Tag: Economy Articles
365 Results
Tiff Macklem to Take over as Bank of Canada Governor in June
May 1, 2020 Macklem returns during a period of disruption. Though he helped the BoC navigate the Great Recession, it'll be a different experience than before.Pandemic to Spill Red Ink All over Provinces’ Books
April 27, 2020 Provincial deficits to surge this year and the fiscal situation is deteriorating in all provinces but we've seen worse says RBC Economics.Student Aid: A Relief Program That Can Drive Innovation, Too
April 23, 2020 The recently announced relief measures for students and recent graduates will unlikely address the longer-term challenges ahead.Pandemic Throws Housing Market off Course
April 17, 2020 Home resales plummeted in March and larger declines are expected in April, says RBC Economics; however, the shock will be temporary.Bank of Canada Expanding Asset Purchases
April 15, 2020 The Bank of Canada announced several new measures, including expanding its asset purchase program to include provincial and corporate bonds.Early Q1 GDP Reading Worse than Thought
April 15, 2020 StatCan's data suggests Canada's economy shrank by 9% in March, but RBC Economics warns the estimate should be taken with a handful of salt.COVID-19 Recession Deepens Fast from Coast to Coast
April 13, 2020 The economic impact of the pandemic will be widespread across the country irrespective of the number of cases in each province.A Downturn Like No Other
April 9, 2020 In its latest macroeconomic outlook, RBC Economics calls for real GDP to contract at a greater than 30% annualized pace in the second quarter.Employment Plunged in March – with Much Worse to Come
April 9, 2020 The 1 million drop in jobs in March pales in comparison to what's to come in April as market data will look much worse, says RBC Economics.30 of 37