Economy

China pullback could hurt Canadian housing

Find out more about China’s tie to Canada

By Katie Keir |November 2, 2017

3 min read

Why foreign equity funds gained in October

In October, foreign equity and fixed-income funds were benefiting from strong market returns, and they were further buoyed by a depreciating Canadian dollar at the same time, says a report from Morningstar Research. Last month, the Canadian dollar depreciated significantly versus many world currencies: approximately 2% against both the euro and the pound, and more […]

By Staff |November 2, 2017

2 min read

BoC defends cautious stance on rates

The Bank of Canada (BoC) is maintaining rates for now, but not everyone is supportive of the cautious stance. For example, David Dodge, former BoC governor, tells Bloomberg that raising rates is the wise thing to do, considering the economy is close to capacity. Further, low rates encourage excessive borrowing by households and businesses — […]

By Staff |November 1, 2017

2 min read

Back to reality: Canada’s GDP slips in August

Details on the first monthly pullback since October 2016

By Staff, with files from The Canadian Press |October 31, 2017

3 min read