Canadian interest rate forecast for March, 2013

VANCOUVER, BC, Mar. 2, 2013/ Troy Media/ – The positive tone in financial markets during January carried into last month but turned negative when political issues in the U.S. and Italy came to the fore.

Long bond yields declined in North America but rose in Europe during the second half of February. Those issues in Europe and concerns about the U.S. sequester and the debt ceiling will continue to dominate market sentiment in the near term.

Read more: http://tinyurl.com/cxg482t

 

Canadian interest rate forecast for February, 2013

VANCOUVER, BC, Feb. 2, 2013/ Troy Media/ – Economic prospects in the global economy improved slightly with signs of faster growth in China and other Asian economies along with receding risks of a financial crisis in Europe.

The U.S. economic recovery continues to grind higher in the face of fiscal headwinds and potential political pitfalls. Europe’s economy remains in recession and is the main drag on global growth. Highly-stimulative monetary conditions in many economies will prevail through 2013, and in some cases, through 2014.

Read more: http://tinyurl.com/bo87lpb

Alberta economic snapshot for Dec. 22, 2012

CALGARY, AB, Dec. 22, 2012/ Troy Media/ – One of the reasons Alberta is experiencing strong interprovincial in-migration is the hot job market and the fat paycheques that go with it. However, there is a big gap between the top and the bottom wage earners in the province – and the gap is growing.

Read more: http://tinyurl.com/cjwwoqz

‘Dorky’ Canada in the groove

CALGARY, AB, Dec. 2, 2012/ Troy Media/ – Most of us who have lived through the turbulent teen years know what it’s like. You want to be noticed . . . but noticed for the right reasons. You don’t want to be noticed and laughed at for wearing rubber boots to school in Grade 7 (true confessions of this economist!), or for being picked last by the jock captains in high school gym basketball (sigh).

But you do want to be noticed for having the correct Jordache jeans, the highest mark in calculus, and the latest Texas Instrument calculator in its faux denim vinyl case (I did much better on these indicators).

Read more:  http://tinyurl.com/cqlemq4  

Canadian interest rate forecast for December, 2012

VANCOUVER, BC, Dec. 1, 2012/ Troy Media/ – The global economy remains in a growth recession, loosely defined as growth less than 4 per cent, which will extend into 2013.

Tentative signs of firmer growth in China are emerging. If policymakers in the U.S. fail to reach a compromise on the looming fiscal cliff, that economy undergoes a significant setback. The European economy is back into recession and many policy hurdles remain with any misstep keeping it in recession through 2013. A low interest rate environment will prevail until the economy grows at a faster pace and begins to absorb excess capacity.

Read more:  http://tinyurl.com/cumrv8r  

Alberta economic snapshot for Dec. 1, 2012

CALGARY, AB, Dec. 1, 2012/ Troy Media/ – The woes in the global economy kept mounting in the third quarter of 2012. A crush of bad news from Spain, the United States, and even China has weighed down the world’s economic growth – and Canada was not immune.

Yesterday morning Statistics Canada reported that inflation-adjusted gross domestic product (GDP) advanced by only 0.1 per cent in the third quarter compared to the second quarter. On an annualized rate (that is, the growth expected over an entire year at this pace) growth was a mere 0.6 per cent. That was the slowest rate of growth in over a year. The sluggish growth in Canada was mostly the result of declines in exports and business investment.

Read more:  http://tinyurl.com/cmn2o73