Economics – 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 Mon, 16 Jan 2023 18:58:48 +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 Economics – Advisor's Edge https://phoenix.advisor.ca 32 32 First inventory decline in two years: StatsCan https://phoenix.advisor.ca/news/economic/first-inventory-decline-in-two-years-statscan/ Mon, 16 Jan 2023 18:58:48 +0000 https://www.advisor.ca/?p=220778 Manufacturing sales flat, new and unfilled order activity softens in November

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New Brunswick’s budget surplus balloons above spring estimate https://phoenix.advisor.ca/news/economic/new-brunswicks-budget-surplus-balloons-above-spring-estimate/ Thu, 10 Nov 2022 20:40:55 +0000 https://www.advisor.ca/?p=216390 The province projects an increase of $739 million over the figure forecasted in March

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Supply issues ease, exposing a drop in demand: Fitch https://phoenix.advisor.ca/news/economic/supply-issues-ease-exposing-a-drop-in-demand-fitch/ Thu, 03 Nov 2022 17:11:14 +0000 https://www.advisor.ca/?p=215920 While supply chain conditions are improving, challenges remain, a new report says

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New U.K. leader to face highest government debt in 60 years https://phoenix.advisor.ca/news/economic/new-u-k-leader-to-face-highest-government-debt-in-60-years/ Fri, 21 Oct 2022 15:34:00 +0000 https://www.advisor.ca/?p=215346 With rampant inflation, public borrowing rose to 98% of economic output in September

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Housing starts down in August, says CMHC https://phoenix.advisor.ca/news/economic/housing-starts-down-in-august-says-cmhc/ Fri, 16 Sep 2022 14:21:03 +0000 https://www.advisor.ca/?p=213866 Despite the drop, the statistics still represent historic highs, according to economist

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Ugly markets aside, DBRS sees soft landing https://phoenix.advisor.ca/news/economic/ugly-markets-aside-dbrs-sees-soft-landing/ Thu, 16 Jun 2022 18:54:36 +0000 https://www.advisor.ca/?p=210827 Risks have risen, but recession isn't inevitable

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OECD slashes global economic outlook on Russia-Ukraine war https://phoenix.advisor.ca/news/economic/oecd-slashes-global-economic-outlook-on-russia-ukraine-war/ Wed, 08 Jun 2022 19:48:01 +0000 https://www.advisor.ca/?p=210409 The organization expects the global economy to expand 3% in 2022, down from the 4.5% it predicted in December

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Eroding household spending power to weigh on GDP https://phoenix.advisor.ca/news/economic/eroding-household-spending-power-to-weigh-on-gdp/ Thu, 02 Jun 2022 20:57:35 +0000 https://www.advisor.ca/?p=210221 As inflation outpaces wages, consumption will be curbed, Scotiabank says

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Quitting Russian gas would spell recession in Europe https://phoenix.advisor.ca/news/economic/quitting-russian-gas-would-spell-recession-in-europe/ Thu, 19 May 2022 18:13:16 +0000 https://www.advisor.ca/?p=209584 The path to greater energy security won't be quick

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EU finance chiefs grapple with economic fallout from Russian invasion https://phoenix.advisor.ca/news/economic/eu-finance-chiefs-grapple-with-economic-fallout-from-russian-invasion/ Fri, 25 Feb 2022 19:38:35 +0000 https://www.advisor.ca/?p=206278 The European Union braces for higher energy prices and a drag on consumption and investment

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