Thursday, November 23, 2017
Breaking News
Home » Tag Archives: RBC

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 »

Canadian GDP jumps 3.7 percent in first quarter

(May 31, 2017) -- "The 3.7 percent GDP jump in first quarter marked a third consecutive gain above our estimate of the economy’s ‘potential’ long-run growth rate and a third consecutive out-performance relative to the United States," said Janzen. Read More »

U.S. GDP revised upward 0.5%

(May 26, 2017) -- Consumer spending growth remained modest but was revised up slightly to 0.6 percent from 0.3 percent previously, and an already-strong business investment gain was revised up to 11.4 percent, marking the strongest quarterly increase in five years, RBC Economics reported. Read More »

Bank of Canada maintains overnight rate of 0.5%

(May 25, 2017) -- "The tone of the bank’s assessment appears to us to be more upbeat as policymakers gave a nod to both global and domestic conditions having improved with the bank anticipating very strong growth in the first quarter," said Desjardins. Read More »

Canadian retail sales up, inflation steady

(May 19, 2017) -- Nominal retail sales in Canada rose 0.7 percent, led by a 3.2 percent increase in motor vehicle sales. The year-over-year rate of headline CPI inflation was unchanged at 1.6 percent in April, while expectations were for a modest rise to 1.7 percent. Read More »