Bank of Canada Governor Stephen Poloz said he believes monetary policy conditions are “about right” in the country right now, though officials are monitoring closely whether global trade tensions spill over further into the broader economy.
— Read on www.bloomberg.com/news/articles/2019-11-21/monetary-conditions-are-about-right-in-canada-poloz-says
Tag: Canada
CIBC CEO Throws Support Behind Canada’s Struggling Energy Patch – Bloomberg
The head of a Bay Street bank threw his support behind Canada’s beleaguered energy industry, saying the country serves neither itself, nor the planet, by undermining its ability to get its “responsibly” produced oil and gas to market.
— Read on www.bloomberg.com/news/articles/2019-11-01/cibc-ceo-throws-support-behind-canada-s-struggling-energy-patch
Another Energy Player Drops ‘Canada’ From Name Amid Exodus – Bloomberg
Canada’s beleaguered energy sector suffered another morale blow as Encana Corp. — one of its marquee companies that was born out of the 19th-century railway boom — announced plans to move its headquarters to the U.S. and drop the link to Canada from its name.
— Read on www.bloomberg.com/news/articles/2019-10-31/encana-to-establish-u-s-domicile-as-permian-oil-output-surges
Canadians ‘drowning in debt’ as 47% struggle to cover costs: MNP – BNN Bloomberg
Canadians ‘drowning in debt’ as 47% struggle to cover costs: MNP – BNN Bloomberg
— Read on www.bnnbloomberg.ca/canadians-drowning-in-debt-as-47-struggle-to-cover-costs-mnp-1.1338497
Poloz may see less ‘growth bang’ in Trudeau’s fiscal bucks: Economists – BNN Bloomberg
Poloz may see less ‘growth bang’ in Trudeau’s fiscal bucks: Economists – BNN Bloomberg
— Read on www.bnnbloomberg.ca/poloz-may-see-less-growth-bang-in-trudeau-s-fiscal-bucks-economists-1.1337620
Canadian homes are expected to get even more expensive
If you think home prices are out of control now, just give it a couple of years.
— Read on ca.finance.yahoo.com/news/canadian-homes-to-get-even-more-expensive-185628920.html
Foreigners Are So Over Canada Stocks as Flows Dip to 7-Year Low – Bloomberg
Canada’s $2.2 trillion stock market has hit multiple records this year but that’s not impressing foreign investors.
— Read on www.bloomberg.com/news/articles/2019-10-24/foreigners-are-so-over-canada-stocks-as-flows-dip-to-7-year-low
International investors mock Canada’s inability to build pipelines: Manning – Video – BNN
Preston Manning, former Reform Party of Canada leader and founder of the Manning Centre, joins BNN Bloomberg to discuss the issue of Western alienation, this week’s federal election outcome and Canada’s inability to get pipelines built.
— Read on www.bnnbloomberg.ca/investing/video/international-investors-mock-canada-s-inability-to-build-pipelines-manning~1811999
Foreigners are ditching Canadian stocks as flows dip to 7-year low – BNN Bloomberg
Foreigners are ditching Canadian stocks as flows dip to 7-year low – BNN Bloomberg
— Read on www.bnnbloomberg.ca/foreigners-are-ditching-canadian-stocks-as-flows-dip-to-7-year-low-1.1336836
Canadian home prices climb further out of reach
After taking a bit of a breather earlier this year, most of Canada’s housing market is back on its path of unaffordability.
— Read on ca.finance.yahoo.com/news/canadian-home-prices-out-of-reach-195853672.html