Tag Archives: GDP

Canadian GDP Loses Steam, Slows to Just 0.2%

Canadian GDP Loses Steam

Persistently high interest rates are taking a big bite out of the Canadian economy. In February, Canada’s gross domestic product (GDP) grew just 0.2% on a month-over-month basis. That’s lower than the 0.3% economists were expecting and well below Statistics Canada’s own advanced estimate of 0.4%. On an annual basis, Canadian GDP grew 0.8%, well […]

The TSX: Too High, Too Fast, Too Soon?

The TSX: Too High, Too Fast, Too Soon?

The TSX, Canada’s main stock market index, is made up of some of the largest companies in the country, so it’s natural to expect the performance of the TSX to track Canada’s economic growth. That’s why investors pay close attention to economic gages like gross domestic product (GDP), inflation, employment levels, consumer spending, and the […]

TSX On a Tear, Up 12% Since November. But Is It Justified?

TSX Up 12% Since November

Between January 1 and October 31, 2023, the TSX lost 3.3% of its value. But from November 1, 2023 to January 31, 2024, the TSX has rallied an impressive 12.2%. And the long-term outlook for the TSX remains bullish. But investors may be getting ahead of themselves. Why Is the TSX Doing So Well? On […]

TSX Trends Lower as Canadian Economy Heats Up, Sparking Concerns of a Rate Hike

Toronto Stock Exchange

The Toronto Stock Exchange, Canada’s main stock index, is trading at its lowest level since March, as crude oil prices face headwinds and economic data out of Canada and the U.S. could force the Bank of Canada and Federal Reserve to raise interest rates even higher to cool stubbornly high inflation. The Toronto Stock Exchange’s […]