Commodity prices spur surge Author of the article: Bloomberg News Geoffrey Morgan Published Jun 23, 2023 • Last updated 1 day ago • 2 minute read A sign board displaying Toronto Stock Exchange (TSX) stock information in Toronto. Photo by Mark Blinch/Reuters The S&P/TSX Composite Index is offering the biggest payout ever relative to the S&P… Continue reading TSX payouts hit record vs. U.S., on ‘ratcheted up dividends’ and ‘buyback craze’: CIBC
Dip in inflation may not be enough to stop Bank of Canada from raising rates next month
Forecasters expect Bank of Canada to move ahead with another interest rate hike in July Author of the article: The Canadian Press Nojoud Al Mallees Published Jun 23, 2023 • Last updated 1 day ago • 3 minute read The Bank of Canada in Ottawa. Photo by Justin Tang/Bloomberg OTTAWA — Forecasters are expecting the Bank… Continue reading Dip in inflation may not be enough to stop Bank of Canada from raising rates next month
Bank of Canada expected to raise interest rates one more time, capping at 5%
Economists predict another 25 basis point hike as early as July before increases stop completely Author of the article: Bloomberg News Erik Hertzberg and Sarina Yoo Published Jun 23, 2023 • Last updated 2 days ago • 2 minute read Tiff Macklem, governor of the Bank of Canada, speaks during an event at the Toronto Region… Continue reading Bank of Canada expected to raise interest rates one more time, capping at 5%
3 Canadian cities ranked among world’s top 10 most livable places
Vancouver, Calgary and Toronto made top 10 Published Jun 22, 2023 • Last updated 2 days ago • 3 minute read Pedestrians and runners at the seawall in Yaletown on a sunny day in Vancouver. Photo by Richard Lam/PNG files Three Canadian cities have made a list of the world’s top 10 most livable, though two… Continue reading 3 Canadian cities ranked among world’s top 10 most livable places
Rattled housing market prompts reversal on 2023 forecasts with home prices and rents now expected to fall
Realtor.com has re-examined its prior housing predictions, and now expects a dip in prices and rents. But downgrading the 2023 outlook does not signal a major wave of relief. “Home costs are still going to be higher for buyers in 2023 because home price declines are very mild and not universal.” Loading Something is loading.… Continue reading Rattled housing market prompts reversal on 2023 forecasts with home prices and rents now expected to fall
The most likely economic scenario is a ‘boil the frog’ recession featuring a synchronized global hard landing in 2024, JPMorgan says
The US is most likely headed for a “boil the frog” recession, JPMorgan economists said. In that scenario, central bank tightening will spark a synchronized global downturn in 2024. The US only has a 23% chance of avoiding a recession altogether, the bank estimated. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading The most likely economic scenario is a ‘boil the frog’ recession featuring a synchronized global hard landing in 2024, JPMorgan says
The AI craze is blurring these 4 serious economic threats to the US. Here’s a closer look.
Underneath all the fanfare around AI are serious economic risks facing the US today. These include historically high interest rates, recession risks, and slowing growth in China. Here are the bleak economic realities the US is grappling with, despite all the excitement over AI. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading The AI craze is blurring these 4 serious economic threats to the US. Here’s a closer look.
How to solve Canada’s slow-moving retirement crisis
Fraser Stark: Every Canadian who can comfortably navigate their own retirement finances is one less person requiring expensive subsidized care from the public purse Published Jun 24, 2023 • Last updated 4 hours ago • 5 minute read Financing retirement represents a looming crisis for both Canada and Canadians, since huge numbers of baby boomers are… Continue reading How to solve Canada’s slow-moving retirement crisis
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