RSM professionals look at some of the latest news in the energy industry. … READ MORE >
Canada
Bank of Canada announces smaller-than-expected 50-basis-point hike
Reasons for increasing interest rates are plentiful amid strong core inflation, high inflation expectations, a tight labor market, and excess demand in the economy. … READ MORE >
Concerns over Canada’s housing market weigh on real estate investors
The growing uncertainty facing Canada’s housing market was the focus of the 6th Annual Real Estate Canada Forum held on Oct. 6 in Toronto. The closed-door forum brought together real estate investors amid concerns over continued interest rate hikes and the resulting market cool-down. A key takeaway was that Canada’s … … READ MORE >
Canada’s inflation refuses to cool
Canada’s CPI rose by 6.9% on a year-over-year basis, slightly down from 7% in August, continuing a three-month streak of decline. … READ MORE >
Canada positioned to thrive in EV landscape—and other takeaways from EV/VE 2022
When it comes to further embracing electric mobility, Canada has significant competitive advantages and immense market opportunities. … READ MORE >
Canada’s job market shows little sign of slowing
Canada’s economy in September reversed the slowing labour market of the summer, adding 21,100 jobs while unemployment fell to 5.2%, according to government data released Friday. … READ MORE >
Canada’s supply chain healthy as demand slows
The RSM Canada Supply Chain Index reached 2.31 in August, one of the highest readings since 2000, thanks to improvements across delivery time, prices, and inventory levels, signaling sufficient health of the supply chain. … READ MORE >
Canada’s inflation declines amid cooling gas prices
Inflation declined by 0.3% in August for the second monthly decline in a row thanks to cooling gasoline and energy prices, … READ MORE >
Canada housing starts fall amid rising rates
Canada’s housing starts fell to 267,443 in August, a 3% drop from July, continuing the decline in the housing sector because of rising interest rates. … READ MORE >
Canada’s jobless rate rises off its record low
Canada lost 40,000 jobs in August, bringing the unemployment rate up to 5.4% from its record low in July as construction and education led the declines. … READ MORE >