Economy

Canadians paid down record amount of debt amid pandemic, StatCan says Canadians paid down record amount of debt amid pandemic, StatCan says

Market Insights

Canadians paid down record amount of debt amid pandemic, StatCan says

Mortgage debt, however, rose by a record $99.6 billion

By The Canadian Press |August 23, 2021

2 min read

Retail sales gained 4.2% in June as restrictions eased Fallback Image Decorative pattern

Economic Indicators

Retail sales gained 4.2% in June as restrictions eased

The preliminary estimate for July, however, suggests sales may have dipped last month

By The Canadian Press |August 20, 2021

2 min read

Forecasting growth amid Covid’s fourth wave Fallback Image Decorative pattern

Economic Indicators

Forecasting growth amid Covid’s fourth wave

Damage from Delta may be limited, economist says

By Michelle Schriver |August 17, 2021

3 min read

As leverage rises, systemic stress may also be lurking: Fitch Fallback Image Decorative pattern

Economic Indicators

As leverage rises, systemic stress may also be lurking: Fitch

Higher borrowing, overheated housing markets are vulnerabilities

By James Langton |August 17, 2021

1 min read