Rising mortgage stress is still manageable, DBRS says
Capital requirements to grow, profits under pressure for mortgage insurers
- By: James Langton
- November 7, 2023 November 7, 2023
- 13:36
Capital requirements to grow, profits under pressure for mortgage insurers
Parents intend to leave a much greater inheritance than their children expect, survey says
Slowdown in September followed two months of faster price rises
Upcoming fall economic statement could be last chance for a policy change
Survey shows the effects of inflation and higher borrowing costs
However, emerging trends weigh on projected costs
Canada leads G7 after rebounding from early weakness
Withdrawal of Covid-19 support, higher interest rates and softening consumer spending are challenges
Labour market is softening in the face of higher interest rates
A modest 150,000 U.S. jobs were created in the month amid higher borrowing rates
Upcoming COP meeting to support fourth-quarter issuance
Still, the average home price rose 3.5% year over year
Some of the 59 companies avoiding tax were in the finance sector
But inventory levels remain lower than what's traditionally available for the month
Some 210 major projects and US$86 billion in investment have been announced in the EV, battery storage and solar fields
Labour market shows strength, even as the Fed tries to cool the economy
Geopolitical conflicts and inflation remain at the forefront of American consumers' minds
Economists estimate that sharp losses in the stock and bond markets will have a depressive effect on the economy
StatsCan's preliminary estimate for Q3 suggested the economy shrank at an annualized rate of 0.1%
Bank of Canada governor says different strategies by Bank of Canada and government of Canada are making it harder to bring inflation down
Recent survey finds 36% reported having missed a bill payment this year
Escalation of Israel Hamas war could cause global oil supply to shrink by 6 million to 8 million barrels per day, report says
Leaders expected to maneuver to get slowing economy back on track