News Archive: Economy

Manitoba’s Job Market Shows Net Growth

Growth Gap Between Emerging and Advanced Nations To Remain Wide: Scotia Economics

Canada also faces stiffer headwinds, with the renewed slumps in the United States and Europe dampening non-resource shipments. Some softening in employment conditions and a more subdued housing market will contribute to the lower growth profile, though the buoyancy in resource-producing regions that is being underpinned by continuing large investments will remain an important contributor to growth. [Click on Pic to learn more]

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Manitoba’s Job Market Shows Net Growth

“Canadian Companies Increasingly Look Beyond U.S. – Trade Partners are 30 Per Cent More Diversified than 10 Years Ago” CIBC World Markets Report

“The main catalyst here is the surge in exports to emerging markets and the significant decline in exports to the U.S., which are currently back to the pre-NAFTA levels,” says CIBC Deputy Chief Economist Benjamin Tal. “At this rate, the U.S. share of total exports will fall to 60 per cent by the end of the decade, with emerging markets picking up nearly 90 per cent of the gain.” [Click on Pic to learn more]

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Manitoba’s Job Market Shows Net Growth

More Than a Quarter of Manitoba and Saskatchewan Residents say “Why Have One House When You Can Have Two?”: 2011 TD Canada Trust Repeat Home Buyers Report

Two-thirds (64%) of Manitoba and Saskatchewan residents are moving on to larger or more luxurious homes and many are moving earlier than they originally planned. People in Manitoba and Saskatchewan were among the most likely to say that market conditions played a factor in their decision to buy another home (28% versus 21% nationally). [Click on Pic to learn more]

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Manitoba’s Job Market Shows Net Growth

Manitoba Housing Affordability in the Neutral Zone: RBC Economics

“Modest deterioration in Manitoba’s measures could have contributed to some cooling in home resale activity during the spring. However, major flooding in the province likely caused more significant disruption in certain areas,” said Robert Hogue, senior economist, RBC. Includes Highlights from across Canada. [Click on Pic to learn more]

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Manitoba’s Job Market Shows Net Growth

European and U.S. Fiscal Restraint a Threat to Growth: CIBC

“For the U.S. economy, investors should actually prefer an extension of the debt ceiling without the grand bargain on restraint, if the latter would impose significant cuts to spending or tax hikes in the near term,” says Avery Shenfeld, Chief Economist at CIBC. “America’s biggest challenge isn’t its deficit, but getting growth reignited to the pace at which the economy can tolerate a smaller role for government.” [Click on Pic to learn more]

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