Economic Indicators

Commodity prices not best way to predict loonie’s value: report

Commodity prices aren’t the best predictor of the Canadian dollar’s future exchange rate, according to a new study from the C.D. Howe Institute. In “Understanding the volatility of the Canadian exchange rate,” authors Martin Eichenbaum, Benjamin K. Johannsen and Sergio Rebelo find the current real exchange rate is more useful than commodity prices for forecasting […]

By Staff |February 8, 2018

2 min read

BoE holds rate, hints at future increase

With the global economy growing strongly, the Bank of England is growing more confident about Britain's near-term prospects

By Pan Pylas, The Associated Press |February 8, 2018

4 min read

NDP parliamentary motion targets stock-option deductions

The federal NDP plans to table a motion today calling on the Trudeau government to make good in the coming budget on its promise to crack down on a controversial tax loophole. The motion is intended to pin the Liberals down on whether they plan to follow through on that promise, which was made in […]

By Lee Berthiaume, The Canadian Press |February 8, 2018

2 min read

Ontario businesses report declining confidence

Business confidence in Canada’s largest province is on the decline. A little more than half of Ontario businesses (54%) report confidence in their organization’s economic outlook, reveals an annual economic report from the Ontario Chamber of Commerce (OCC). That compares to 62% in last year’s report. Further, declining confidence in Ontario’s overall economic outlook has […]

By Staff |February 7, 2018

2 min read