Economic Indicators

Decorative pattern

Economic Indicators

Steady gains in housing market

Growing homebuyer demand and increased new-home construction suggests that Canada’s housing industry is headed toward a soft landing instead of a sharp correction, says Bloomberg News. The average home selling price in May 2013 is up 5.4% to $542,174 from May of last year, reports the Toronto Real Estate Board. Meanwhile, Statistics Canada says cities […]

June 6, 2013

1 min read

Decorative pattern

Economic Indicators

A look at the global economy

The global economy is recovering, so be prepared to capture upward trends.

By Martha Porado |June 6, 2013

2 min read

Decorative pattern

Economic Indicators

Local purchasing boosts economy

Purchasing goods from locally-based suppliers creates nearly twice as much benefit to the local economy as buying from multinational chains.

By Staff |June 5, 2013

2 min read

Decorative pattern

Economic Indicators

Diversify fixed income to reduce risk

Investors should approach corporate bonds simply as lower-beta versions of stocks, says Jeff Waldman, first vice president of global fixed income at CIBC Asset Management.

By Martha Porado |June 4, 2013

2 min read