News by subject: ECONOMIC NEWS/TRENDS/ANALYSIS

Third quarter 2018 revenue was $351 million, a decrease of 1% from the $353 million reported in the second quarter1 of 2018 and 11% lower than the $395 million reported in the third quarter of 2017.Adjusted EBITDA2 in the third quarter of 2018 was...

On Wednesday, Oct. 24, the Fraser Institute will release a new study on the wage gap between government- and private-sector workers in Ontario. Comparing Government and Private-Sector Compensation in Ontario spotlights differences in wages for...

Mutual investment, business, and job-growth opportunities shared by Bermuda and Florida were the focus of talks held in Miami today by Premier David Burt and members of city and statewide chambers of commerce. The meetings with leaders of the...

Canada's anemic growth rate of capital investment?which has slowed to a 40-year low?has lagged behind growth rates in the United States and other developed countries in recent years, finds a new study released today by the Fraser Institute, an...

Wesdome Gold Mines Ltd. ("Wesdome" or the "Company") today announces its gold production results for the third quarter of 2018 ("Q3"). Mr. Duncan Middlemiss, President and CEO commented, "Production in Q3 benefitted from initial mining of the wide,...

Netcoins Holdings Inc. ("NETC" or the "Company") is pleased to announce that it has completed over CAD $21 million in transactional revenue during fiscal 2018 Q3. This represents a 400%+ gain over 2018 Q2 revenues. Netcoins also set a monthly...

If the Ontario government cancelled existing contracts with renewable energy generators such as wind and solar power, it could reduce electricity bills for Ontarians by 24 per cent, finds a new study released today by the Fraser Institute, an...

Amid new polling results showing continued strong public opposition to municipal land transfer taxes, the Toronto Real Estate Board (TREB) has released a policy paper calling for reform of the Toronto Land Transfer Tax and for no new municipal land...

Fears surrounding economic, social, and political disruption loom large in the minds of policy-makers throughout the West. In response, many governments ? including governments in Canada ? have renewed their focus on income redistribution, hoping...

This year is shaping up to be the toughest year for foodservice operators since 2011, according to Restaurants Canada, the largest association representing foodservice and hospitality businesses across the country.While overall foodservice sales were...

Toronto Real Estate Board President Garry Bhaura announced that TREB Commercial Network Members reported over 275,000 square feet of leased space, in transactions undertaken on a per square foot net basis with pricing disclosed, across the...

Toronto Real Estate Board President Garry Bhaura announced sales and price increases on a year-over-year basis in August.  Greater Toronto Area REALTORS® reported 6,839 sales through TREB's MLS® System in August 2018 ? an 8.5 per cent increase...

As one of Canada's leading unions, we certainly welcome the federal government's declaration to reduce poverty. But, after reading the fine print, we are surprised and disappointed to find that the National Strategy on Poverty Reduction is missing a...

On Tuesday, Aug. 21, the Fraser Institute will release a new study on Ontario government finances. Restoring Ontario's Public Finances outlines several ways Ontario's new government can balance the provincial budget?a promise made during the...

The average Canadian family spent 43 per cent of its income on taxes in 2017, more than housing, food and clothing costs combined, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy...

Government employees in Alberta received 9.6 per cent higher wages on average than comparable workers in the private sector last year, and enjoyed much more generous non-wage benefits, too, finds a new study by the Fraser Institute, an independent,...

Toronto Real Estate Board President Garry Bhaura announced strong growth in the number of home sales and the average selling price reported by Greater Toronto Area REALTORS® in July 2018. "Home sales result in substantial spin-off benefits to the...

TORONTO, August 2, 2018 ? Businesses across Canada's foodservice sector are bracing themselves for rising food costs resulting from tense international trade negotiations. According to Restaurants Canada's most recent quarterly Restaurant Outlook...

TDb Split Corp. ("the Company") announces that its semi-annual financial statements and management report of fund performance for the six months ended May 31, 2018 are now available at www.sedar.com and the Company's website at www.tdbsplit.com. For...

The MNP Consumer Debt Index has jumped ten points since March, signaling an overall improvement in Canadians' feelings about their debt and increasing optimism among Canadians on issues related to personal finance. Over sixty per cent (61%) of...

Peregrine Diamonds Ltd. ("Peregrine" or "the Company") is pleased to announce the filing of a National Instrument ("NI") 43-101 technical report titled "Updated Preliminary Economic Assessment NI 43-101 Technical Report Chidliak Project, Nunavut,...

AGF Management Limited reported total fee-earning assets under management (AUM) of $38.3 billion as at June 30, 2018.    AUM ($ billions) June 30, 2018 May 31, 2018  % ChangeMonth-Over-Month  June 30, 2017 % Change Year-Over-YearTotal Mutual Fund...

Axonify, the world's most trusted corporate microlearning platform, today announced results from a study, conducted by PMG Intelligence, which revealed that frontline financial services employees are in critical need of more in-depth and ongoing...

TransGlobe Energy Corporation  ("TransGlobe" or the "Company") announces a mid-second quarter 2018 update. All dollar values are expressed in US dollars unless otherwise stated. Highlights Published AIM listing documents June 1st, 2018;...

