Economy – Advisor's Edge https://uat-phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Thu, 01 Dec 2022 19:45:38 +0000 en-CA hourly 1 https://wordpress.org/?v=6.1.1 https://uat-phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png Economy – Advisor's Edge https://uat-phoenix.advisor.ca 32 32 Banks outline downturn prep while still talking growth https://uat-phoenix.advisor.ca/news/industry-news/banks-outline-downturn-prep-while-still-talking-growth/ Thu, 01 Dec 2022 19:40:27 +0000 https://www.advisor.ca/?p=217258 Strategies were discussed during earnings calls

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]]> Business optimism continues to slide: survey https://uat-phoenix.advisor.ca/news/economic/business-optimism-continues-to-slide-survey/ Wed, 30 Nov 2022 17:58:55 +0000 https://www.advisor.ca/?p=217175 Only 37% of respondents believed they would have more employees one year from now

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]]> Current account turns to deficit in Q3: StatsCan https://uat-phoenix.advisor.ca/news/economic/current-account-turns-to-deficit-in-q3-statscan/ Mon, 28 Nov 2022 18:26:21 +0000 https://www.advisor.ca/?p=217050 Growing services deficit and investment income turned the balance negative

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]]> Federal government posts $1.7-billion surplus for April to September period https://uat-phoenix.advisor.ca/news/economic/federal-government-posts-1-7-billion-surplus-for-april-to-september-period/ Fri, 25 Nov 2022 20:00:28 +0000 https://www.advisor.ca/?p=217013 Compared to the same period in the previous fiscal year, government revenues were up 18.6%

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]]> Sovereign credit conditions to decline in 2023: Fitch https://uat-phoenix.advisor.ca/investments/sovereign-credit-conditions-to-decline-in-2023-fitch/ Mon, 21 Nov 2022 19:30:10 +0000 https://www.advisor.ca/?p=216789 Government finances face pressure from rising rates, slowing growth

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]]> Canadians’ financial confidence slipping amid recession fears: survey https://uat-phoenix.advisor.ca/my-practice/conversations/canadians-financial-confidence-slipping-amid-recession-fears-survey/ Wed, 09 Nov 2022 13:00:36 +0000 https://www.advisor.ca/?p=216216 IG Wealth's latest index shows most Canadians expect a recession next year

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]]> Freeland presents modest mini budget, forecasts first surplus on the horizon https://uat-phoenix.advisor.ca/news/economic/fiscal-update-projects-return-to-black-by-2027-budget/ Thu, 03 Nov 2022 20:10:16 +0000 https://www.advisor.ca/?p=215963 The Liberals are proposing a 2% tax on corporate stock buybacks

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]]> Supply issues ease, exposing a drop in demand: Fitch https://uat-phoenix.advisor.ca/news/economic/supply-issues-ease-exposing-a-drop-in-demand-fitch/ Thu, 03 Nov 2022 17:11:14 +0000 https://www.advisor.ca/?p=215920 While supply chain conditions are improving, challenges remain, a new report says

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]]> Canada likely needs slowdown to solve labour shortage: TD https://uat-phoenix.advisor.ca/news/economic/canada-likely-needs-slowdown-to-solve-labour-shortage-td/ Mon, 31 Oct 2022 16:53:32 +0000 https://www.advisor.ca/?p=215682 Slower growth may be the only cure to the job vacancy issue, a report says

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]]> As Canada faces potential recession, Freeland to give fall economic statement Nov. 3 https://uat-phoenix.advisor.ca/news/economic/as-canada-faces-potential-recession-freeland-to-give-fall-economic-statement-nov-3/ Fri, 28 Oct 2022 19:24:58 +0000 https://www.advisor.ca/?p=215638 The finance minister has warned not to expect more stimulus that would further fuel inflation

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