News by subject: ECONOMIC NEWS/TRENDS/ANALYSIS

The Building Industry and Land Development Association (BILD) released a survey of its members today that show a majority of residential construction projects in the GTA have been delayed due the COVID-19 Pandemic. The survey covered 498 active...

Ottawa, June 17, 2020?The Conference Board of Canada's Economist Anna Feng offers the following insights on today's Consumer Price Index (CPI) data: "Consumer prices were off their year ago level (-0.4 per cent) again in May, recording the second...

A few weeks after the first containment easing measures, economic activity seems to be picking up in most European countries. However, about two months after China, this gradual and partial recovery will not erase the effects of containment on global...

The First Nations Climate Initiative (FNCI), started by the Lax Kw'alaams Band, Metlakatla First Nation, Nisga'a Nation and Haisla Nation, has released a draft policy framework for energy development that meets local and global climate change targets...

Lumina Gold Corp. (the "Company" or "Lumina") is pleased to announce it has received positive results from the Preliminary Economic Assessment (the "PEA"), prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral...

New data from Colliers Canada reveals that 16% of Canadian commercial tenants paid no rent in May 2020 as rent collection continues to decrease during the...

Employment and tax revenues will take a staggering hit over the next decade unless governments work together to support municipal infrastructure investments, according to a new report prepared for the Residential and Civil Construction Alliance of...

The Canadian and Ontario Home Builders' Associations (CHBA and OHBA) and the Building Industry and Land Development Association (BILD) have submitted a 20-point plan to the Ontario Jobs and Recovery Committee to help kick-start the Canadian economy...

Ottawa, June 5th, 2020? The Conference Board of Canada's Senior Economist, Cory Renner offers insights on May's Labour Force Survey (LFS): "In another sign that the worst of the economic decline from COVID-19 is behind us, employment rose by...

Early 2020 marked by a sudden interruption in world trade, hampered by a global recession and soaring uncertainty The global recession is expected to coincide with a sharp decline in international trade this year, especially as international trade...

Nearly half (48%) of the UK public surveyed about the NHSX COVID-19 tracing app do not trust the UK government to keep their information safe from hackers. This is according to a study carried out by Censuswide on behalf of Anomali, a leader in...

The GTA new home market saw record low new home sales numbers in April, the Building Industry and Land Development Association (BILD) announced today.   It was the lowest April for total new home sales, as well as single-family and condominium...

As housing markets across the nation fall into the slump phase of the real estate cycle, one city is holding on. According to the Real Estate Investment Network's (REIN) COVID-19 Special Edition: Real Estate Cycle Update report, all major real estate...

The Building Industry and Land Development Association (BILD), Ontario Home Builders Association (OHBA) and RenoMark applaud the Government of Ontario's decision today to expand the list of allowable construction activities under the COVID-19...

The Building Industry and Land Development Association (BILD) and the Ontario Home Builders' Association (OHBA) applaud the Government of Ontario's decision to allow the resumption of construction activities. This will enable the industry to meet the...

PATTISON Outdoor Advertising, Canada's largest Out-of-Home advertising provider is releasing bi-weekly Out-of-Home location traffic data to the industry. To understand the impact of traffic on Out-of-Home locations across Canada due to the onset of...

A new survey from Restaurants Canada has revealed that most foodservice businesses in British Columbia might not have enough cash flow to successfully reopen their doors to diners. As the province moves forward with lifting emergency measures,...

A new survey from Restaurants Canada has revealed that most foodservice businesses in Alberta might not have enough cash flow to successfully reopen their doors to diners. As the province moves forward with lifting emergency measures, restaurants...

A new survey from Restaurants Canada has revealed that most foodservice businesses in Saskatchewan might not have enough cash flow to successfully reopen their doors to diners. As the province moves forward with lifting emergency measures,...

A new survey from Restaurants Canada has revealed that most foodservice businesses in Manitoba might not have enough cash flow to successfully reopen their doors to diners. As the province moves forward with lifting emergency measures, restaurants...

A new survey from Restaurants Canada has revealed that most foodservice businesses in Nova Scotia might not have enough cash flow to successfully reopen their doors to diners. As the province moves forward with lifting emergency measures,...

A new survey from Restaurants Canada has revealed that most foodservice businesses in Ontario might not have enough cash flow to successfully reopen their doors to diners. As the province moves forward with lifting emergency measures, restaurants...

A new survey from Restaurants Canada has revealed that most foodservice businesses in Newfoundland and Labrador might not have enough cash flow to successfully reopen their doors to diners. As the province moves forward with lifting emergency...

Long waits for surgery and medical treatment cost Atlantic Canadians $305 million in lost wages and productivity last year, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. And...

The GTA new home market continued to see above-average sales and a decline in inventory in March, the Building Industry and Land Development Association (BILD) announced today. There were 3,730 total new home sales in March 2020, which was up 67...

A push to expedite shovel-ready transit projects promises to be a major part of government efforts to kick-start the economy in the wake of COVID-19. Maximizing the value created by such infrastructure investments, however, will be essential when...

