Economic indicators

Housing starts surged in June to slightly reverse downward trend

Economic Indicators

Housing starts surged in June to slightly reverse downward trend

Homebuilding still expected to be a drag on residential investment in coming quarters

By Ian Bickis, The Canadian Press |July 18, 2023

2 min read

Decorative pattern

Economic Indicators

Wholesale sales saw largest monthly increase since November 2021

StatsCan reported sales were up in four of the seven subsectors that it tracks

By The Canadian Press |July 17, 2023

1 min read

Decorative pattern

Economic Indicators

Population growth the “wrinkle” in BoC’s inflation plan

A growing population has boosted spending and the housing market but could help tame wage inflation, reports say

July 11, 2023

2 min read

Decorative pattern

Market Insights

What to watch for in Q2 earnings season

Wage gains may cut into profit margins, hitting stocks in the second half of the year

July 10, 2023

3 min read

Debt, savings worries up as higher interest rates and costs take a toll: surveys

Economic Indicators

Debt, savings worries up as higher interest rates and costs take a toll: surveys

The Bank of Canada has identified household debt as a key risk

By The Canadian Press |July 10, 2023

2 min read

Bank of Canada expected to raise rates despite rise in unemployment

Economic Indicators

Bank of Canada expected to raise rates despite rise in unemployment

The increase came as the economy added 60,000 jobs in June, driven by gains in full-time work

By Nojoud Al Mallees, The Canadian Press |July 7, 2023

3 min read

U.S. hiring slowed in June, but figures still solid

Economic Indicators

U.S. hiring slowed in June, but figures still solid

The latest evidence of economic strength makes it all but certain that the Fed will resume rate hikes

By Christopher Rugaber, The Associated Press |July 7, 2023

3 min read

Statistics Canada reports $3.4B merchandise trade deficit for May

Economic Indicators

Statistics Canada reports $3.4B merchandise trade deficit for May

The B.C. port strike will likely put a dent in July's trade figures

By The Canadian Press |July 6, 2023

2 min read

Decorative pattern

Economic Indicators

Toronto home sales and prices up from last June, down from May

Buyer interest remains high but supply is tight and mortgage rates tough to grapple with

By Tara Deschamps, The Canadian Press |July 6, 2023

2 min read

U.S. job openings dip to 9.8 million but remain high, showing resilience in labour market

Economic Indicators

U.S. job openings dip to 9.8 million but remain high, showing resilience in labour market

The job market's sturdiness has raised doubts about whether a downturn is inevitable

By Paul Wiseman, The Associated Press |July 6, 2023

2 min read

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