Tag: Newfoundland and Labrador Articles
17 Results
COVID Response Has Kept Many Indebted Canadians from Reaching Debt Cliff
September 9, 2020 The debt cliff looks more like a slope; however, concerns about household debt remain, especially in the oil provinces and among Millennials.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.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.Reopening of Provincial Economies: Different Speed, Scale and Outcomes
June 10, 2020 The pace of the recovery will be uneven across the country and reopening process will set the stage for a meaningful economic recovery.Let the Recovery Begin (Please)!
May 11, 2020 RBC Economics projects provincial recessions ranging from -4.8% to -11.2% in 2020; however, the good news is the recovery phase is upon us.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.2 of 2