U.S. dollar

From the loonie to the euro: currency update Fallback Image Decorative pattern

Economic Indicators

From the loonie to the euro: currency update

The Federal Reserve’s firm statement last week that a December rate hike remains on the table wasn’t good news for the loonie, which had reached US$0.83 after two hikes by the Bank of Canada. Read: Why there’s too much love for the loonie Loss of loonie steam can also be attributed to remarks from the […]

By Staff, with files from The Associated Press |September 25, 2017

2 min read

Foreign purchase of Canadian bonds hits all-time high Fallback Image Decorative pattern

Industry

Foreign purchase of Canadian bonds hits all-time high

Statistics Canada says foreign investment in Canadian securities totalled $24.0 billion in July, led by a record acquisition of Canadian bonds. Read: Expect ‘significant’ increase in bond yields: economist The total for the month reversed the sale of $858 million in Canadian securities by foreign investors in June. Statistics Canada says non-resident investment in Canadian […]

By Staff, with files from The Canadian Press |September 18, 2017

2 min read

Higher gas, housing costs lift U.S. consumer prices 0.4% Fallback Image Decorative pattern

Economic Indicators

Higher gas, housing costs lift U.S. consumer prices 0.4%

The increase suggests inflation could be picking up, but the figures may have been distorted by Hurricane Harvey.

By Staff, with files from The Associated Press |September 14, 2017

1 min read

Why there’s too much love for the loonie Fallback Image Decorative pattern

Economic Indicators

Why there’s too much love for the loonie

Poor trade data belie Canuck buck's rise

By Staff |September 11, 2017

2 min read