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Tag Archives: RBC

Bank of Canada sees business prospects improving

(Jan. 9, 2016) -- "However, this optimism could be tempered if signs emerge that increased trade protectionism is emerging from the Trump administration limiting Canadian exporters ability to benefit from the U.S. fiscal stimulus," said Ferley. Read More »

Growth in Canadian firms slowest in four years

(Jan 6, 2017) -- "Sluggish firm count growth is broad based with most industries seeing growth drop below their post-recession average," said Walsh. "Decline in mining, oil and gas firm counts is notable, with 9 percent of firms in the sector (nearly 1,000 in all) ceasing operations over the past year." Read More »

U.S., Canadian employment number jump in Dec.

(Jan. 6, 2017) -- "The increase in hiring has been sufficient to put downward pressure on the unemployment rate and upward pressure on wage growth. These trends are indicative of overall economic activity being sustained at an above-average, or above-potential, rate," said Ferley. Read More »

U.S., Canadian employment numbers rise

(Dec. 2, 2016) -- November payroll employment increased by 178,000, up considerably from the 142,000 gain in October. In Canada, employers increased employment by 11,000 jobs in November, despite estimates of a drop in new jobs. Read More »

Canadian GDP rises 3.5 percent

(Nov. 30, 2016) -- "The issue going forward is what growth rate will the economy stabilize at once the temporary boost from the recovery of this lost oil production passes," said Janzen. Read More »

Energy price bump fuels Canadian inflation rate

(Nov. 18, 2016) -- "Our forecast is that the economy will grow at an above-potential pace throughout 2017 chiseling away at spare capacity, underpinning inflation expectations at 2 percent and preventing a downshift in underlying price pressures," said Desjardins. Read More »

U.S. retail sales jump 0.8% in October

(Nov. 15, 2016) -- Retail sales in the United States posted another solid increase in October with a 0.8 percent gain built on an upwardly revised 1.0 percent increase in September, RBC Economics reported. Read More »

U.S. employment jumps 161,000

(Nov. 4, 2016) -- However, CNS News reported that 94.6 million adults are still out of the labor force, the second highest number on record. It forced the participation rate down to 62.8 percent. Read More »

Fed leaves rates as is until after election

(Nov. 3, 2016) -- "With the economy picking up pace and labor market conditions continuing to tighten, the underpinnings of the Fed meeting its longer term objective of 2 percent inflation appear to be strengthening," said Desjardins. Read More »

Canadian GDP rises 0.2%

(Nov. 1, 2016) -- "The increase in August GDP builds further onto the outsized gains in July and June and point to Q3 annualized GDP growth likely increasing 3.5 percent," said Ferley. Read More »

U.S. GDP expected to climb 2.9% in third quarter

(Oct. 28, 2016) -- The advance estimate of U.S. third-quarter gross domestic product growth was 2.9 percent, which was above expectations for a 2.5 percent gain, and up from the 1.1 percent average growth rate in the first half of the year, RBC Economics reported. Read More »