JPMorgan chief warns of threats to U.S. economic resilience
Jamie Dimon says inflation, political polarization, wars creating risks not seen since Second World War
- By: Ken Sweet
- April 8, 2024 April 8, 2024
- 12:01
Jamie Dimon says inflation, political polarization, wars creating risks not seen since Second World War
Canada’s unemployment rate jumps to 6.1% in March
The unemployment rate has come in below 4% for 26 straight months
RBC Capital Markets leads both debt, equity league tables
Declining mortgage rates, strong population growth will help spur a rebound in sales and prices
Trio of Canadian dealers climb global league tables
Says recent data showing signs of persistent inflation don’t materially change the overall picture
AI products gain favour, while crypto ETFs see outflows
Toronto sales down 4.5%, Vancouver down 4.7%
Price rises slow down in two biggest economies: Germany and France
Province also extends gas tax cut by three months, doubles the fertility tax credit and changes property taxes
Improvements were due to strong equity performance and interest rate increases
And a Deloitte report finds Canada could dodge a recession
Positive workforce trends to cushion impact of aging population
Payrolls, weekly earnings, labour demand rose in January, StatsCan reports
Momentum may have extended into February
Curbing temporary workers to ease pressure on housing will hurt growth
Xi Jinping calls for closer trade ties with the U.S.
CMHC says construction of new homes in Canada's six largest cities remained near all-time highs last year
Housing issues are forcing businesses to boost pay to better attract talent