Economic indicators – Advisor's Edge https://phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Thu, 12 Oct 2023 14:26:09 +0000 en-CA hourly 1 https://wordpress.org/?v=5.9.3 https://phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png Economic indicators – Advisor's Edge https://phoenix.advisor.ca 32 32 Negative rating action rises for private borrowers https://phoenix.advisor.ca/news/economic/negative-rating-action-rises-for-private-borrowers/ Wed, 11 Oct 2023 19:58:01 +0000 https://www.advisor.ca/?p=231660 Defaults still low, but DBRS on guard for deteriorating financials

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]]> Financial stability risks loom, FSB warns G20 https://phoenix.advisor.ca/news/regulation/financial-stability-risks-loom-fsb-warns-g20/ Wed, 11 Oct 2023 19:39:52 +0000 https://www.advisor.ca/?p=231657 Tight financial conditions, high economic uncertainty remain key vulnerabilities

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]]> Statistics Canada reports value of building permits up 3.4% in August https://phoenix.advisor.ca/news/economic/statistics-canada-reports-value-of-building-permits-up-3-4-in-august/ Wed, 11 Oct 2023 16:33:52 +0000 https://www.advisor.ca/?p=231635 Modest declines in residential construction plans, total monthly value of non-residential permits rose 14.8% to $5.0 billion

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]]> Despite gains, Canadian job market weaker than it looks https://phoenix.advisor.ca/news/economic/despite-gains-in-september-job-market-weaker-than-it-looks/ Fri, 06 Oct 2023 14:40:41 +0000 https://www.advisor.ca/?p=231551 Almost all the gains were in the historically volatile education sector, economist explains

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]]> U.S. employers add a surprising 336,000 jobs in September https://phoenix.advisor.ca/news/economic/u-s-employers-add-a-surprising-336000-jobs-in-september/ Fri, 06 Oct 2023 13:37:04 +0000 https://www.advisor.ca/?p=231548 This sustained strength makes it likelier that the Federal Reserve will raise its key rate again before year's end

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]]> Rough return to office to weigh on banks: DBRS https://phoenix.advisor.ca/investments/market-insights/rough-return-to-office-to-weigh-on-banks-dbrs/ Thu, 05 Oct 2023 19:43:49 +0000 https://www.advisor.ca/?p=231537 Weakness in commercial real estate will impact Big Six loan portfolios

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]]> Canada posts $718M merchandise trade surplus for August https://phoenix.advisor.ca/news/economic/canada-posts-718m-merchandise-trade-surplus-for-august/ Thu, 05 Oct 2023 16:08:46 +0000 https://www.advisor.ca/?p=231512 Exports of gold and crude oil helped drive results

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]]> More evidence U.S. job market remains hot after openings rise unexpectedly in August https://phoenix.advisor.ca/news/economic/more-evidence-u-s-job-market-remains-hot-after-job-openings-rise-unexpectedly-in-august/ Tue, 03 Oct 2023 15:17:15 +0000 https://www.advisor.ca/?p=231435 American employers posted 9.6 million job openings in August, up from 8.9 million in July

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]]> Statistics Canada reports real GDP essentially unchanged in July https://phoenix.advisor.ca/news/economic/statistics-canada-reports-real-gdp-essentially-unchanged-in-july/ Fri, 29 Sep 2023 15:25:35 +0000 https://www.advisor.ca/?p=231305 Services-producing industries gained 0.1% in the month, goods-producing industries contracted 0.3%

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]]> Labour slack grows, but wage inflation persists https://phoenix.advisor.ca/news/economic/labour-slack-grows-but-wage-inflation-persists/ Thu, 28 Sep 2023 17:38:24 +0000 https://www.advisor.ca/?p=231244 Payroll employment flat, vacancies rise, StatsCan reports

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