After enjoying strong global growth in 2017 and the first half of 2018, the expansion we have seen in recent years is losing momentum. The International Monetary Fund (IMF) is forecasting global growth at 3.5% in 2019 and 3.6% in 2020; both forecasts have been revised downward from October; the seco...

Up until the end of the third quarter the world was convinced that the glass was half full. Then abruptly, it switched to half empty. While there has been a long list of concerns in the marketplace this year, it was the prospect of a long and difficult trade war between the U.S. and China that tippe...

October 10, 2018

Canada’s GDP was up 2.9% in the second quarter, a little lower than what was expected but a good pick up from the first quarter of 1.7%. Strength was found in the export sector; this reflects the robust 4.2% GDP growth in the U.S. economy during the second quarter.   Canada’s economy was held back b...

July 10, 2018

The Canadian economy picked up strength during the spring. GDP growth for the first quarter was 1.3%. However, in the last three months to April, our growth was up 3.2%. (Clearly, January was a weak month.) Leading the economy during this period were the Goods Producing Industries which were up 7.7%...

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July 9, 2020

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