Economy

Expect 1.4% real GDP growth in 2016: RBC

As the Canadian economy contends with softer than expected exports, weak business investment and effects of the Alberta wildfires, real GDP growth in 2016 is forecast to be 1.4%, according to the latest RBC Economics Outlook report.

By Staff |June 10, 2016

3 min read

Risk of housing correction higher for Toronto, Vancouver: BoC

Homebuyers in hot housing markets shouldn’t expect current price growth to persist, says BoC Governor Poloz.

By Staff, with files from The Canadian Press |June 9, 2016

2 min read

Canada a testing ground for new ideas about deficits

If Canada hadn't focused on balancing the federal budget between 2011 and 2015, interest rates would be higher and household debt would be lower.

By Kevin Carmichael, Canadian Business |June 8, 2016

3 min read

Mixed economic data will impede the Fed

Don’t expect the Fed to raise rates at its next meeting.

By Staff |June 3, 2016

2 min read