Real GDP grew 0.2% in February: StatsCan
Canadian economy lost steam after strong start to year
- By: Nojoud Al Mallees, Canadian Press
- April 30, 2024 April 30, 2024
- 09:39
Canadian economy lost steam after strong start to year
Plans are being delayed to 2025 and beyond, the survey says
Work-from-home trend, wealthy retirees drive shifts in U.S. consumer patterns
Canadian fund flows perk up, while U.S. sees record outflows
Many economists envision no rate cuts before September
Higher interest rates are weighing on the economy
Payrolls dip, but vacancies and wages rise
A weaker loonie won't necessarily stoke inflation, report says
Nearly three-quarters are concerned about prices rising faster than incomes
February result weighed down by slumping fuel sales
Half of financial services respondents said they offered cryptoasset services in 2023, up from 41% in 2021
Canadian equities are projected to return 6.4% over the next decade, up slightly from last year
Risk of a trade war, inflation, higher interest rates accompanies U.S. vote
ETFs outperform mutual funds in both net sales, asset gains
Middle- and low-income households saw stagnated income growth or declines
Economists expect Canada to begin cutting interest rates before the U.S.
Mortgage borrowing accelerates, while other sources of debt growth slow
New instrument aims to fill a void created as CDOR is retired
Treasury secretary tells meetings of the International Monetary Fund and World Bank of the importance of using economic tools to counter malignant activity
Easing prices, including for food, pave the way for a welcome cut in interest rates soon