News and resources for Canada's top financial advisors
Economic Indicators
National home sales rose in June 2013.
By Staff |July 15, 2013
3 min read
Investors have spiced up the U.S. housing recovery.
2 min read
Although the loonie bounced back this week, it still trades at a low level relative to where it’s been for the past three years. Is the most recent decline a sign that the Canadian dollar is at the beginning of a longer-term drop against its U.S. counterpart?
By Gareth Watson |July 15, 2013
The Big Mac Index is The Economist’s way of analyzing purchasing-power parity, a theory that states in the long run, exchange rates should adjust so goods and services cost the same everywhere. Read: BoC will maintain inflation: Poloz The magazine uses McDonald’s Big Mac because it’s made with the same ingredients in almost every country […]
By Staff |July 12, 2013
1 min read
Russian ambassador previews main G-20 summit event of 2013, set to occur in September.
The true costs of congestion in Canada's cities are higher than previously estimated, according to a report released today by the C.D. Howe Institute.
By Staff |July 11, 2013
Almost half of Canadian manufacturers are more optimistic than their international counterparts about the global economy.
By Staff |July 9, 2013
Canadian firms’ aren't investing until growth prospects improve.
July 8, 2013
Perry Capital is suing the U.S. Treasury. The hedge fund says the Treasury violated the rules associated with its control of Fannie Mae and Freddie Mac in 2012, reports ft.com. This is because the Treasury requires Perry Capital to direct all profits back to the U.S. government as a dividend. Read more. Also read: Citigroup […]
Today, Mike Lake, parliamentary secretary to the Minister of Industry, kicked off a weeklong tour of Quebec.
By Staff |July 8, 2013
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