All Economy stories

Another US bank bites the dust

Another week, another mid-sized US bank is no more. 

Driving the news: US regulators seized First Republic Bank and sold it off to JPMorgan Chase in the wee hours of the morning today.
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Big tech gains could hide stock risks

With the S&P 500 up 8% so far this year, your portfolio might be looking pretty good. But there are some serious risks lurking below the surface of the apparent stock rally. 

Driving the news: Last week’s surprisingly strong earnings for big tech amid gloomy economic data underscored a growing gap between winners and losers in the main US stock index. 
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Canada’s productivity problem

Canada used to have one of the most productive economies in the world, but now? Not so much. We have already fallen behind the average developed economy, and the OECD now expects Canada to have the lowest per-capita GDP growth of any member country. 

So what gives? A big part of the problem is our lagging productivity level. But what does that actually mean? 
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It’s a bad time to be an office landlord

Is commercial real estate the next domino to fall in our creaking global economy? A growing number of signs point to very possibly.
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Labour strike hits the ports

If you’re looking to renew your passport, apply for Canadian citizenship, or send a 40-foot shipping container’s worth of stuff anywhere, this might not be your week. 
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Marty Weintraub on why prices are rising

In a recent report, Scotiabank economist Derek Holt concluded the latest Canadian retail sales data “probably told us nothing about the state of the Canadian consumer.” 

Luckily, we have Marty Weintraub on next week’s episode of Free Lunch By The Peak to dive into what’s happening in retail, like why prices are rising and when they’ll stop. 
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The federal strike’s economic impact

As Public Service Alliance of Canada (PSAC) workers hit the picket line, their fight for higher wages could disrupt more than just your spring travel plans.
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TFSA day traders, beware

Canadian tax courts are cracking down on TFSA day trading, taking aim at investors that are doing so well that their trades could be classified as a business activity… well, kind of.   
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The Bank of Canada holds steady

Tiff Macklem is nothing if not a man of his word. Despite mounting pressures, the Bank of Canada (BoC) kept its promise and continued to hold steady on interest rates.
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Interest rates may go low again, says the IMF

High interest rates are hurting wallets, but there may be an end in sight.
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