Blog by Don Kennedy
March 7th, 2016
Canadian
Economic Growth - March 1, 2016
The Canadian economy slowed
substantially
in the fourth quarter as growth was pulled down by renewed pressure on energy
prices. Canadian real GDP, that is economic output adjusted for inflation, was
just 0.8 per cent higher in the fourth quarter following a 2.4 per cent
expansion in the third quarter. Economic growth was led by a 1 p ...
Posted in
General
January 21st, 2016
Bank of Canada Interest Rate Announcement - January 20, 2016The Bank of Canada announced this morning that it is maintaining its overnight rate at 0.5 per cent. In the press release accompanying the decision, the Bank noted that inflation is evolving as expected with total CPI continuing to test the bottom of the Bank's 1-3 per cent target range due to low energy prices. However, the Bank exp ...
Posted in
General
December 19th, 2015
BCREA ECONOMICS NOWConsumer Price Index - December 2015The Consumer Price Index (CPI) rose 1.4 per cent in November compared to the same month last year. While the transportation component, which contains gasoline prices, edged lower, prices were up in seven of the eight major index components. The largest increase came from food prices, which rose 3.4 per cent. The Core CPI, which excludes t ...
Posted in
General
December 7th, 2015
BCREA ECONOMICS NOWBank of Canada Interest Rate Decision - December 2, 2015The Bank of Canada announced this morning that it is maintaining its target for the overnight rate at 0.5 per cent. In the press release accompanying the decision, the Bank noted that inflation is in line with its outlook with total CPI inflation near the bottom of the Bank's 1 to 3 per cent target range while core inf ...
Posted in
General
October 30th, 2015
BCREA ECONOMICS
NOW
Canadian
Monthly GDP Growth (August 2015) - October 30, 2015
The Canadian economy expanded 0.1 per cent in August,
following 0.3 per cent growth in July. Growth in real GDP, as measured at the
industry level, was led by gains in the manufacturing, mining and oil and gas
sectors while retail trade and the finance sector were a drag on
growth.
T ...
Posted in
General
September 16th, 2015
BCREA ECONOMICS
NOW
Canadian
Manufacturing Sales - September 16, 2015
Canadian
manufacturing rose for the third time in as many months, increasing 1.7 per cent
on a monthly basis in July. Sales were led by higher shipments of motor vehicle
parts, which accounted for close to two-thirds of the gain. Overall, sales were
higher in 12 of 21 Canadian manufacturing sub-s ...
Posted in
General
June 18th, 2015
mortgagerateforecast.pdfThink mortgage rates will rise this year? CMHC does not.
Highlights of CMHC mortgage forecast:
Canadian mortgage rates to be relatively constant in 2015
Is Canada at risk of a technical recession?
Bank of Canada holding out hope for good news on the economy
Posted in
General
December 27th, 2013
Mandela: Long Walk to Freedom stars Idris Alba who for most of his twenty some odd year acting career has played supporting roles. No pressure then portraying Nelson Mandela, the worshipped South African hero who went from mud hut to nation builder with a slight detour of 27 harsh years in between as a political prisoner of the Apartheid system. By the way Alba does a stellar job! Maybe not s ...
Posted in
General
December 23rd, 2013
American Hustle feels like a mash up of the casts of
Boardwalk Empire and Silver Lining Playbook plopped into the gaudy dying days
of The Hustle and everything else disco. This is a fictionalization of the
Abscam operation that was set up by the FBI in the late 70’s and early 80’s
when unlike today telephones weren’t so ...
Posted in
General
October 31st, 2013
Escape Plan stars Sylvester Stallone as Ray Breslin, a technical author who along with his business partner Lester Clark (Vincent D'Onofrio) pursues a unique vocation. Abigail (Amy Ryan) shares Ray’s work space (with a hint of sleeping quarters) and Curtis “50 Cent” Jackson as Hush rounds out the office staff. Their business is jail security and to test the soundness of each employer’s facili ...
Posted in
General
