The effects of higher interest rates in slowing global economic activity is beginning to show up in some of the broader financial metrics we monitor to track …
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Oil
Western Canada’s performance boosts Canada’s trade balance
Canada’s trading relationship with customers around the world was good in September. Exports were up and imports were down – factors that saw our trade …
[Read more...] about Western Canada’s performance boosts Canada’s trade balance
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Natural resources turn a corner?
Tracking the impact the resource sector has on the provincial economy is fairly simple. Just look at the amount of money the provincial government takes in from …
![oil-pump-jack-sunset-clouds-silhouette-162568[1]](https://mynewsroom.ca/wp-content/uploads/2019/10/oil-pump-jack-sunset-clouds-silhouette-1625681-300x400.jpeg)
Oil Price Spurring Economic Activity
A year ago, the price of a barrel of Western Select crude oil was $3. Today is north of $50. This is the oil market these days – volatile. And the price …
Readying for Saskboom 2.0?
Several reports over the past few weeks point to a resurgence in commodity prices as the cycle reverses course and begins an extended winning streak. Some …
Economic fallout forecast
The economics branch of RBC Royal Bank is the first of the major chartered banks to take a stab at just how much the economy has been damaged by the …
