Economics

TD upgrades economic forecast

The Canadian economy continues to clip along nicely, prompting an upgrade in growth expectations from TD Economics. The forecast for 2011 is now 3.0%, up from the bank’s 2.6% prediction in December. The faster than expected recovery in the U.S. economy gets much of the credit for that boost, along with general global demand for […]

By Staff |March 16, 2011

2 min read

Market Insights

Export surge boosts Canadian economy

Solid net exports in the final quarter of 2010 helped Canada’s economy finish the year with stronger than expected gains, according to the latest Economic Outlook released today by RBC Economics. Net exports added 4.5 percentage points to the quarterly growth rate, the report explains. Consumer spending also played a vital role in driving overall […]

By Staff |March 11, 2011

2 min read

Economic Indicators

Canadians upbeat on finances, economy

Consumer confidence is higher now than it was in November of last year, according to the latest Harris/Decima-Investor’s Group Measure of Consumer Confidence. The upbeat mood also extended to their personal financial wellbeing and their short- and medium-term outlook—personally and for the Canadian economy. The overall measure of consumer confidence increased from 82.8 last November […]

By Staff |March 8, 2011

2 min read

Economic Indicators

U.S. debt fight may spook markets

Earlier this week the U.S. Treasury revised its estimate for when Washington will hit the $14.294 trillion statutory limit on government borrowing. The limit is now expected to be reached between April 15 and May 31, having previously been pegged at April 5 to May 31. The announcement was accompanied by the usual dire warnings […]

By Dean DiSpalatro |March 4, 2011

4 min read

Canadian fears of foreign control unfounded

Corporate assets, revenues and profits of foreign-controlled firms in Canada took a beating as the share of Canadian-controlled firms grew at an increased pace in 2008, according to a recent Statistics Canada report.

3 min read

China, U.S. partnership needs to evolve

It's a strange dance with partners on either side of the Pacific. The U.S. and China need each other, yet there is growing unease at the seemingly one-way flow of capital, jobs and technology in this relationship.

4 min read

U.S. to lead recovery: Laurentian Bank

Looking for a contrarian conversation starter to put in front of your clients? Try the sunny outlook for the U.S. economy, which may be positioned to outperform in 2011, according to Laurentian Bank. The U.S. economy has already recovered “all economic activity lost during the recession,” and is building upon that base, says Sébastien Lavoie, […]

By Steven Lamb |February 16, 2011

2 min read

Top execs forecast global trends

India and China have the best prospects for economic growth over the next year, according to the 461 finance and business executives from around the world who participated in a recent RBC Capital Markets survey.

By Staff |February 7, 2011

2 min read

Economics

TD upgrades economic forecast

Export surge boosts Canadian economy

Canadians upbeat on finances, economy

U.S. debt fight may spook markets

Canadian fears of foreign control unfounded

China, U.S. partnership needs to evolve

Economics, retirement planning go hand in hand

U.S. to lead recovery: Laurentian Bank

Finances, economic outlook worrying Canadians

Top execs forecast global trends