Latest news in Research and Markets

Former BoC governor warns of low business investment, lost productivity

Investment levels in Canada’s private sector dampened by higher government spending, volatility in U.S. trade relations: Poloz

chart showing downward movement

DBRS downgrades CI ratings

Rating outlook remains negative as credit fundamentals weaken

crunching numbers

Debt pressure to remain, even as rates ease: Fitch

Forthcoming mortgage resets will continue driving debt service costs higher in certain markets

Merger image

Canadian M&A edged higher in Q1: Crosbie

Deal volume rises, transaction value stable to start the year

Canadian flag and chart

Immigration provides important buffer for Canadian economy: RBC

Canada's population size expected to be 2.5% smaller in 2027, compared with original estimates, due to policy changes: report

Canadian flag

Active managers fail to sustain results: S&P report

Outperformance tends to be relatively short-lived, says latest persistence scorecard

  • By: IE Staff
  • May 30, 2024 May 30, 2024
  • 13:10
Man searches for job on the internet

The number of Americans applying for jobless benefits inches up

Jobless claims for the week ending May 25 rose by 3,000 to 219,000, up from 216,000 the week before

100-dollar-bill

U.S. economic growth rate revised down to 1.3% in last quarter

Consumer spending also rose in the last quarter, but at a slower pace than previously thought

Inflation pressures keeping Fed rate cuts on pause

Key reason for the delay in cuts is lingering effects of the pandemic

Household debt burden

Residential mortgage debt hits $2.16 trillion: CMHC

Total owed is up 3.4% year over year, representing slowest growth in 23 years

China currency

IMF upgrades its forecast for China’s economy

But consumer-friendly reforms are needed to sustain growth

Fitch downgrades TD Bank outlook to negative

Rating agency cites potential fallout from anti–money laundering deficiencies at the bank

AML issues aside, TD had solid quarter: Moody’s

Strong revenues boost earnings amid rising provisions, charges

business woman

Business optimism grows in Q2: StatsCan

Labour-related concerns increase, but sentiment improves regardless

Governor Tiff Macklem and senior deputy governor Carolyn Rogers

Will the BoC cut in June?

A National Bank economist explains why the answer is unclear

Modern urban skyscrapers in downtown Chicago from below to the blue summer sky. Sun reflecting in the glass facades of the urban futuristic buildings. Chicago, Illinois, USA

Bank capital reforms poorly timed, Scotia warns

Tougher capital rules may lead to sharply lower lending

Arrow up

Assets surge in Q1 for U.S. fund industry: Moody’s

Markets drive industry AUM higher, net flows positive for large firms

Retail sales down 0.2% in March

However, StatsCan says its early estimate of the metric for April was a 0.7% increase

inflation

Sticky services inflation stymies rate cuts: Fitch

Wages, housing costs stoking price pressures in services

credit card concern

Money is the leading stressor for nearly half of Canadians: survey

Grocery prices, general inflation and housing-related costs are the top sources of financial stress

  • By: IE Staff
  • May 23, 2024 May 23, 2024
  • 06:55
Federal Reserve building

Federal Reserve minutes: Policymakers saw a longer path to rate cuts

Meeting minutes show that officials debated whether their benchmark rate was exerting enough of a drag on the economy

investment risk

Mortgage lending among top risks facing financial system: OSFI

Regulator says homeowners could face payment shocks due to higher interest rates when they next renew their mortgages

money flow

ETF sales defy decline in fund assets: IFIC

Markets drove both mutual fund and ETF assets lower in April

home sale

U.S. existing home sales drop 1.9% in April

Median price of previously occupied homes rose 5.7% to $407,600 — the tenth straight increase and a record for April

Japan credit card

Japan racks up trade deficit as imports balloon due to cheap yen

Trade deficit in April grew nearly 8% from a year earlier