Latest news in Research and Markets

Arrow blocks

Real GDP grew 0.2% in February: StatsCan

Canadian economy lost steam after strong start to year

housing costs

Majority of aspiring homeowners awaiting rate cuts: BMO poll

Plans are being delayed to 2025 and beyond, the survey says

Fed’s new challenge: Spend-happy consumers

Work-from-home trend, wealthy retirees drive shifts in U.S. consumer patterns

binoculars

Ratings for global financial sector trend positive: Fitch

Sovereign ratings drive bulk of positive rating action

Green forest

Sustainable fund flows rebound in Q1: Morningstar

Canadian fund flows perk up, while U.S. sees record outflows

Federal Reserve building

Fed’s preferred inflation gauge shows price pressures stayed elevated last month

Many economists envision no rate cuts before September

growth in challenging times

U.S. growth slowed sharply last quarter to 1.6% pace

Higher interest rates are weighing on the economy

Man searches for job on the internet

Employment numbers slide in February: StatsCan

Payrolls dip, but vacancies and wages rise

Aging

More than 1 in 4 aging Americans don’t expect to retire: AARP

Nearly three-quarters are concerned about prices rising faster than incomes

Statistics Canada reports dip in retail sales

February result weighed down by slumping fuel sales

Bitcoin cryptocurrency with a pile of coins and smartphone, Vector illustrator

Interest in cryptoassets increasing among firms and institutional investors: survey

Half of financial services respondents said they offered cryptoasset services in 2023, up from 41% in 2021

  • By: IE Staff
  • April 24, 2024 April 24, 2024
  • 10:43

Financial planning projections generally brighter in 2024

Canadian equities are projected to return 6.4% over the next decade, up slightly from last year

U.S. flag and voting stickers

U.S. election outcome looms large for Canada

Risk of a trade war, inflation, higher interest rates accompanies U.S. vote

Equifax testing use of rent data for credit scores

Policy could be a double-edged sword for renters, advocates warn

Fund sales slip in March, but assets rise: IFIC

ETFs outperform mutual funds in both net sales, asset gains

Wall Street banks see brighter capital markets

A rebound in investment banking represents a ray of hope for sector

inequality between people

Wealth gap widens to highest since 2015: TD

Middle- and low-income households saw stagnated income growth or declines

Mining resources

Raw materials prices rise in March: StatsCan

Surging crude energy prices drive higher raw material costs

Tiff Macklem

Macklem says different countries will cut rates at own pace

Economists expect Canada to begin cutting interest rates before the U.S.

Busy globe

Global credit risks abound, even as growth surprises

Short-term strength overshadowed by rising rate uncertainty

Heavy weight

Household debt climbs higher: StatsCan

Mortgage borrowing accelerates, while other sources of debt growth slow

auction

New one-month T-bill launches in May

New instrument aims to fill a void created as CDOR is retired

Dollar graph

Yellen says Iran’s actions could cause global economic spillovers

Treasury secretary tells meetings of the International Monetary Fund and World Bank of the importance of using economic tools to counter malignant activity

U.K. compass points to inflation

U.K. inflation falls to lowest level since late 2021

Easing prices, including for food, pave the way for a welcome cut in interest rates soon