Page 19 - Benjamin Tal News Today

Brian Maddens Top Picks: April 5, 2021 Stocks climb to record after strong economic data Goldman axes short dollar call as U.S. yields spoil bet As meme stock mania fizzles, Wall Street sees ‘big reckoning’ S&P 500 breaks above 4,000 as bull market barrels on Barry Schwartzs Top Picks: April 1, 2021 Miley Cyruss offer shows how stocks are now cool A traditional Wall Street advantage is suddenly being threatened S&P 500 surges past record 4,000 on growth outlook Killing off Libor gets ...

When employment doesn’t mitigate poverty Could it maybe have something to do with Saskatchewan having the lowest minimum wage in the country? According to Statistics Canada data, in January of 2021, Saskatchewan had the lowest unemployment rate of any province at 7.2 per cent. While that is a lovely number, other Statistics Canada data also places Saskatchewan as having one of the highest overall poverty rates in the country and the third highest child poverty rate. This begs the question, wi...

Coronavirus: COVID-19 and the Canadian economy, one year later Mike Drolet © Provided by Global News A hand painted sign about the Canada Emergency Business Account, is seen in front window of Frances Watson, a store on Queen St. West, on April 15 2020. Some businesses were happy to hear about the CEBA, but now find some of the requirements to hard to meet. The true financial impact of COVID-19 will take years, if not decades, to ascertain.  But now, a year after the pandemi...

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer New survey data from Statistics Canada show just how big a hole the pandemic has put in Canada’s private-sector capital investment – a hole that the expected bounce-back in spending this year won’t come close to filling. If ...

MJ_Prototype via Getty Images With little to do in the COVID-19 pandemic, Canada’s households have run up an all-time record high cash pile, about $100 billion more in savings than they otherwise would have had, economists at CIBC say. “The government of Canada is counting on you to ignite a strong recovery by spending that money when it’s safe to do so,” economists Benjamin Tal and Katherine Judge wrote in a report issued Friday. Of course, not everyone has shared equally in this new c...

Low-wage earners hit hardest by pandemic job market Benjamin Blum © Darryl Dyck/The Canadian Press Lower-wage jobs have been disproportionately lost as a result of the COVID-19 pandemic, according to a recent report from CIBC Economics. Employment counsellor David McKay says hes encountered the full suite of emotions from his clients at a Toronto-area employment centre during the pandemic. While some have been optimistic about finding new opportunities, hes predominantly e...

Off the charts: How Canada’s real-estate market defied expectations in the COVID-19 pandemic Home prices have come roaring back, but saving for a down payment takes longer. The East Coast is hot, but condos and rental apartments are not. This is what a COVID-19 housing boom looks like Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been ...

Winnipeg Free Press By: Ross Marowits, The Canadian Press Posted: Save to Read Later TORONTO - “We’re all in this together” has been a common refrain since the arrival of the COVID-19 pandemic last March, but the yawning chasm between dismal economic data and soaring stock market valuations suggests some Canadians are doing much better than others. TORONTO - “We’re all in this together” has...

Ross Marowits February 15, 2021 - 12:07 PM TORONTO - “We’re all in this together” has been a common refrain since the arrival of the COVID-19 pandemic last March, but the yawning chasm between dismal economic data and soaring stock market valuations suggests some Canadians are doing much better than others. A large segment of the population is untouched financially by the crisis or in better shape. The housing market is strong and those able to work re...

Were all in this together has been a common refrain since the arrival of the COVID-19 pandemic last March, but the yawning chasm between dismal economic data and soaring stock market valuations suggests some Canadians are doing much better than others.