Economic Indicators

Canada to post strongest G7 performance this year: RBC

Forces driving the economy will change next year, says the bank

By Staff |December 12, 2017

4 min read

Gas prices lead to big annual jump in U.S. producer price index

Prices at the wholesale level rose 0.4% in November and 3.1% over the past year. It was the biggest annual jump in nearly six years and reflected a big spike in the price of gasoline and other energy products. Last month’s increase in the producer price index, which measures inflation pressures before they reach the […]

By Staff, with files from The Associated Press |December 12, 2017

2 min read

Seniors financially supporting younger generations: survey

It’s not uncommon for seniors to help their children and grandchildren with paying down debt, making down payments, and covering the cost of education and childcare, a survey from HomEquity Bank says. The survey was conducted in late October at the Toronto Zoomer Show. Roughly one-fifth of the 682 respondents said they’ve provided one-time financial […]

By Staff |December 11, 2017

1 min read

CFIB pushes provincial ministers to seek income sprinkling delay

Canada’s small business lobby is calling on provincial finance ministers to push the feds to delay new income sprinkling rules set to go into effect Jan. 1. As provincial ministers gather in Ottawa to meet with federal Finance Minister Bill Morneau, the Canadian Federation of Independent Business (CFIB) wants them to pass on the call […]

By Staff |December 11, 2017

2 min read