Tag: Economy Articles
365 Results
Deficit Surges amid Rising Covid Expenses, Plummeting Revenues
July 24, 2020 Newfoundland and Labrador expect COVID-19 and the the oil sector turmoil to plunge the provincial budget into a deep $2.1 billion deficit.B.C. Posts Record Deficit in the Wake of COVID-19
July 16, 2020 Despite a significant deficit, B.C. still has one of the lowest debt burdens in Canada. RBC Economics believes it's well-positioned to weather the storm.Pandemic Threatens Decades of Women’s Labour Force Gains
July 16, 2020 Women's employment has been disproportionately affected by the pandemic due to their likelihood to work in sectors hardest hit by the recession.Pent-up Demand Pushed Home Resales Higher in June
July 15, 2020 RBC Economics finds that home resale activity continued to rebound impressively in June and all major markets posted double-digit increases.Managing COVID Outbreaks Key for the Path to Economic Recovery
July 10, 2020 Equity market rally faded amid concerns about a resurgence in COVID-19 infections. The path forward remains cloudy as restrictions continue.Costly Covid Stimulus Loads $343 Billion onto 2020 Deficit
July 8, 2020 Finance Minister Bill Morneau's fiscal snapshot shows a $343 billion deficit. RBC Economics expects further ratings downgrades, but if spending is contained in the near-term debt should remain sustainable.Home Buyers and Sellers Play Catch-up in June
July 7, 2020 Home resales rose sharply between May and June as pent-up demand and an influx of new listings drove the increase.Behind Ottawa’s “fiscal snapshot,” the broader picture is clear
July 6, 2020 Canada's economy is severely strained by COVID-19 and RBC Economics expects a budget deficit of $265 billion this year.Recent Housing Affordability Loss May Prove Temporary
June 25, 2020 Canadian housing affordability could improve as home prices fall and interest rates lower, finds RBC Economics in its latest Housing Trends and Affordability report.27 of 37