Subsidizing childcare, promoting business spending will aid in recovery: report
Scotia report proposes fiscal policy strategy to rebuilding economy
- By: James Langton
- September 14, 2020 September 15, 2020
- 15:32
Scotia report proposes fiscal policy strategy to rebuilding economy
Five global standard-setting organizations have joined forces to enhance data for investors
Retirees will need more savings, higher returns to fund their needs
Lower-income households tend to have a higher debt levels
Used car prices surged by the largest amount in 51 years
As deferral programs end, delinquent mortgages could increase
Bank economists offer their base-case scenarios
Global market recovery boosted Canada's net international investment position
The economy's recovery is highly uncertain, the bank's president says
Cooler activity is expected toward year-end
Historically, epidemics have changed capital-to-labour ratios, raised real wages and spurred economic growth
Home sales surge as new listings spiked in urban centres
Insurance trade group paper calls for concerted action to address rising climate risks
Employers added 1.4 million jobs, down from 1.7 million in July
Gains were largely concentrated in full-time work
Still, the bank's economic forecasts have improved compared with earlier this year
Non-mortgage debt was down as a result of the economic shutdown, Equifax says
Year-to-date sales have not caught up to this time in 2019, after sales plunged during the spring lockdown
Greater inflation tolerance is expected
August inflows were split evenly between equities and fixed income
Economic activity remains well below levels seen before the pandemic, the Federal Reserve says
Germany to issue green bonds twinned with traditional bonds