Economic Indicators

Orders for U.S. durable goods drop for second straight month

Orders for long-lasting U.S. factory goods declined for the second straight month in May, as demand for cars, metal products and aircraft fell. The Commerce Department said Wednesday durable goods orders—items meant to last at least three years, from washing machines to tractors—dropped 0.6% last month. That followed a steeper drop of 1% in April. […]

By Staff, with files from The Associated Press |June 27, 2018

2 min read

Why investors should keep a close eye on the loonie

This week the loonie reached a new 12-month low

By Staff |June 27, 2018

2 min read

Trade, mortgage lending rules to ‘figure prominently’ in next BoC rate decision

The impacts of the escalating U.S.-Canada trade dispute will “figure prominently” in the Bank of Canada’s decision-making process for its upcoming interest rate decision, governor Stephen Poloz said in a speech Wednesday. In prepared remarks of his address, Poloz said the bank has been incorporating into its projections the fallout of U.S. steel and aluminum […]

By The Canadian Press |June 27, 2018

2 min read

What corporate outlook, inflation say about economy

Growth is slow but steady for the economy

By Sharon Ho |June 26, 2018

4 min read