Economy

Canada’s capacity utilization jumps

Canada's capacity utilization number for the 2010 third quarter was up rather smartly at 78.1% versus a revised second quarter's 76.9%, up from 76%. Although the rate of change is softer than previous quarters, it bested the street median forecast at 76.5% by a wide margin, as well as our own slightly more optimistic 76.6%.

By Staff |December 13, 2010

2 min read

Global economy divided in 2011

On the topic of the global economy, UBS has taken a Darwinian approach.

By Staff |December 9, 2010

2 min read

Canadian economy, GDP not measuring up

The latest news on Canada’s economic growth has been disappointing, revealing a sputtering economy. In spite of the growth rates seen earlier this year in Q2, the September GDP dipped by 0.1% and as for Q3 results, the GDP came in at 1.0%, disappointing the general expectation of 1.5% and the Bank of Canada forecast […]

By Staff |November 30, 2010

2 min read

Home affordability improves: RBC

For the first time since 2009, housing affordability has improved in Canada, according to a report from RBC. In the third quarter of 2010, mortgage rates dropped and home prices declined. “The improvement in affordability during the third quarter has relieved some of the stress that had been mounting in Canada’s housing market over the […]

By John Powell |November 29, 2010

3 min read