Economic Indicators

Ahead of fiscal update, RBC projects $265B deficit

The deficit is sustainable, a report says, and the feds should avoid austerity during the recovery

By James Langton |July 6, 2020

2 min read

Bank of Canada survey reveals uncertainty for employers, consumers

The outlook for growth in household income dropped to its lowest level in the survey's history

By Jordan Press, The Canadian Press |July 6, 2020

3 min read

Expect an increase in mortgage defaults

Layoffs and reduced wages will lead to financial hardship for many, DBRS warns

By James Langton |July 3, 2020

2 min read

Don’t expect ratings to stabilize this year, Fitch warns

More than one third of corporate credit ratings have a negative outlook, the agency finds

By James Langton |July 3, 2020

1 min read