Canada’s economic recovery has proceeded on in the third quarter, however the pace of growth has slowed for the second straight quarter after losing traction in the spring amidst the softness in the U.S. economy, according to the latest Economic Outlook report from RBC Economics. With the financial market conditions improving and with monetary policy

Well folks, what many of us have feared to happen, is upon us, the Bank of Canada is introducing higher interest rates earlier than planned. It is likely we will see an increase in interest rates as early as June 1ST. On Tuesday, the Bank of Canada left its key overnight rate untouched at its

The measures taken to revive the global economy has achieved their primary purpose, however, a new stage has been set for a challenge that will constrain the pace of economic expansion according to a new report from TD Economics. Emerging markets have a risk of inflation, however the recovery scenario in developed countries look different

A report published by TD Economics on December 17th, 2009, shows that there is strong evidence that the Great Recession has ended and that the world economy expand by 3.8% in 2010. The recovery is likely to neither quick not easy, and there can be no certainty in regard to the course it will take.

The Bank of Canada has noted that Canadian businesses are seemingly more optimistic about prospective hiring over the next year; however this sense of confidence is eluding companies in Ontario.In the bank’s Business Outlook Survey, this was released yesterday in concurrence with another report on business lending. Both surveys strengthen the view that the worst