Tag: Economy Articles
365 Results
Net Zero: A long way from Glasgow
November 15, 2021 Glasgow was a chance to keep alive the Paris goal of limiting global warming to 1.5°C. That would require decisive action by 2030 - RBC EconomicsEvolving Canada’s Oil and Gas Sector to a Net Zero Future
November 9, 2021 In this third installment of The Climate Conversations, we look at how we’ll fuel our future economy. - RBC DisruptorsSqueeze Play: Higher wages alone won’t solve Canada’s labour shortage problem
November 9, 2021 Over one third of Canadian businesses are grappling with labour shortages. Higher wages aren’t the only thing workers are seeking in their post-pandemic careers. - RBC EconomicsCentral banks feeling the pressure
November 8, 2021 We think the key question shaping up for 2022 is, can central banks continue to hold rates low until economies fully recover, or will inflation concerns force them to act more conventionally and raise rates in advance?Ontario shrinks its deficit projection by over one-third in Fall Fiscal Review
November 5, 2021 Ontario’s much anticipated Fall Fiscal Review did not surprise. Like other provinces that have released fiscal updates this fall, Ontario significantly altered its projections, boosting revenues and expenditures, and slashing the deficit by a record amount. The updated $21.5 billion deficit for this fiscal year is a whopping $11.6-billion (35%) reduction from the projection made […]Wanted: homes for sale, as inventories fall across Canada in October
November 4, 2021 Supercharged demand soaked up supply like we’ve rarely seen before, leaving buyers with fewer and fewer options to pick from - RBC Economics.Closing the global sustainable finance gap
November 4, 2021 The Insights Sustainable finance is top of mind in Glasgow, with major financial institutions committing to financing the global energy transition. Sustainable finance has grown rapidly to nearly $450 billion annually, but by some estimates is only one eighth of what’s needed. Carbon pricing policies in advanced economies and international standards on offsetting can both […]The Canadian housing market outlook
November 3, 2021 Canada’s housing market demonstrated surprising resilience in the face of the pandemic with record levels of activity and prices. While the buying frenzy has calmed from extreme levels, the market continues to operate at historically high levels. How the dynamic of increasing demand, constrained supply and government intervention will play out is being closely watched […]Brighter Days Ahead: Fiscal picture improves from coast to coast
November 2, 2021 At the height of the pandemic, seven of ten Canadian provinces projected record deficits. As the dust settles, it has become evident that FY 2020-21 turned out to be less grim than previously expected. Final numbers for the provinces that have reported them show smaller-than-projected deficits. Ontario’s final deficit was $16.4 billion, less than half […]13 of 37