Tag: GDP

Gross domestic product (GDP) is a broad measure of a nation’s overall economic activity, being the monetary value of all finished goods and services produced by that nation in a specific time frame.

Recession is Nowhere in Sight

Themoneynarrative is pleased to present, for educational purposes, an article written by RBC Dominion Securities Vice-President and Portfolio Manager Nick Scholte. Not only do we find the article extremely informative, but we are pleased to highlight the work of an individual who represents excellence within the investment advisor community. We wrote about investors maximizing the value they obtain from their investment advisor relationship in themoneynarrative investor strategy commentary #3.

Continue reading “Recession is Nowhere in Sight” →

Bank of Canada lowers interest rate

Mirroring developments in the U.S. stemming from the impact of the coronavirus on the economy, the Bank of Canada today (March 4, 2020) lowered the Bank Rate by one half of one percent to 1 ¼ percent.  Here is the full text of today’s press release: Continue reading “Bank of Canada lowers interest rate” →

Bank of Canada holding its (watchful) course

Here is the text of the Bank of Canada’s press release (“Bank of Canada maintains overnight rate target at 1 ¾ percent”) issued today (January 22, 2020), which provides useful insight into current and projected economic factors. Continue reading “Bank of Canada holding its (watchful) course” →

Looking ahead in the commodities space #2

Investors tend to think of Canada’s economy as being resource driven, and it is … well, sort of.  In Statistics Canada’s latest report, released on May 3, 2019, the digital economy, including e-commerce, digital delivery of products to consumers, and telecommunications, is the fastest growing sector in Canada. Continue reading “Looking ahead in the commodities space #2” →