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News
Triggering a Canadian Investment Supercycle
12+ hour, 53+ min ago (226+ words) Beata Caranci, Senior Vice President & Chief Economist Derek Burleton, Deputy Chief Economist | 416-982-2514 If policymakers get it right and lean more heavily into creating a pro-competitive environment, the investment outlook could be in for a series of upgrades that defies recent…...
RECAPPING: US PHILADELPHIA FED NON-MANUFACTURING EMPLOYMENT INDEX 2.1 IN AUG. VS. 12.4 IN JULY
1+ day, 10+ hour ago (29+ words) TradingView RECAPPING: US PHILADELPHIA FED NON-MANUFACTURING EMPLOYMENT INDEX 2.1 IN AUG. VS. 12.4 IN JULY...
Burlington public servant, 26, finally makes enough to move closer to downtown Toronto job
3+ day, 7+ hour ago (855+ words) Name, age: Logan, 26 Debt: $8,677 student debt Savings: $1,647 in savings account, $37,311 in tax-free savings account (TFSA), $29,882 in first home savings account (FHSA), $11,200 in unregistered investments What they do: Ontario public servant Where they live: Burlington, Ont. Top financial concern: “Contract work....
Canada's spending streak under threat ahead of key rate call | Canadian Mortgage Professional
5+ day, 5+ hour ago (495+ words) June retail data beat forecasts, but July's early read puts the brakes on Canadian retail sales extended their winning streak in June, rising 0.6% to $74.3 billion as consumer spending held up across most of the economy. However, a preliminary estimate from…...
Canada: Q2 GDP rebound faces future headwinds??? RBC
5+ day, 10+ hour ago (419+ words) "Next Friday’s Canadian gross domestic product reports for June and Q2 are expected to confirm a strong rebound in economic activity following stalling growth over the winter." "We expect a 0.2% increase in June, in line with Statistics Canada’s earlier advance estimate to…...
If I Could Tell Every Investor 1 Thing About Preparing for a Recession, It's This - AOL
6+ day, 21+ hour ago (332+ words) Many people choose to sell their stocks during a recession and a bear market. That's usually the wrong move and can damage your long-term returns. Investing through a recession, however, can actually enhance your returns over time. Recessions can be…...
Govt bond yields seen opening higher after hawkish RBI MPC minutes | Markets News
1+ week, 8+ hour ago (333+ words) Market participants expect the 10-year bond yield to rise 1-2 bps and the five-year yield 2-3 bps as traders factor in the possibility of a December rate hike Government bond yields are expected to open higher on Thursday following the release of…...
Workers clock in at 03h00 to avoid lenders
1+ week, 1+ day ago (498+ words) Some workers struggling to repay loans are allegedly changing their working hours and reporting for duty as early as 03h00 to avoid being confronted by lenders at their workplaces. The claim was made by public servant Michael Amakali, who told a…...
BMO Dismisses Canada???s Soaring Insolvencies. Here???s Why They???re Wrong
1+ week, 6+ day ago (489+ words) Canadian insolvency filings have been surging, but it doesn’t really matter. That was the take from BMO Capital Markets, which dismissed the issue due to population growth. In a note to investors, the bank explained the per capita trend remains…...
labor force participation Archives
1+ week, 6+ day ago (54+ words) GoldSilver When the US economy loses 23,000 jobs and gold climbs toward $4,400, most investors are confused. Here is the exact monetary mechanism that explains why a bad jobs report is consistently good for gold — and why the composition of this rally…...