economic outlook – Benefits Canada.com

Bank of Canada to update economic outlook with first rate announcement of 2021

mschmit — Wed, 20 Jan 2021 06:44:45 +0000

Canada’s central bank will update its economic forecast for the country Wednesday when it announces its interest-rate decision, offering a glimpse into its outlook for COVID-19 recovery. The Bank of Canada said in October the country had been spared from a worst-case economic scenario, but it still didn’t see a recovery taking hold until at […]

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IMF downgrades outlook for global economy in face of virus

mschmit — Wed, 24 Jun 2020 05:49:18 +0000

The International Monetary Fund has sharply lowered its forecast for global growth this year because it envisions far more severe economic damage from the coronavirus than it did just two months ago. The IMF predicts that the global economy will shrink 4.9 per cent this year, significantly worse than the three per cent drop it […]

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Are the days of monetary policy coming to an end?

mschmit — Thu, 09 Jan 2020 05:52:52 +0000

The days of monetary policy as the most effective tool for stimulating the economy are over, as central banks around the world are increasingly limited in the measures they can implement, according to AllianceBernstein’s chief global economist. “The ability for central banks to do more is constrained, particularly in . . . Europe and Japan,” […]

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Climate change, aging population major economic factors in forecast for 2020s

mschmit — Mon, 06 Jan 2020 05:08:30 +0000

A new economic report says the next decade in Canada will increasingly be shaped by the twin forces of climate change and demographic disruption from an aging population. “By 2030, Canada’s economy could look significantly different,” says the RBC report released Monday, dubbed Navigating the 2020s. “A country whose economic identity has long been bound […]

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The case for optimism in world economic outlook

mschmit — Tue, 23 Jan 2018 07:12:01 +0000

IMF projects strong global growth despite key risks to watch.

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Watch for Differentiation Among Regions and Countries

mschmit — Wed, 02 Jun 2010 06:13:56 +0000

Possible investment opportunities to scope out in 2010.

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