Latest news in Research and Markets

Extreme closeup of an annual report -- based on the "portfolio facts," the fund is a 100% stock mutual fund

Mutual fund, ETF assets down in May: IFIC

ETF sales climb, but mutual funds remain in net redemptions

Stock market crash with red chart in background and bear in front. Bearish market trend concept.

Recession fears reflected in financial services earnings

Profit Survey: 13 companies still increased their dividends in a tough quarter

Post-merger UBS faces profit, execution risks

DBRS affirms ratings on UBS, Credit Suisse, but outlook is negative

Global growth

Surprising strength has Fitch boosting global forecast

Rates to stay higher for longer amid inflation, 2024 forecast revised down

Retail sales

Retail sales rose 1.1% in April, Statistics Canada says

Sales at general merchandise retailers rose 3.3% in April, while food and beverage retailers saw a gain of 1.5%

U.K. inflation

U.K. borrowers brace for more expensive loans as inflation fails to fall as anticipated

Inflation held steady at 8.7% in the year to May, against expectations for a modest decline

Federal Reserve

Fed’s Powell: More rate hikes are likely this year to fight still-high inflation

Process of getting inflation back down to 2% has "a long way to go,'' Fed chairman says

Banks on money pile

Boosting banks’ buffer a prudent move: DBRS

Latest increase ensures banks have a cushion to absorb rising credit losses

commercial real estate

Lenders, investors face rising commercial real estate risks

Credit ratings, outlooks under pressure as challenges mount for U.S. commercial property sector

Two entrepreneurs working on their bills in the retail store

Businesses’ changing credit usage a worrying trend: Equifax

Latest numbers highlight growing stress in the industrial and financial trades

Now hiring sign

Labour market sees signs of easing: StatsCan

Growth in labour demand, average hourly wages offered slowing

Changing amortization, cap on insured mortgages not the answer to affordability: CMHC

Extending amortization may serve to drive prices higher

map of Canada

Canada tops California in people but not profits

Record population growth pushes Canada past 40-million mark

Household debt growth steady in April: StatsCan

Credit card balances rise as mortgage growth slows

House of Commons in Ottawa

High government spending means more inflation? It’s complicated, economists say

Link between government spending and inflation is complex

“Retail has nine lives” in Canada as 2023 consumer spending strong — for now

New figures to be released this week could show signs of softening

U.S. consumers’ pandemic spending boost drying up

Remaining excess savings unlikely to be spent, Fitch says

Various bonds rating from single C to AAA

Foreign investors back in Canadian bond markets

StatsCan reports that offshore investors resumed corporate, federal government bond buying in April

woman stressed over uneasy stock market

Canadians’ financial stress on the rise: surveys

Financial planning can help ease inflation-fuelled anxiety, the research found

Bank of Canada facade

Bank of Canada likely to hike again in July: TD

Central banks seek sweet spot between fighting inflation and sparking recession

Crowded boardroom

Racially diverse boards enjoy higher credit quality: Moody’s

Demand for minority directors expected to increase as transparency improves

Inflation, interest rates weigh on Canadians’ retirement plans: survey

Four in 10 respondents set no money aside for retirement in the past year

House for sale

Home sales in May post first year-over-year increase since June 2021

CREA data suggest a marked shift away from sluggish sales and slumping prices

High-yield defaults expected to surge: Fitch

Tighter credit conditions are likely to drive more second-half defaults, report says

Household debt level rises as interest rates bite into cash flow

Higher inflation and debt payments are exceeding income growth