Economy

Prepare for price increases: economists

Your clients might find it tough to stick to their cash-flow plans in the coming months. That’s because prices could be on the rise. Read: Your guide to inflation-proofing clients’ lives In fact, clients might already find themselves doing double takes at the grocer’s till. If so, they’re not the only ones taking note of […]

By Staff |November 20, 2017

2 min read

Loonie and dollar face headwinds

It’s been a great year for the loonie. In fact, “over the past six months, the C$ has been the best performing major currency,” note CIBC economists Andrew Grantham and Royce Mendes in a weekly economics report. The loonie’s strength coincides with Canada’s hot GDP streak. However, Canada’s growth is slowing, while that of other […]

By Staff |November 20, 2017

2 min read

What muted inflation for October means

The annual pace of inflation slowed in October

By Staff, with files from The Canadian Press |November 17, 2017

2 min read

Interest rates likely on hold until April: CIBC

The Bank of Canada will wait until at least April to change interest rates, allowing it some time to watch NAFTA negotiations and digest Q4 GDP data before making another move, a report from CIBC Capital Markets says. The BoC maintained its target for the overnight rate at 1% on Oct. 25, saying it expects […]

By Staff |November 16, 2017

1 min read