That might sound like a contradiction but it is a reflection of how the COVID lockdown and subsequent disruption to labor markets has evolved. It turns out …
[Read more...] about More people are working but average wages are coming down.
Economy
The story is improving but we still have a ways to go.
We’re now in the season where the banks are updating their quarterly forecasts for provincial economies. The latest is from TD Canada Trust and it says …
[Read more...] about The story is improving but we still have a ways to go.
Hospitality Sector Regaining Some Ground
As we hear of restaurants and food service outlets throwing the towel and closing their doors permanently on a regular basis, some new numbers from StatsCan …
[Read more...] about Hospitality Sector Regaining Some Ground
It’s never too early to get started.
In this topsy-turvy COVID environment, we’re exploring a lot of new ground trying to figure out how we should navigate these uncharted waters. And, one …
Consumers in this province caught up to themselves in July.
Retail spending is probably the primary measure or barometer to monitor the mood of consumers and this year has been a roller coaster. When the pandemic …
[Read more...] about Consumers in this province caught up to themselves in July.
US COVID Numbers and Their Impact on our Economy
The economics unit at RBC Royal Bank seems to have turned a new leaf on the type and volume of research it is doing and the output is proving to be both …
[Read more...] about US COVID Numbers and Their Impact on our Economy
