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Fitch’s global forecast on track for 2020

The rating agency's latest forecast for global growth was for a 4.6% drop this year

Bond indices

Future market shocks a potential risk to bond funds

New Bank of Canada research examines how bond funds have responded to market stress so far

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July a record-breaking month for GTA home sales

Average home prices are also up 16.9% from a year ago, at $943,710

Securities and Exchange trending up

ETFs see their second strongest month of the year: National Bank

Fixed income ETFs dominate flows in July

  • By: Staff
  • August 5, 2020 August 5, 2020
  • 11:49
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Insolvencies rise 4.7% in June

Year over year, insolvencies have dropped sharply

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Spending rebounds as economies reopen

But the end of CERB could put a damper on positive progress, TD warns in a report

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Coming weeks critical for economic recovery: BMO

Path of the pandemic key to economy in Canada, U.S.

Small biz confidence improves in July: CFIB

The finance, insurance and real estate sector was an exception

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U.S. consumer spending regains ground

The June increase in consumer spending coincided with a 1.1% drop in personal incomes, however

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May’s GDP growth beat economists’ expectations

Statistics Canada calculated a 4.5% increase in the month, but found a steep contraction in Q2 overall

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Some positive signs in May payroll numbers

More people returned to work, but payroll losses since February have been steep

  • By: Staff
  • July 30, 2020 July 30, 2020
  • 14:05
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US economy shrank at record breaking 33% rate last quarter

The decline in GDP in Q2 marked the sharpest such drop on record

Federal Reserve Building

Fed stays the course as pandemic constrains growth

The central bank will continue to buy US$120 billion in Treasury and mortgage bonds each month

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Youth unemployment could have long-term consequences, StatsCan warns

Women who graduated this year may face larger earnings losses than men

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Some provinces saw slow business investment prior to pandemic: study

B.C. and Ontario outperformed mainly because of strong real estate investment, while Quebec and the Maritimes lagged

  • By: Staff
  • July 28, 2020 July 28, 2020
  • 13:12
Federal Reserve Building is the headquarter of the Federal Reserve System and 12 Federal Reserve Banks, Washington DC, USA

Fed extends lending programs as pandemic’s impact lengthens

The extension applies to several programs that lend to Wall Street banks and other financial institutions

ALFRED GESCHEIDT / GETTY IMAGES; ICONS: ISTOCKPHOTO

U.S. consumer confidence fell in July

Reading was worse than expected, but above April's

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Understanding CERB, EI and the feds’ wage subsidy

A roundup of federal assistance for the Covid-19 crisis

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Canadians hesitant about resuming activities as Covid-19 restrictions ease

Survey finds most remain concerned about health risks of large gatherings, air travel and dining out

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Consumer spending stabilizes, strengthening rebound

Plus, a recent poll reveals Canadians' top financial priorities

  • By: Staff
  • July 27, 2020 July 27, 2020
  • 12:12
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Virus containment key to U.S. economic recovery

U.S. rebound seems to have stalled in recent months with resurgence of Covid-19

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Covid-19 data points to ‘signs of excess mortality’ for Ontario: StatsCan

The province has reported the second-highest total of deaths due to the pandemic

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E-commerce sales hit record $3.9B in May

Between February and May, online sales surged 99.3%

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Sustainable finance holds up in face of pandemic

Social bond issuance hit a record high in Q2