Economic Indicators

The digital economy is the economy, says minister

In a period of low economic growth, Canada needs to invest in developing talent and skills. In particular, the country needs to prepare all Canadians to compete and collaborate in a global and digital economy. This message was delivered by Navdeep Bains, Minister of Innovation, Science and Economic Development, at the 2016 conference of the […]

By Staff |November 17, 2016

2 min read

Trump policy cheat sheet

Speculating about Trump’s administration is sure to be lively conversation fodder at this holiday season’s gatherings. Here’s an early cheat sheet of insights, courtesy of CIBC economists Royce Mendes and Avery Shenfeld. Spending and tax cuts: Together, these should drive U.S. growth of 2.1% in 2018, causing the Fed to act more quickly than expected, […]

By Staff |November 17, 2016

2 min read

What may hold back ‘Trumpflation’

Douglas Porter isn’t quite ready to call a big turnaround for inflation. Bond prices sank and yields reached a 2016 high this week as markets digested Trump’s surprise victory. Traders, predicting higher interest rates, had trimmed almost US$1.5 trillion in value from corporate and sovereign bonds as of Monday. This has led asset managers to […]

By Simon Doyle |November 16, 2016

2 min read

Wildfires to shave 0.1% off Alberta’s GDP for 2016: report

To rebuild Fort McMurray, $5.3 billion will be re-invested in Alberta'seconomy over the next three years, says Conference Board report.

By Staff |November 16, 2016

2 min read