Economic Indicators

Inflation edged lower in February

There may be some good news for clients with variable rate debt. StatsCan reported today that the annualized inflation rate edged down one-tenth of a point to 2.2% in February. While that may be above the Bank of Canada’s target of 2%, the underlying core inflation rate fell to 0.9%. That’s its lowest level since […]

By Staff, with files from The Canadian Press |March 18, 2011

2 min read

Analysts grapple with Japan, Mid-East

As the cascading effects of ongoing geopolitical strife in the Mid East and the two-pronged trail of destruction in Japan continue to unfurl, financial pundits scramble to gauge the extent of their impact on the global economy and Canada’s portion of woes. “From a Canadian perspective there clearly will be an impact I terms of […]

By Vikram Barhat |March 18, 2011

4 min read

TD upgrades economic forecast

The Canadian economy continues to clip along nicely, prompting an upgrade in growth expectations from TD Economics. The forecast for 2011 is now 3.0%, up from the bank’s 2.6% prediction in December. The faster than expected recovery in the U.S. economy gets much of the credit for that boost, along with general global demand for […]

By Staff |March 16, 2011

2 min read

Quake impact will be severe, but short-lived

Reader Alert: What do you think is the overall impact of the crisis in Japan? Vote in our poll here. The earthquake and tsunami that hit Japan on Friday, March 4 have shaken global equity markets, as uncontrolled nuclear reactors sent indices lower on Tuesday. Investors are now struggling to determine what the long-term impact […]

By Steven Lamb |March 15, 2011

3 min read