The GTA new home market saw an exceptionally busy February, the Building Industry and Land Development Association (BILD) announced today. There were 4,665 total new home sales in February 2020, which was up 211 per cent from February 2019 and 57...

According to Equifax® Canada's latest report on Canadian consumer credit, a resurgence in mortgages pushed consumer debt 4.4 per cent higher at the end of 2019 from the same period last year to $1.989 trillion. Homebuyers have adjusted to the 2018...

The GTA new home market saw a busier than usual January, the Building Industry and Land Development Association (BILD) announced today. There were 2,106 total new home sales in January 2020, which was up 65 per cent from January 2019 and 14 per...

CFA Society Toronto and Hillsdale Investment Management Inc invites submissions for the 2020 Hillsdale Investment Management ? CFA Society Toronto Research Award. The application deadline is 14 August 2020. "At its roots, Hillsdale believes in and...

Mandalay Resources Corporation ("Mandalay" or the "Company") is pleased to announce updated Mineral Resources and Reserves numbers estimates for its Costerfield gold-antimony mine in Australia and its Björkdal gold mine in Sweden as at December 31,...

New data released today demonstrates the economic impact of Paramount Picture's SONIC THE HEDGEHOG in British Columbia, with over $37.5 million spent on production across the province. In just 53 days of filming, the live-action adventure comedy...

The Sustainable Brands® community  recently announced program highlights for its flagship conference, SB'20 Long Beach. Scheduled for June 1-4, 2020 at the Long Beach Convention Center in Long Beach, CA, the program focuses on how brand and...

CMLS Financial, one of Canada's largest, independently owned mortgage services companies, has released their latest Commercial Mortgage Commentary, an in-depth analysis of the commercial mortgage market in Canada. Our February 2020 commentary...

Nearly 1.8 million Canadian Gen Z consumers now credit active Credit cards are the most widely held product among credit active Gen Z consumers, followed by student loans and personal loans Although starting from a very low base, mortgages, lines of...

Since 2007/08, the year before the last recession, combined federal and provincial debt has grown from $837.0 billion to a projected $1.5 trillion in 2019/20, finds a new study released today by the Fraser Institute, an independent, non-partisan...

Applied Systems® today announced the fourth quarter and year-end 2019 results of the Applied Rating Indextm, the Canadian insurance industry's premium rate index. In Q4 2019, average premiums for both Personal Auto and Personal Property lines...

A new book about Milton Friedman, one of the most influential economists of the 20th century, spotlights his extraordinary contributions to economic theory, measurement and policy?and his unique ability to make these concepts accessible to the...

The next decade is set to kick off with near record low unemployment, leaving businesses scrambling to find skilled workers. Yet some job seekers worry it will be even harder to find employment in 2020. So, where is the disconnect? In a recent...

Resonance Consultancy today announced the world's 100 top-performing cities in their annual World's Best Cities Report. The Resonance Best Cities rankings quantify and benchmark the relative quality of place, reputation and competitive identity for...

GL Brands ("the Company"), a multinational hemp consumer packaged goods company and global house of brands, is pleased to announce that revenue guidance for its recently completed first fiscal quarter of 2020 ended Sept. 30, 2019 in the range of...

Sabina Gold & Silver Corp (the "Company") (SBB ? TSX/SGSVF - OTCQX) is pleased to announce plans for the upcoming 2020 spring exploration program at its 100% owned Back River Gold Project in Nunavut, Canada. "We are pleased to be fully funded for...

In the next few days, owners of more than 280,800 properties throughout the Thompson Okanagan can expect to receive their 2020 assessment notices, which reflect market value as of July 1, 2019. "For the Okanagan region, the majority of home owners...

OTTAWA, December 17, 2019 (GLOBE NEWSWIRE) Canada's real GDP is forecast to expand by 1.8 per cent in 2020 and 1.9 per cent in 2021, underpinned by strong labour markets and modest growth in consumer spending. This, along with better prospects in the...

It's the most wonderful time of the year?and it can also be the most stressful. While 16% of business leaders and 30% of workers say they "love the holiday season at work," the rest report a range of seasonal stressors in a new survey released today...

FOR IMMEDIATE RELEASE Post-election Canada: REIN reveals top 3 most likely, and 5 more likely, policies to ?change the housing market as we know it' Vancouver, BC: The Real Estate Investment Network (REIN) reveals the top three most likely, and...

The Canadian consumer credit market is expected to show marginal balance growth with broadly stable delinquencies over the next year. These predictions were shared...

Despite a low national unemployment rate, an increasing number of Canadians are looking for work, while jobs vacancies remain stubbornly high. National polls in Canada consistently show jobs and economy as the top concern of Canadians. Dwayne...

The Conference Board of Canada's Provincial Economic Outlook was released today, providing the medium-term economic outlook for the provinces, including forecasts for gross domestic product (GDP) and labour market conditions. After increasing by...

October was a busy time in the GTA new home market, as is typically the case every year, the Building Industry and Land Development Association (BILD) announced today.   Single-family home sales, with 1,296 detached, linked and semi-detached...