Today the Aerospace Industries Association of Canada (AIAC) and the Department of Innovation, Science and Economic Development (ISED) released their joint 2018 report on the state of Canada's aerospace industry. The report's findings clearly show...

The period from 2006 to 2016 was a remarkable decade for Canada's oil and gas industry. Periods of rapid growth followed by sharp contractions transformed not only the industry, but also its workforce, according to the latest report released today by...

Toronto Real Estate Board President Tim Syrianos announced that TREB Commercial Members reported 210,579 square feet of combined industrial, commercial/retail and office space leased through the TREB MLS® System, on a per square foot net basis with...

The deteriorating public schools in Southwestern Ontario's public schools have racked up over $1.5 billion in disrepair, data from the Ontario Ministry of Education has revealed. The School Facility Condition Data report, updated at the end of 2017,...

Despite misperceptions and government claims, raising the minimum wage will do little to reduce poverty in British Columbia because the vast majority of minimum-wage earners don't live in low-income households, finds a new study released today by the...

The Thompson-Okanagan Development Region (Thompson-Okanagan) enjoyed a stellar performance in 2017, highlighted by a 10-year record in population growth, strong tourism activity, and record housing sales. Together, these factors stimulated job...

With summertime approaching, images come to mind of teenagers heading off to summer jobs or high school graduates searching for their first work experience. But, in reality, teenage employment is declining in Canada. Over the past 10 years, an...

Poor energy policy choices?including Ontario's Green Energy Act?have increased electricity prices for residents, cost tens of thousands of manufacturing workers their jobs and produced only minimal health and environmental benefits, finds a new...

Today, the Toronto Real Estate Board will host the third of three Regional Economic Summits in York Region (Durham Region was hosted on March 20) to discuss its market outlook, with updated consumer polling data from Ipsos Public Affairs and results...

Toronto Real Estate Board President Tim Syrianos announced commercial leasing and sales transactions reported through TREB's MLS® System for the first quarter of 2018. TREB Commercial Network Members reported 6,277,221 square feet of combined...

Crescent Point Energy Corp. ("Crescent Point" or the "Company") is pleased to announce that first quarter 2018 production and cash flow from its U.S. assets have grown year-over-year by approximately 60 percent and 175 percent respectively. The...

INTERFOR CORPORATION ("Interfor" or the "Company") announced today that it has published its first corporate sustainability report; it can be viewed online: www.interfor-sustainability.com. The report highlights Interfor's commitment to making...

As a part of Budget 2018, the federal Liberal government announced significant funding for protected areas in Canada, which positions Canada as a global leader in biodiversity conservation. In 2015, the Canadian government adopted the 2020...

The Liberal government could still balance the federal budget by 2019/20?a promise Prime Minister Justin Trudeau made during the 2015 election campaign?by reducing program spending by just one per cent over the next two years, finds a new study...

Enterprise Group, Inc. ("Enterprise," or "the Company") , a consolidator of services to the energy sector focused primarily on construction services and specialized equipment rental, today released its Q4 2017 and FY2017 results. (Table below). Key...

The Toronto Real Estate Board will release its annual Market Year in Review & Outlook Report today at the Board's Economic Summit. This report captures statistics recorded through TREB's MLS® System for 2017 and provides a market outlook for 2018,...

Impact Forecasting, Aon Benfield's catastrophe model development team, today launches its Weather, Climate & Catastrophe Insight: 2017 Annual Report, which evaluates the impact of the natural disaster events that occurred worldwide during 2017 to...

Production by Canada's Japanese-brand auto manufacturers topped 1 million light duty vehicles for the second year in a row, according to figures released this week by the Japan Automobile Manufacturers Association of Canada (JAMA Canada). Total...

Canadians are growing increasingly concerned about their ability to repay debts and have seen their household budgets tighten significantly since interest...

Higher realizable rents, completion of development projects and new property acquisitions driving growthCanada: Office and retail REITs capitalizing on urban growthU.S.: The technology sector gaining momentum, driving up rent and demand for data...

More than 90 per cent of Canadian families with children will pay higher taxes once the Canada Pension Plan (CPP) tax increases are fully implemented, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian...

2017 2016 % chgTotal December sales (units) 138,226 152,743 - 9.5Nissan Division sales 121,847 134,545 - 9.4INFINITI sales* 16,379 18,198 - 10.0       Calendar Year Total Sales (units) 1,593,464 1,564,423 +1.9Nissan...

Fenwick & West today released its Corporate Governance Survey for the 2017 proxy season, providing insight into the management, leadership and governance of technology and life sciences companies in Silicon Valley. The survey covers more than a...

Owners.com, an innovative technology enabled real estate brokerage, today released its inaugural 2017 Market Recap data study revealing the top 10 best metropolitan statistical areas (MSAs) for home sellers, where homes on average sold for very close...

Even with all of the modern tools at their disposal, financial advisors rely on the contact centers of the financial service providers they work with to transact business and resolve complex issues. Unlike the average investor, who will only call in...

VantageScore Solutions, LLC, developer of the VantageScore credit score model, released a new white paper that showcases the benefits of using machine learning to score more people with greater accuracy.The white paper, "Scoring Credit Invisibles:...