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Tag Archives: RBC

Canadian retail sales rise in June

(July 21, 2017) -- The 0.6 percent increase was boosted by a stronger-than-expected 2.4 percent surge in motor vehicles sales that more than offset gasoline station receipts dropping a smaller than expected 0.6 percent. Read More »

Bank of Canada sets optimistic tone for economy

(June 30, 2017) -- "Expected future sales growth and hiring intentions both rose with the latter easily hitting a record high," said Janzen. "Investment intentions dipped but from a very high Q1 reading that matched the second-highest on record. Read More »

Canadian household debt at record high, inflation stalls

(June 14, 2017) -- Household net worth in Canada climbed to a record high of $10.5 trillion in the first quarter of 2017. However, the all items U.S. Consumer Price Index unexpectedly fell 0.1 percent in May to bring the year-over-year rate down to 1.9 percent from 2.2 percent in April. Read More »

Canadian employment surges by 55,000

(June 9, 2017) -- "The jump in employment in May continued an unusually long streak of gains for a survey that is typically very volatile," said Janzen. "The 55,000 surge in employment marked the 16th gain out of the last 18 months." Read More »

RBC releases report on Canadian economy

(June 7, 2017) -- "RBC acknowledge that some of the concerns are valid, especially given that households continue to take on debt and the debt-to-income ratio clocks in at record highs nearly every quarter," said Cooper. Read More »