Economy

Home sales down in February

National home sales activity edged back down on a month-over-month basis in February 2013 following an increase in January, according to statistics released today by the Canadian Real Estate Association (CREA).

By Staff |March 15, 2013

2 min read

Economic Indicators

Central bank intervention is the new norm

Central bank stimulus is now driving asset values around the world.

By Jacqueline Louie |March 15, 2013

2 min read

Economic Indicators

Budget 2013 will target tax loopholes: KPMG

Budget 2013 will likely bring more measures to close tax loopholes.

By Staff |March 14, 2013

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Economic Indicators

Canada’s economic ranking improves

Canada's steady performance in 2012 helped the country move up in terms of economic ranking.

By Staff |March 14, 2013

2 min read

Economic Indicators

New home prices rise

It’s getting more expensive to buy a brand new home in some Canadian cities. The New Housing Price Index (NHPI) rose 0.1% in January, following a 0.2% increase in December, says Statistics Canada. On a year-over-year basis, the NHPI rose 2.2% in the 12 months to January, following a 2.3% increase the previous month. Read: […]

By Staff |March 14, 2013

1 min read

Economic Indicators

Sequestration: Wrong cuts, wrong time

Ordinary Americans are starting to feel the sting of sequestration, and it will get worse if Congress and President Obama don’t come to an agreement in the coming weeks.

By Dean DiSpalatro |March 13, 2013

2 min read

Economic Indicators

Long-lived rich skew retirement debate

People are generally living longer, healthier lives. But in the U.S., it’s the higher income earners that are skewing the debate about whether the government should increase the retirement age, reports The Washington Post. The rich are living about 4.5 years longer than the poor (as of 2000). Part of this is the result of […]

March 12, 2013

1 min read

Economic Indicators