Economic Indicators

Consumers looking beyond banks for advice: CGI report

Consumers are increasingly leaning toward financial service providers that offer value-added services such as advice, rewards and personal finance management, a report from CGI finds. The report, called “Today’s financial consumer: Open for business,” says banks need to innovate and improve services to compete with more nimble competitors. They can also partner with fintech and […]

By Staff |January 10, 2018

2 min read

Canadian job market even better than it looks: CIBC

Canada’s jobs numbers look good, but they’re even better under the surface, according to a report from CIBC Capital Markets. “Good headline numbers come and go, but beneath the surface, where job market demons usually hide, things are also improving,” said Benjamin Tal, deputy chief economist at CIBC, in a labour market report. “And, where […]

By Staff |January 10, 2018

2 min read

Aphria stands by U.S. assets in changing regulatory environment

Licensed marijuana producer Aphria Inc. says it stands by its decision to invest south of the border, despite a recent U.S. cannabis crackdown and a warning from Canada’s biggest exchange operator that cross-border pot firms could face a delisting. The comment from Aphria’s CEO Vic Neufeld comes less than a week after U.S. Attorney General […]

By Armina Ligaya, The Canadian Press |January 10, 2018

3 min read

Housing construction stable in Canada

The trend in housing starts was 226,777 units in December 2017, compared to 226,178 units in November 2017.

By Staff |January 9, 2018

5 min read