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13th March 2018 – Untapped Potential In Canadian Economy To Generate More Growth Without Higher Inflation
Canada’s interest rates may therefore not move for sometime. Although unemployment is falling, there is still sufficient numbers unemployed or underemployed to temper any pressure on increasing inflation or controlling interest rates according to Bank of Canada Governor Stephen Poloz.
However, the Canadian Federation of Independent Business CFIB says there is a growing skills shortage in Canada. There are 400,000 job vacancies unfilled in Canada and this is holding back business in Canada. The construction sector has a particularly wide skills gap.
Unemployment rate in Canada is 5.8 percent – the lowest rate since 1976
Over 500 Canadian doctors protest raises, say they’re being paid too much (yes, too much) #canadachat #CanadaWeWant #CanadaReads #Canada #CanadaHealthcare #CanadaBusiness #CanadaEconomy https://t.co/iN4ZILYl5H
— cheeringup (@cheeringup) March 6, 2018
6th March 2018 – Bombardier To Strengthen Balance Sheet
Bombardier Inc will sell equity stake in company to boost its balance sheet as part of planned 5-year turnaround business plan. Bombardier was struggling with high levels of debt which did threaten its survival and may see dilatation of shareholder value as price to pay to build corporate resilience.
2nd March 2018 – Canada Manufacturing Growth Falls In February
The slight fall in Canadian manufacturing growth was offset by news that employment levels in Canada are at highest level in 6 months.
— Risk Management (@HolisticRiskMgt) February 15, 2018
— World Economic Forum (@wef) February 10, 2018
9th February 2018 – Biggest Threat To Canada’s Economy Is Personal Debt Levels
Senior Deputy Governor Carolyn Wilkins has been reported as saying that the biggest threat to Canada is the serviceability of debt taken on by individuals in Canada as interest rates have jumped up quickly and will continue to rise in 2018.
15th January 2018 – Canadian Home Sales Rise for 5th Straight Month
According to the Canadian Real Estate Association CREA, resales of Canadian homes rose 4.5 percent in December.
Toronto’s housing market called last summer after action by the province to impose foreign buyers tax.
21st December 2017 – Inflation Increase In Canada
Inflation in Canada has risen to its highest rate since the start of 2017. Annual inflation increased to 2.1 percent in November from 1.4 percent in October, according to Statistics Canada.
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