As of Dec. 16, Zone 3 had seen a total of 2,391 coronavirus infections since the pandemic began, 521 of which were still considered to be active. Meanwhile, a rate of 109 cases over the last seven days, per 100,000 population as of Dec. In Manitoba, as of Dec. What’s more, 25 people remained hospitalized […]
Royal LePage also anticipates the median price of a single-family detached home in Canada to climb by 11 per cent to $918,000 in 2022, while condominium prices are projected to grow by eight per cent to $594,000. The biggest increases are expected in the Toronto and Vancouver areas, with the aggregate price of homes rising […]
The virus remains a global concern, with European Commission President Ursula von der Leyen saying Omicron will likely be the dominant coronavirus variant in the 27-nation bloc by mid-January. The futures for the Dow industrials and the S&P 500 were up 0.1%, while the yield on the 10-year Treasury was steady at 1.44%. “COVID-19 remained […]
“I’m still a believer that although domestic and micro factors obviously have an effect on our market, we’re fairly beholden to global factors that are at play. …Read the full story
“I’m still a believer that although domestic and micro factors obviously have an effect on our market, we’re fairly beholden to global factors that are at play. …Read the full story
The Bank of Canada’s key policy rate since the start of the pandemic has been at 0.25 per cent, lowered there to prod spending during the COVID-19 induced downturn and subsequent rebound. Changes in the Bank of Canada’s target for the overnight rate influence the prime rates at the country’s big banks that are used […]
In New York, the Dow Jones industrial average was down six tenths of a point at 35,754.69. “Over the last week-and-a-half a lot of volatility with big up days and big down days. “The more we hear about New Zealand, Denmark, U.K. …Read the full story
Anthony Fauci, said Monday early signs suggest it might be less dangerous than the earlier delta variant. crude lost 11 cents to US$72.23 per barrel in electronic trading on the New York Mercantile Exchange. …Read the full story
Economists are forecasting a rebound for the world’s third largest economy in the current quarter, thanks to recovering activity after coronavirus caseloads plummeted. Comments Monday from Dr. Beyond any lingering uncertainty over omicron, Wall Street is looking ahead to next week, when the Federal Reserve is scheduled to hold a two-day meeting of policymakers that […]
Comments Monday from Dr. Beyond any lingering uncertainty over Omicron, Wall Street is looking ahead to next week, when the Federal Reserve is scheduled to hold a two-day meeting of policymakers that could offer an update on the central bank’s plans to tackle inflation. …Read the full story
crude rose $1.58 to $71.07 per barrel in electronic trading on the New York Mercantile Exchange. …Read the full story
The national average home price in Canada was $686,650 in September, up 13.9 per cent the same month last year, according to the Canadian Real Estate Association. So that again, is market factors including slow approvals – there’s a lack of coordination among municipal, provincial and federal governments and it’s hard for people to build […]
Sale prices are projected to go up by 9.2 per cent on average across the country next year, the real-estate company estimates. In Western Canada, Calgary and Edmonton became seller’s markets this year, a trend that’s expected to continue into 2022. Brokers in Ontario anticipate steady market activity and price growth in 2022, at least […]
The benchmark index sank 2.3% Friday for its worst loss since February, only to rise 1.3% Monday as investors reconsidered whether the reaction was overdone, before giving way to Tuesday’s loss. If Omicron does ultimately do heavy damage to the global economy, it could put the Federal Reserve in a difficult spot. Powell acknowledged in […]
shares were set for a bleak open, with the future contract for the Dow industrials down 1.2% at 34,675.00. Japan’s benchmark Nikkei 225 closed 1.6% lower at 27,821.76, as pessimism over the Omicron variant set in. Some analysts think a serious economic downturn, like what happened last year, likely will be averted because many people […]
Japan’s benchmark Nikkei 225 lost earlier gains and dropped 1.6% to 27,821.76, as pessimism over the Omicron variant set in. Some analysts think a serious economic downturn, like what happened last year, likely will be averted because many people have been vaccinated. The vaccination rollout rate varies by country in the region, at about 77% […]
