Parsing U.S. Q4 GDP; Rate Hikes Unlikely for CanadaPrajakta BhideChristian MenegattiTetiana Sears
half of the year. The Canadian economy is expected to grow in the second half of 2024 at an annual rate of about 1% to 2%, driven in part by the start of operation of the Trans Mountain pipeline and interest rate cuts. Overall GDP growth in 2024 is expected to be slightly above 1%....
you mentioned in your prepared remarks that you expect the demand environment in 2023 to remain strong. In the press release, you mentioned that you’re assuming, I think, it’s a moderate GDP growth in 2023. So, am I correct in assuming that the underlying assumption...
, GDP contracted 2.2%2 in the first calendar quarter of 2020 as the initial containment measures were implemented later than other regions, followed by a decline of 20.4%2 in the second calendar quarter. Throughout the second calendar quarter of 2020, the European Central Bank (ECB) continued...
Furthermore, Canada’s quarterly GDP came in below expectations, signalling a slow-down in the broader economy. For developers of presale projects, these conditions have created a difficult environment to operate under. Developers today are facing the pressure of flatlining revenues, 20-year highs ...
During its crazed QE starting in March 2020 through March 2021, it piled on an additional C$455 billion in assets. It has now shed 46% of these pandemic QE assets. Nearly half! Largest holdings and percent change from peak: Government of Canada (GoC) ...
(54 percent) of foreign investment into the manufacturing sector comes from European investors. Canada’s total stock of FDI has grown significantly since the 2000s and is now equivalent to 47 percent of its GDP, of which 15 percent is directly accounted for by foreign multina...
its best level since last June. January's monthly GDP surprised on the upside (0.3% vs. the median forecast in Bloomberg's survey for 0.1%). The UK reports February GDP figures and details on April 13. Recall that in February 2022, the British economy contracted by 0.1% and stagnated fo...
Canada GDP growth slows to 0.1% in Q4TORONTO (ICIS)--Growth in Canada's real gross domestic product (GDP) slowed to 0.1% quarter on quarter in the 2018 fourth quarter, according to data released by federal agency Statistics Canada on Friday.Stefan Baumgarten...