Profit Survey: Optimism still present as net income falls for the financial sector
Ten of the 42 firms in the survey raised their quarterly dividends amid darkening economic conditions
- By: Catherine Harris
- January 5, 2023 January 5, 2023
- 09:13
Ten of the 42 firms in the survey raised their quarterly dividends amid darkening economic conditions
As capital markets froze, M&A dried up and bank revenues dropped
Stocks may move from jittery to range-bound as investors adjust to higher interest rates
Most of the money CEOs made was not from their salary, but from variable compensation
A jump in layoffs and unemployment claims would be an early sign of recession
Respondents also said economic uncertainty makes planning difficult
Analyst forecasts softer trajectory for the company in 2023
The result was unexpectedly strong amid inflation and rising interest rates
Energy sector was the year's investment winner
Many investors under 35 are being drawn to zero-commission online brokerages
Canada's population grew more in nine months than in any previous full year
ETF sales climbed while mutual fund redemptions were steady, IFIC reported
Figures for November indicated weaker spending on goods despite Black Friday sales
Mortgage growth slowed but household credit card use is surging
The role of private assets in portfolios has shifted, report says
A report found those over 80 were more positive about aging than younger retirees
TD expects the debt service ratio to hit a record high of 16.1% by the first quarter of 2024
The total remained elevated compared with before the pandemic
Foreign investors added corporate debt, while selling provincials, equities
Amid weakness in bonds and equities, infrastructure and real estate held up
Sales and prices have fallen this year as rising interest rates increased borrowing costs