Economy

Canada’s GDP will grow by 2.6%: RBC

Canada's economic growth was subdued in the Q1 2012, but is expected to gain ground, says the latest RBC Economic Outlook.

By Staff |June 12, 2012

4 min read

Morning roundup: U.S. net worth drops; Italy takes spotlight

We’re committed to keeping you and your clients up-to-date with global industry news. Every morning, we offer articles from around the web. Here are some selections: U.S. net worth drops to ’90s levels Median household net worth for Americans fell to levels last seen in the early 1990s, according to a new Federal Reserve report. […]

By Staff |June 12, 2012

2 min read

Are oil prices too low?

Oil prices critically affect the North American economy, so what if they went down? Craig Porter, Front Street Capital, says it's a fine line; companies can explore and profit at lower prices, but if the drop is too steep, growth will be stunted.

By Martha Porado |June 12, 2012

2 min read

No good places to invest: Timmer

Given global economic uncertainties, there are no good places for clients to invest. This affects all Canadian investors, especially retirees who require low-risk, long-term income from portfolio growth.

By Vikram Barhat |June 12, 2012

3 min read