TFSA usage drops as Canadians cope with higher cost of living: BMO
One in four deferred investing to pay down debt amid high interest rates, according to a survey
- By: Jonathan Got
- January 18, 2024 January 18, 2024
- 08:46
One in four deferred investing to pay down debt amid high interest rates, according to a survey
Real GDP in China grew by 5.2% last year but is expected to slow in the year ahead, Desjardins says
While more investors said they're using alternative sources, the costs of such data may be coming down
Inflation was 4% in December, up from 3.9% the month before, the first increase in 10 months
Long the most populated country in the world, China dropped into second place behind India in 2023
The report suggested that shoppers will be able to keep fuelling economic growth this year
Strategist sees a rotation back into defensive stocks and cyclical sectors
The Bank of Canada is expected to hold its key interest rate at 5% next week
Meanwhile, asking rents jumped 8.6% in December to hit record $2,178
SEC approval clears the way for mainstream industry to get into crypto, but risks remain
Population growth must slow sharply before productivity can improve, report says
Consumers have changed their spending habits in response to higher inflation, interest rates
Sales of chemical products rose, while car sales fell
StatsCan will release its consumer price index report on Tuesday, offering a look at the overall inflation rate for 2023
Softer price report could reassure the central bank's policymakers
Energy and housing prices fuelled the increase
Research finds disparities arise from differences in labour distribution as well as participation
Foreign-worker flows are a key uncertainty in forecast, Desjardins says
Central bank will need a communications shift to navigate policy pivot, TD says
While most retirees believe they are in a financially strong position, about 15% describe their financial position as "poor"
Inflation, specifically, stood out as a major issue in Associated Press-NORC Center for Public Affairs Research poll
Total imports rose 1.9% while exports fell