Economics

Resource surge may be killing jobs

The past decade has been highly profitable for Canadians invested in resources—and let's face it, that includes virtually every investor.

By Staff |June 1, 2011

2 min read

Market Insights

USD outlook negative despite improving data

Despite improving labour conditions the negative outlook for the greenback remains unchanged owing to the Fed's acceptance of inflation in order to stimulate growth and employment.

By Vikram Barhat |May 12, 2011

2 min read

Economic Indicators

Fed signals end to QE2

The Federal Reserve is signalling that its $600 billion Treasury bond-buying program will end in June as planned because the economy has strengthened and companies are starting to hire more. Ending a two-day meeting Wednesday, the Fed made no changes to the program. The decision was unanimous. The bond purchases were intended to lower loan […]

By Wire services |April 27, 2011

2 min read

Economic Indicators

U.S. new home market warms

More Americans bought new homes in March, helping give the battered industry a small lift after the worst winter for sales in almost a half-century. The Commerce Department says new-home sales rose 11 per cent last month to a seasonally adjusted rate of 300,000 homes. That follows three straight monthly declines. But it remains far […]

By Wire services |April 25, 2011

1 min read

Tools for macroeconomic events

Our hearts and thoughts are with the Japanese people in this moment of darkness. From it, the volatility in financial markets, across all asset classes, has been nothing short of breathtaking and, it must be managed

4 min read

Despite hiring rebound, Americans downbeat on jobs

Consumer confidence may be on the rise in the U.S., but almost half of Americans believe it is more difficult now to find employment than it was a year ago, according to results from the March RBC Consumer Outlook Index. According to the index, which surveyed more than 1,000 Americans, 49% believe job hunting is […]

By Staff |April 1, 2011

2 min read

Business sector to lead growth

As government consider restraint and consumers curb spending, Canada’s business sector will take charge as the leading source of growth in the Canadian economy, says a report from CIBC World Markets Inc. Canadian businesses, says the report, are set to invest in productivity gains and explore export opportunities in emerging markets. “By any measure, the […]

2 min read

American job losses slowing

The U.S. economy continues to struggle its way into a sustainable recovery. A double-dip recession is still a possibility, and that is viewed as the biggest threat to Canadian growth as well. The traditional driver of the American economy is the consumer, but unemployment remains stubbornly high. There was s spot of good news on […]

1 min read

Canada surefooted in wobbly world

Having turned the corner in 2010, Canada’s economy continues to inspire a positive outlook despite some uncertainties, according to the latest Economic and Financial Outlook by Desjardins Economic Studies. The study, released this morning, said the outlook for Canada’s economy is overall optimistic. The main sources of this sanguinity are the S&P/TSX, which has outperformed […]

4 min read