Economy

Economic Indicators

Projections of OAS cost ratio indicate stability

However, emerging trends weigh on projected costs

By Staff |November 6, 2023

2 min read

Policy

Ontario launching infrastructure bank with $3B in public funding

Proposal was part of the province's fall economic statement on Thursday

By Allison Jones and Liam Casey, The Canadian Press |November 3, 2023

4 min read

Economic Indicators

Canadian business insolvencies surge almost 42% from last year

Withdrawal of Covid-19 support, higher interest rates and softening consumer spending are challenges

By The Canadian Press |November 3, 2023

2 min read

Economic Indicators

Canada’s jobless rate rises to 5.7% in October

Labour market is softening in the face of higher interest rates

By The Canadian Press |November 3, 2023

2 min read

Economic Indicators

U.S. employers pulled back on hiring in October

A modest 150,000 U.S. jobs were created in the month amid higher borrowing rates

By Paul Wiseman, The Associated Press |November 3, 2023

3 min read

Economic Indicators

Greater Toronto home sales drop 5.8% in October amid high borrowing costs

Still, the average home price rose 3.5% year over year

By Sammy Hudes, The Canadian Press |November 2, 2023

2 min read

Policy

BoE keeps main U.K. interest rate at 15-year high

The central bank warned that borrowing costs will likely stay elevated for some time

By Pan Pylas, The Associated Press |November 2, 2023

3 min read

Economic Indicators

Calgary Real Estate Board reports 17% increase in home sales for October

But inventory levels remain lower than what's traditionally available for the month

By The Canadian Press |November 1, 2023

1 min read

Policy

Fed leaves key short-term interest rate unchanged

Leaves the door open to further rate hikes if inflation pressures should accelerate in the months ahead

By Christopher Rugaber, The Associated Press |November 1, 2023

4 min read

Economic Indicators

U.S. job openings rise slightly to 9.6 million

Labour market shows strength, even as the Fed tries to cool the economy

By Paul Wiseman, The Associated Press |November 1, 2023

2 min read

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