Economy

GTA house prices could rise 16% in 2017

In case you need more evidence of just how hot the Toronto real estate market is, the Toronto Real Estate Board (TREB) has released its annual market outlook report. The average selling price for a home in the Greater Toronto Area (GTA) is expected to increase 10% to 16% in 2017, reveals the report, with […]

By Staff |February 1, 2017

2 min read

More M&A deals expected

Despite the political and economic upheaval of 2016, merger and acquisitions (M&A) activity in Canada was strong. Think Enbridge’s US$43-billion acquisition of Spectra Energy and Fortis’s US$11.3-billion purchase of ITC Holdings. Expect the wheeling and dealing to continue in 2017, with about two-thirds (66%) of M&A practitioners predicting a rise in Canadian mergers and acquisitions, […]

By Staff |February 1, 2017

2 min read

Were they right? Geopolitical fears derail market call

A global recession has been incorrectly predicted many times.

By Katie Keir |January 31, 2017

4 min read

Oil leads positive outlook for commodities

Commodities are expected to broadly benefit from rising prices in 2017, reveals a Scotiabank report. The Scotiabank commodity price index gained 6.2% month-over-month in December as a large gain in oil and gas complemented monthly gains in all other sub-indices. Prices for North American benchmark WTI have been moderately upgraded to average $58 per barrel […]

By Staff |January 30, 2017

2 min read