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Category: Economy (6 posts)

  • September 2, 2021 @ 4:08 PM
  • Posted by Angela Robinson

Mortgage Costs are Less Than the Rate of Inflation for the First Time in 40 Years

Nobody likes to pay more for their day-to-day living expenses, so last week’s news of July’s eyebrow-raising 3.7 per cent inflation rate caused quite a stir. According to Statistics Canada

  • November 16, 2016 @ 12:28 PM
  • Posted by Marc Crossman

What's Next for President Elect Donald Trump?

A populist uprising that has very disturbing elements of racism, xenophobia, misogyny and isolationism has taken Donald Trump to the White House–a man with no experience in government or pu

  • November 4, 2016 @ 11:13 AM
  • Posted by Marc Crossman

Canadian Jobs Blew Through Estimates, But Devil Is In the Details

      Canadian employment rose 44,000 (+0.2%) in October--much stronger than expected. But all of the gain was because of more part-time work, as full-time employment fell. T

  • April 9, 2016 @ 11:08 PM
  • Posted by Marc Crossman


Following three months of little job growth, economists expected to see a modest 5,000 increase in employment in March. The jobless rate was forecast to hold steady at 7.3%, matching the highest level

  • March 1, 2016 @ 10:29 PM
  • Posted by Marc Crossman

Q4 GROWTH AT 0.8% BOOSTS 2015 TO ONLY 1.2%

Today’s stronger than expected fourth quarter GDP figure of 0.8% annualized growth did little to assuage concerns that the Canadian economy is growing well below potential. Many expected gr

  • January 20, 2016 @ 11:16 AM
  • Posted by Marc Crossman


In an evenly divided call by market analysts, the Bank of Canada maintained its target for the overnight rate at 1/2 percent. The Bank said that inflation prospects are largely as expected and th