Canada’s Federal Budget Describes a Deteriorating Fiscal Outlook and Slowing Economy
Federal Budget 2023…Press the Snooze Button As promised, there would be nothing much in this year’s budget for fear of stimulating inflation. The federal
Federal Budget 2023…Press the Snooze Button As promised, there would be nothing much in this year’s budget for fear of stimulating inflation. The federal
All eyes will be on the Federal Reserve tomorrow when they decide whether to hold rates steady because of the banking crisis or raise the
HOUSING MARKET COULD BE POISED FOR A SPRING REBOUND The Canadian Real Estate Association says home sales in February bounced 2.3% from the previous
US POLICYMAKERS TAKE EMERGENCY ACTION TO PROTECT DEPOSITORS AT FAILED BANKS Silicon Valley Bank (SVP) had a sterling reputation among the many tech start-ups
CANADIAN LABOUR MARKET JEOPARDIZES RATE PAUSE Today’s Labour Force Survey (LFS) for February was much stronger than expected, questioning how long the Bank of Canada’s rate
THE BANK OF CANADA HOLDS RATES STEADY EVEN AS THE FED PROMISES TO PUSH HIGHER As expected, the central bank held the overnight rate at
BAD NEWS IS GOOD NEWS FOR THE BANK OF CANADA Statistics Canada released the real gross domestic product (GDP) figure for the final quarter of
DECEMBER HOUSING DATA ENDED 2022 ON A WEAK NOTE The Canadian Real Estate Association says home sales in January were the lowest for the month
FURTHER DECLINE IN INFLATION IN JANUARY AFFIRMS BANK OF CANADA PAUSE IN MARCH Canadian inflation decelerated meaningfully in January despite the continued strength in the
RED HOT LABOUR MARKET DESPITE RATE HIKES Today’s Labour Force Survey (LFS) for January was much stronger than expected, once again calling into question how long
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