Building permits down in Q2: StatsCan
Increase in residential permit activity ends three straight quarterly declines
- By: James Langton
- August 9, 2023 August 9, 2023
- 12:23
Increase in residential permit activity ends three straight quarterly declines
Financial pressure likely to intensify as mortgages reprice in years ahead
Nearly three-quarters of hiring execs say they feel positive about the hiring outlook for second half of 2023
Sticky inflation could endanger the possibility of a rare ``soft landing''
Mackenzie is the latest entrant to a field that includes factor-based and active strategies
Average hourly wages rose faster than expected and will likely worry the Fed
Wage growth rebounded in July, rising 5% year over year
Core inflation recedes alongside falling energy prices
There were 31,224 consumer insolvencies in the April to June period, up 23.5% compared with the same period last year
The four-week moving average of claims, a less-volatile measure, fell by 5,500 applications to 228,250
Average cost of a detached home in the market rose 4.8% year over year to top $1.4 million
Quarter-percentage point increase, to 5.25%, was the central bank's 14th hike in a row
Analyst sentiment turns rosier for S&P 500 companies, Refinitiv reports
Sales in the market totalled 2,455 last month, a 28.9% increase from a year ago
BoC research found that hedge funds joined the selling action in bond markets
Data suggests the labour market is slowly normalizing from post-pandemic extremes
Decline in working population to pressure growth and government finances
Reducing hours and stress could entice older workers to stay employed, survey finds