Latest news in Research and Markets

home financing

Rising mortgage stress is still manageable, DBRS says

Capital requirements to grow, profits under pressure for mortgage insurers

different generations

Boomers and millennials have different ideas about inheritance

Parents intend to leave a much greater inheritance than their children expect, survey says

Wrestling inflation

Inflation easing for OECD

Slowdown in September followed two months of faster price rises

Small businesses still hoping for CEBA loan forgiveness extension as time runs out

Upcoming fall economic statement could be last chance for a policy change

Shocked middle aged mature woman feeling stressed reading unbelievable online news, surprised senior old lady looking at laptop amazed by unexpected stuck computer problem sit on sofa at home (Shocked middle aged mature woman feeling stressed reading

Many clients adjusting financial plans as they struggle with monthly costs

Survey shows the effects of inflation and higher borrowing costs

a man on a precipice

Economy, asset prices to remain under pressure in 2024

Rates staying higher will continue to drive credit outlook, Moody's says

Interest rate uncertain

Projections of OAS cost ratio indicate stability: report

However, emerging trends weigh on projected costs

  • By: IE Staff
  • November 6, 2023 November 6, 2023
  • 12:04
men rolling heavy balls up ramp and stairs

Real income growth slowed in Q2: OECD

Canada leads G7 after rebounding from early weakness

Arrow up

Canadian business insolvencies surge almost 42% from last year

Withdrawal of Covid-19 support, higher interest rates and softening consumer spending are challenges

jobless puzzle pieces

Canada’s jobless rate rises to 5.7% in October

Labour market is softening in the face of higher interest rates

Stick figures

U.S. employers pulled back on hiring in October

A modest 150,000 U.S. jobs were created in the month amid higher borrowing rates

Globe climate

Global sustainable bond issuance to hold up, Moody’s says

Upcoming COP meeting to support fourth-quarter issuance

House for sale

Greater Toronto home sales drop 5.8% in October amid high borrowing costs

Still, the average home price rose 3.5% year over year

Canadian companies transferred $120B to Luxembourg: study

Some of the 59 companies avoiding tax were in the finance sector

keys to new home

Calgary Real Estate Board reports 17% increase in home sales for October

But inventory levels remain lower than what's traditionally available for the month

wood cut-outs

Inflation Reduction Act will bring major job gains, business group says

Some 210 major projects and US$86 billion in investment have been announced in the EV, battery storage and solar fields

Stick figures

U.S. job openings rise slightly to 9.6 million

Labour market shows strength, even as the Fed tries to cool the economy

credit card concern

U.S. consumers feeling slightly less confident for 3rd straight month

Geopolitical conflicts and inflation remain at the forefront of American consumers' minds

Federal Reserve building

Surge in interest rates and a cloudier economic picture to keep Federal Reserve on sidelines

Economists estimate that sharp losses in the stock and bond markets will have a depressive effect on the economy

Retail sales

Forecasters more certain rate hikes are over as recession talk grows over GDP numbers

StatsCan's preliminary estimate for Q3 suggested the economy shrank at an annualized rate of 0.1%

Bank of Canada headquarters

Fiscal and monetary policy rowing in opposite directions, Macklem says

Bank of Canada governor says different strategies by Bank of Canada and government of Canada are making it harder to bring inflation down

down arrow

Debt at risk of junk downgrade rises: Moody’s

High rates and slowing growth weighs on corporate balance sheets

credit card concern

Young Canadians more anxious about debt: Equifax

Recent survey finds 36% reported having missed a bill payment this year

Bombed building

Mideast crisis could put oil prices in ‘uncharted waters,’ World Bank warns

Escalation of Israel Hamas war could cause global oil supply to shrink by 6 million to 8 million barrels per day, report says

China flag

China holds major financial conference

Leaders expected to maneuver to get slowing economy back on track