CIBC – Benefits Canada.com https://uat-cumulus.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 16 Jan 2025 20:41:36 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Bank of Canada warns of uneven recovery despite better than expected bounce back https://uat-cumulus.benefitscanada.com/canadian-investment-review/research-markets/bank-of-canada-warns-of-uneven-recovery-despite-better-than-expected-bounce-back/ Wed, 09 Sep 2020 08:42:54 +0000 https://cumulus.benefitscanada.com/uncategorized/bank-of-canada-warns-of-uneven-recovery-despite-better-than-expected-bounce-back/ The Bank of Canada sought Wednesday to temper economic excitement about a sharper-than-expected rebound from the depths of the coronavirus crisis, pointing to worrying trends that signal all is still not well. In a statement, the central bank’s governing council said the bounce-back activity in the third quarter looks to be faster than it anticipated […]

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]]> Economists agree we’re in a recession, but there’s little consensus on why https://uat-cumulus.benefitscanada.com/canadian-investment-review/research-markets/economists-agree-were-in-a-recession-but-theres-little-consensus-on-why/ Mon, 31 Aug 2020 04:50:21 +0000 https://cumulus.benefitscanada.com/uncategorized/economists-agree-were-in-a-recession-but-theres-little-consensus-on-why/ Economists say there is no doubt that Canada is experiencing a recession, but the exact criteria determining one is underway can be fraught with confusion. Broadly speaking, a recession is a period of business contraction where economic activity declines. But what exactly constitutes a decline, and over what time period, is the subject of much […]

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]]> Canadian economy posted record drop in second quarter due to pandemic https://uat-cumulus.benefitscanada.com/canadian-investment-review/research-markets/canadian-economy-posted-record-drop-in-second-quarter-due-to-pandemic/ Mon, 31 Aug 2020 04:13:04 +0000 https://cumulus.benefitscanada.com/uncategorized/canadian-economy-posted-record-drop-in-second-quarter-due-to-pandemic/ The Canadian economy suffered its worst three-month stretch on record in the second quarter as the economy came to a near halt in April before starting to recover in May and June. Statistics Canada said Friday real gross domestic product contracted at an annualized rate of 38.7 per cent for the quarter, the worst posting […]

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]]> Statistics Canada says first quarter GDP worst showing since 2009 https://uat-cumulus.benefitscanada.com/canadian-investment-review/cir-news/statistics-canada-says-first-quarter-gdp-worst-showing-since-2009/ Mon, 01 Jun 2020 04:48:59 +0000 https://cumulus.benefitscanada.com/uncategorized/statistics-canada-says-first-quarter-gdp-worst-showing-since-2009/ Canada’s economy had its worst quarterly showing since 2009 through the first three months of 2020 owing to the novel coronavirus, Statistics Canada said Friday, warning an even steeper drop may be coming. Gross domestic product fell at an annualized rate of 8.2 per cent in the first quarter, including a 7.2-per-cent drop in March […]

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]]> Expand CPP: CIBC Chief https://uat-cumulus.benefitscanada.com/canadian-investment-review/cir-news/expand-cpp-cibc-chief/ Thu, 21 Feb 2013 08:50:20 +0000 https://cumulus.benefitscanada.com/uncategorized/expand-cpp-cibc-chief/ McCaughey surprises with comments about Canada's retirement challenges.

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