RBC ECONOMICS RESEARCH ? DAILY ECONOMIC UPDATE ? May 24, 2011
Global uncertainty and bumpier near-term growth profile for Canada likely to delay timing of BoC rate hikeCanada's economic news has been mixed in recent weeks although it is still consistent with the economy posting a very strong first-quarter 2011 growth. Data released for March indicated that manufacturing, wholesale trade, and housing market activity were solid although the retail sector suffered a disappointing decline in ...
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Oil price ends its run
Claudia Cattaneo May 5, 2011 ? 6:27 PM ET | Last Updated: May 5, 2011 6:28 PM ET
CALGARY ? Oil?s big surge has come to an end, as weak economic data and waning concern that Middle East unrest justifies a large risk premium shaved US$9.44 off prices Thursday, sending oil below US$100 a barrel in New York in the biggest fall in two years.
Canadian stocks were swept up in the carnage. Energy producers, which had benefited from Middle East woes as investors rushed into ...
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If you?ve been feeling like a million bucks lately, you might be onto something: Turns out Canada has a higher proportion of millionaire households than any other G7 country.
Eric Lam May 6, 2011 ? 6:30 PM ET | Last Updated: May 6, 2011 7:16 PM ET
The surprising top-rank is based on a Financial Post analysis of a recent report from the Deloitte Center for Financial Services. Using data from Deloitte, the Post compared the number of households with total assets of at least US$1-million with ...
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News Release 11-121Western Canadian Cities To Lead Economic Growth In 2011
Ottawa, May 5, 2011 ? Four cities located in Saskatchewan and Alberta will occupy the top four spots in the economic growth leader board, according to the Spring 2011 edition of The Conference Board of Canada?s Metropolitan Outlook.
?Buoyed by the resources and energy sectors, the economies of Saskatoon, Calgary, Regina and Edmonton will post noticeably stronger growth than the other cities covered in this report,? ...
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Edmonton, Alberta residential real estate market update - April 2011
Rising inventory means pricing sensitivity & better selection for buyers
We should have higher sales volume in April than we did in March. Historically, sales volume grows steadily from January through June, then levels off and starts to fall in September consistently through year end. With the sales to listings ratio dropping in April, our prediction for an early surging spring market in 2011 is seeming to come true. With ...
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