It turns out we still like heading out for a beer. One of the key metric in assessing consumer confidence or to the test the mood of the average citizen is discretionary spending. And nowhere is that easier to test than in the local restaurant or …
Economy
Consumer spending remains flat
If you’re an investor who wants to track which way an economy is headed, there are a few categories or segments that you’ll want to watch. A few of the key ones are business investment, exports, labour markets, housing and consumer spending. That …
Canada close to recession
The Canadian economy is skating on the edge of a recession. We haven’t hit it yet, but it is about as close as you get without being in one. There have been more than a few forecasts suggesting Canada is currently in a recession. Technically, …
Interest rates on hold
When the Bank of Canada issued its decision this week to stand pat on interest rates, it was largely what everyone expected. The Canadian economy is having a poor first half, but no need to lower rates as they feel things will improve in the second …
Sask’s underlying strength
While most of the economic headlines in Saskatchewan tend to focus on commodity prices or the state of the housing market – two areas that have been struggling - one part of the market that quietly offers significant support to the community is the …
Economy trending upward
As the various private sector forecasts for Saskatchewan’s economic outlook start to flow, we are seeing something of a consensus on just how fast the economy will grow this year. The latest to add their voice to the chorus is BMO Bank of …
Salute to Sask construction
This is Construction Week in Saskatchewan, an initiative designed to draw attention to the contribution this sector makes to the overall economy. Creating and then maintaining the built environment has always played an important role in the …
Canadians shying away from investment
If there’s anything Canadians are not especially good at it’s investing. We tend to be a little shy on this one, often preferring government to take the risk in ventures. A good case in point is the debate over the provincial bus company where many …
Premier Moe looking to improve interprovincial trade
Have you ever wondered why it seems things are cheaper in the U.S., than in Canada? One answer to that question may lie in the talks between Saskatchewan Premier Scott Moe and his Ontario counterpart. …
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Canadians love to spend
We Canadians have done a pretty good job of racking up debt – especially consumer debt – and it has caught the eye of the international financial community. …