Latest news in Research and Markets

Wealth gap narrows in 2021: StatsCan

Younger, less affluent households see larger wealth gains

Canada Parliament and Canadian Flag over blue sky.

Trudeau shuffles cabinet

New associate minister of finance named

Canadian parents gave kids $10 billion for homes over past year, report says

Larger gifts are contributing to higher prices and wealth inequality, CIBC says

New Zealand makes pioneering move to mandate climate disclosure

The country's parliament passed a new law that adopts TCFD-based requirements, Moody's says

Modern office building close up in sunlight

Financial sector’s rating outlooks brighten: Fitch

Earnings, asset quality driving positive rating actions

Fund sales slump as assets dropped last month: IFIC

Sales eased across major mutual fund categories, and equity ETF sales plunged

Powell says inflation risks rising, but Fed can be ‘patient’

Federal Reserve Chair Jerome Powell expects that inflation will remain elevated well into next year

Business chart with rising arrow and falling arrow

Weak data drives Q3 forecast down: Scotia

Choppy data may prompt caution from the Bank of Canada

Nova Scotia eyeing taxes for homebuyers coming from outside the province

Additional taxes may not deter out-of-province investors

oil pump

Supply issues persist, but other commodity supports fading: Fitch

Supply issues plus several other global macro factors have contributed to commodity strength

Hands counts money on American flag background

U.S. budget deficit hits $2.77 trillion in 2021

The figure is the second-highest on record but an improvement over 2020

up and down arrows

Statistics Canada says retail sales rose 2.1% in August

Data estimates suggest, however, that sales may have fallen back in September

New finance is ‘a platform of growth,’ portfolio manager says

Areas such as digital payments, and cryptocurrency and blockchain are increasingly making a mark

M&A boom boosts Wall Street’s Q3 revenues

Deal making is expected to stay strong through year-end

balls on scale

China’s economic rebalancing is a risky high-wire act

Policy-makers must walk a fine line in curbing excesses without sinking growth

Bitcoin

Dawn of crypto ETFs to pressure trading platforms

Retail investors can now trade Bitcoin exposure more cheaply, Moody's says

Federal Reserve survey finds economy facing supply chain, other drags

The overall outlook for near-term economic activity remained positive

Direction of stock market.opportunity time.buy and sell.change for chance.positive thinking

Annual inflation rate hits 4.4% in September

The pace of rising prices hit its highest level since February 2003

Finance major valuable but lacks positive impact: poll

Investment pros came up short when students ranked various careers on social and environmental contribution

  • By: IE Staff
  • October 20, 2021 October 20, 2021
  • 15:01

Business resilience includes investment, ESG

Many small and medium-sized enterprises have an optimistic outlook, polls suggest, while others worry about expiring aid

Dogecoin

Crypto has yet to grow up, but there’s still hope: Fitch

The sector faces an array of challenges but has the potential to disrupt traditional finance

Global supply chain disruption will hinder Canada’s growth into 2022: reports

Investors will also need to watch how wage pressure cuts into profits

Canadian consumers may sit on their savings after all: CIBC

High debt levels and rising rates may keep consumers on the sidelines

U.S. housing market hit by shortages: BMO

Supply chain, labour market constraints hurt homebuilding

Pandemic worse for people with existing debt: BDO index

26% of Canadians incurred at least one new kind of debt during the pandemic

  • By: IE Staff
  • October 19, 2021 October 19, 2021
  • 12:22