Economic Indicators

Canadians to feel the pinch if rates rise: survey

40% of those surveyed say that if interest rates go up much more, they are afraid they will be in financial trouble.

By Staff, with files from The Canadian Press |October 23, 2017

1 min read

BoC to hold interest rate, analysts say

Canadian financial institutions are predicting the Bank of Canada won’t change its target for the overnight interest rate at its announcement next week. In a research note on Friday, CIBC Capital Markets chief economist Avery Shenfeld suggested the central bank wouldn’t raise the interest rate for a third time this year. Citing strong economic growth, […]

By Staff |October 20, 2017

2 min read

Expect smaller budget deficits in fall update: RBC

The federal government should take advantage of strong economic growth and a smaller-than-expected 2016-17 budget deficit to reduce deficit-financed spending when it issues its fall economic statement next week, a research note from RBC says. Finance Minister Bill Morneau will deliver his fall fiscal update on Oct. 24. Budget 2017 projected a $28.5-billion deficit for […]

By Staff |October 20, 2017

1 min read

Most Canadian cities to see GDP growth in 2017, 2018

The Conference Board of Canada predicts growth across the nation.

By Staff |October 19, 2017

3 min read