Headline CPI rose significantly in May with widespread increases among categories. This was the first time since March 2016 that all major categories were up in the month. With price pressures coming from several sources, it is not surprising to see...
"On a year-to-date basis, employment in Canada is up a whopping 250K, the best such permformance since 2002 with 77% of jobs being full-time and 76% coming from the private sector" Full Article
The main culprit is the escalation of the trade dispute which has had the world's two leading economies opposed for over a year now. Indeed, just as markets expected Chinese and U.S. officials to announce some form of agreement, rather it was a new...
"As a country, Canada is paying foreign bond investors record amounts of interest (at least in current dollars). That’s the direct financial compensation that comes from having steered such a significant share of outstanding debt away from domestic...
Some 107,000 jobs were added in April in Canada, the largest monthly increase ever recorded. The surge in cyclical sectors, particularly construction and finance/real estate, should reassure those concerned about the housing market and...
Canada's real GDP fell 0.1% in February, a touch below the flat print expected by consensus. The headline number was derailed by an atypical drop in Transportation & Warehousing caused for the most part by the biggest contraction on...
The S&P 500 hit a record high on April 26, just a few days after the S&P/TSX (April 23). Decent U.S. economic growth with relatively tame inflation, dovish central banks, and better-than-expected earnings are keeping equity markets on an...
"Even if it's not easy to be positive about Canada's economy these days, activity on this side of the border has been much more resilient than expected. Case in point, Citi's economic surprise index for Canada has remained in positive...
With spring before us, most investors will be pleased to find not only their backyard turning green again, but also their portfolios. Whatever the asset class, sector, term, credit, or factor, Q1 has seen substantial gains across the board....
The federal Liberal government’s 2019 fiscal blueprint landed Tuesday, all 460 pages of it. One day removed from Budget 2019— grandly titled “Investing in the Middle Class”—you’ll have little difficulty sourcing opinion/reaction… be it from...
