growth slows to weakest reading in five years

Alternate Health enters cannabis partnership for spring production

Canada bucks trend with 7% climb in VC deals

Following December’s bump, inflation expected to rise

Overvalued assets to avoid

Record global car sales expected in 2017: Scotiabank

Don’t be too bullish on 2017 growth

A rate cut is on the table

PIMCO strategist says China headed for ‘marked slowdown’

India leads global economy upswing: Scotiabank