Originally from our sister publication, Advisor.ca. Blame it on an era of stagnant real wages: the majority of Canadians say they have no savings set aside “for a rainy day,” according to the October RBC Canadian Consumer Outlook Index. What’s worse, 30% said they are dipping into their existing savings to pay for everyday expenses […]
More and more institutional investment managers are expecting the worst. They believe corporate earnings will decline, U.S. economic growth will slow and the European debt crisis will spill over to other areas of the market, this according to a survey by Northern Trust. Survey respondents also see U.S. equities as undervalued, but see investment opportunities […]
Canadian salaries will increase by an average of 3.2% in 2012, according to information contained in new salary guides released by Robert Half International. The 2012 Salary Guides—the latest in an annual offering the company has produced since 1950—considers job searches, negotiations and placements conducted by Robert Half to determine compensation trends across various industries […]
Canada’s economy will avoid slipping back into recession, but growth will remain modest in 2011 and 2012, according to the Conference Board of Canada’s Canadian Outlook—Autumn 2011. “The ongoing volatility in equity and commodity markets is a reminder of how fragile the state of the U.S. and global economy remains,” said Pedro Antunes, the Conference […]
Canadians’ confidence in the economy has fallen to its lowest in two years, according to the results of the latest Nanos Research poll. The percentage of Canadians who feel the economy will improve within the next six months fell to 16% from 29.2% in June 2011, while the number of Canadians who feel the economy […]
Canadian companies have grown more pessimistic about their sales prospects for the coming year and plan to cut investment and hiring, says a Bank of Canada survey. The central bank’s quarterly business outlook survey, released Oct. 17, found businesses generally gloomier on most measures, but analysts noted that the sentiment is still well above what […]
A new study by the Bank of Montreal suggests just over half of Canadian businesses believe 2012 will be a better year for them despite global economic uncertainty. The study finds 51% of Canadian businesses expect a better year compared to 13% who believe it will be worse. The bank also found that more than […]
With renewed signs of a global economic slowdown, Canadian businesses should be bracing for softer domestic demand as well. This is especially the case for small businesses, which tend to be far more exposed to the domestic market, according to a report from Scotia Economics. “Small firms are particularly sensitive to domestic demand, so their […]
Shrinking margins, a high dollar and attracting talent top the list of worries for Canadian business leaders, according to a national survey conducted by business law firm Miller Thomson LLP The vast majority of the 200 senior business executives polled said they looked to customers when making business decisions, believing that federal and provincial governments […]
Originally from our sister publication, Advisor.ca. Investors should be cautiously optimistic about the outlook for Canada and emerging markets, two top experts at BMO said during a conference call on Friday. The Canadian scene On the economic front, we continue to perform relatively well,” said Paul Taylor, chief investment officer, BMO Harris Private Banking. Both […]