Latest news in Research and Markets

empty wallet

Household finances improve in Q2: Fitch

Credit card performance picks up, yet strains remain

U.S. Canada flag

For Canada, Trump looks riskier on trade

Economy may have less to fear from Harris, given GOP's protectionist promises

Personal finances

Debt securities issuance slows in Q2: StatCan

Equities retirements outpace issuance for 10th straight quarter

Yellow down arrows over a financial graph

Fund managers diversify amid sales slump: Fitch

Competition and regulation pressuring firms' margins, earnings

jobless puzzle pieces

Canada’s unemployment rate rises to 6.6% in August

As the job market continues to weaken, students and recent immigrants are shouldering much of the pain

wood cut-outs

Sluggish U.S. jobs report clears the way for Fed to cut rates

U.S. hiring rebounds slightly, unemployment rate dips

Stick figures

Americans struggling to land jobs as labour market cools

Adding to the anxiety is that memories of the recent job boom are still fresh

Modern office building close up in sunlight

Banks see delinquencies rise in U.S. office loans: S&P

Loan growth slowing as property values drop, lending standards tighten

Inflation scale

Inflation softens in July: OECD

Core inflation eases, offsetting resurfacing energy pressures

International Trade

Canada posted $684M merchandise trade surplus in July: StatCan

In terms of volume, imports fell 2% in the month, while exports decreased 1.5%

Canadian flag and chart

Weak growth heralds Canada’s ‘lost’ decade: NBF

Amid investment drought, population growth has been chief economic driver for past 10 years, report says

digital investing

Finance jobs face acute AI threat

Higher-educated, better-paid workers most exposed, but low-wage workers face greater replacement risk

Modern bank towers in the late afternoon

Bank earnings dogged by rising provisions: Fitch

Higher loan-loss reserves drag on Q3 net income, despite revenue gains

Canadian flag

BoC expected to cut key interest rate despite good growth in Q2

Real GDP continued to shrink on a per-person basis, marking the fifth consecutive decline

Busy mall

Fed’s favoured inflation gauge shows price pressures easing

Despite the near-end of high inflation, many Americans remain unhappy with the cost of living

Europe flag and money

Inflation falls to 2.2% in Europe

The door's now open for the European Central Bank to cut interest rates

Edmonton

Alberta expects oil prices to boost its surplus

The government has no plan to immediately introduce the promised personal tax cut

Couple reviewing their finances

DIY investors to advisors: It’s not you, it’s me

Self-directed investors prioritize convenience, control, costs

wood cut-outs

Labour market cooled in June: StatCan

Vacancies and wages were flat, signalling a softening

U.S. flag

U.S. economic growth for Q2 upgraded to 3% annual rate

Measures of consumers' spirits have shown a recent uptick

Climate change board

Climate-driven downgrade risks rise: Fitch

Share of companies facing transition risks increasing

US dollar

U.S. defaults stay high in July: Fitch

As financing conditions stay tight, repeat offenders elevate defaults

Pension saving

Real estate woes dog pension giants

Funds shifting asset allocations away from offices, toward private credit

Busy mall

U.S. consumer confidence rises in August

While still positive, consumers’ assessments of the current labour situation continued to weaken: economist

Electric car charging

Canada to hit China with tariffs on EVs, aluminum, steel

The tariffs are meant to keep Chinese EVs from getting a significant foothold in North America