TSX ends higher
Inflation report helps boost Canadian dollar
- By: Ian Bickis
- August 17, 2018 June 20, 2019
- 17:30
Inflation report helps boost Canadian dollar
Canadian investment in foreign securities also increased
Rising gasoline prices helped push the consumer price index to its highest reading since 2011
Dow surges nearly 400 points
Ratings and outlooks on systemically important banks unchanged
Commonwealth Bank of Australia’s new debt instrument will be known as bond-i
TSX sheds more than 180 points
Capital ratios have substantially increased since 2016, which protects them from increased mortgage losses
Loonie slips
The voluntary agreement will have a relatively larger effect on RBC
The loonie slipped despite somewhat positive jobs numbers from Statistics Canada
Canada added 82,000 of the less desirable part-time positions in July while losing 28,000 full-time jobs
The recent results give the CPP Fund a real rate of return of 10.4% over five years and 6.4% over 10 years
U.S. markets were mixed on Thursday
There were fewer multiple unit projects after strong numbers in June
The group argues that the proposed rule, as it stands, is too weak in certain respects and too ambiguous in others
The loonie ended down after a report that Saudi Arabia was selling Canadian assets
Although about half of baby boomers plan to downsize, 56% said they consider the neighbourhoods they currently live in to be unaffordable
Report projects global fund industry AUM will rise in the coming years, led by markets in Latin America and Asia
The source of the selloff is unclear, but it comes after Saudi Arabia has responded forcefully to criticism from Canada’s federal government
A new report finds that younger Americans are spending more on groceries, restaurants, coffee, alcohol or marijuana, while 37% are not saving anything toward retirement
New SHARE report reveals that median pay for top executives has grown at a rate that outpaces the modest increases for the average worker