Scotiabank’s Commodity Price Index inched down 0.4% last month. The pace of the decline slowed from June’s sharp 4%. “In recent weeks, riskier assets like oil and equities have been buoyed by expectations of further Federal Reserve monetary policy easing or a major bond purchase program by the European Central Bank,” says Patricia Mohr, Vice-President, […]
Manufacturers’ optimism about the Canadian economy has dipped 22 points since last quarter, says the PwC Manufacturing Barometer report for Q2 2012. Since Canada is dependent on exports, uncertainty in major markets like Asia and the U.S. is weighing on industry sentiment. But, the survey also suggests revenue projections are moderately strong. The vast majority […]
Canada's economic growth was subdued in the Q1 2012, but is expected to gain ground, says the latest RBC Economic Outlook.