Economic Indicators

Secondary currencies can reap returns

Consider secondary currencies when looking for yield, says Patrick Bradley, a product specialist with the global fixed-income team at Brandywine Global in Philadelphia. He's also a manager of the Renaissance Optimal Income Portfolio

By Martha Porado |August 29, 2012

2 min read

Economic Indicators

U.S. consumer confidence lowest since Nov 2011

Americans are feeling worse about the economy than they have in a long time.

By Wire services |August 28, 2012

3 min read

Economic Indicators

Government to tighten belt: CIBC

Government spending will decline 0.9% in 2013 to 2014—a 0.2 percentage point drag on real GDP growth, finds CIBC. “Our analysis points to yet another drop in real expenditures, with no major offset from planned tax reductions,” says Avery Shenfeld, chief economist at CIBC. Read: Canada’s GDP will grow by 2.6%: RBC He adds although […]

By Staff |August 28, 2012

2 min read

Economic Indicators

Scotiabank earnings soar 57% in Q3

Scotiabank profits grew by 57% in the Q3 2012, as its divisions boosted performance and benefited from the sale of the bank’s Toronto headquarters.

By Staff |August 28, 2012

1 min read

Demographics won’t hurt the housing market

Demographic forces will aid, rather than hinder, the real estate market over the coming decade, says Benjamin Tal, deputy chief economist at CIBC in a report. This is because the age group that makes up the majority of first time homebuyers (25-to-35) will continue to grow, he says. Read: Housing bubble to burst Those under […]

By Staff |August 23, 2012

1 min read

Canada’s entrepreneurs push forward

Canadian business owners and entrepreneurs are resilient in tough economic times, finds new data from the Business Development Bank of Canada (BDC). BDC’s clients collectively borrowed $3.8 billion and the BDC spread $126.8 million in venture capital this past fiscal year. Read: Targeting female entrepreneurs The bank’s consolidated net income of $533.4 million indicates their […]

By Staff |August 23, 2012

1 min read

Vik’s Pick: Find returns in sideways markets

As the Bank of Canada’s latest monetary policy report indicates, we’re in a period of extended anemic growth and low interest rates. That means money managers have to come up with investment strategies that will help investors weather this storm.

By Vikram Barhat |August 21, 2012

3 min read

Economic Indicators

Secondary currencies can reap returns

U.S. consumer confidence lowest since Nov 2011

Government to tighten belt: CIBC

Scotiabank earnings soar 57% in Q3

BMO reports 37% earnings increase

Is Japan the next big credit risk?

August enthusiasm cools

Demographics won’t hurt the housing market

Canada’s entrepreneurs push forward

Vik’s Pick: Find returns in sideways markets