Economic Indicators

Decorative pattern

Economic Indicators

Companies invest in communities despite uncertain economy

A majority (85%) of Canadian companies have maintained or even increased their community investment budgets despite the uncertain economic climate of the past five years, finds The Conference Board of Canada. “The community investment sector in Canada appears to be largely recession-proof,” says Michael Bassett, Senior Research Associate. “Corporate values and tradition, as well as […]

By Staff |April 2, 2013

1 min read

Decorative pattern

Economic Indicators

Why Canada will underperform in 2013

Canada’s economy will be weak this year. But 2012 went well, especially compared to other G7 countries, says Pablo Martinez, assistant vice president of global fixed income at CIBC Asset Management. We had real GDP growth of 2.1% and created 310,000 jobs in 2012, beating analyst expectations. But one-third of these new jobs were in […]

April 2, 2013

2 min read

Decorative pattern

Economic Indicators

Banks still pushing low mortgage rates

Despite Minister Flaherty’s push to cool an overheated housing market and stop banks from offering low mortgage rates, many aren’t co-operating. In fact, some Canadian banks continue to advertise rates as low as 2.89% within their branches, says the Globe and Mail. This includes BMO — a Montreal branch was offering the 2.89% rate just […]

March 28, 2013

1 min read

Decorative pattern

Economic Indicators

Base metals will bounce back

Base metals are struggling, but long-term forecasts are positive.

By Dean DiSpalatro |March 28, 2013

2 min read