News by subject: ECO

The UK is expected to see a net outflow of 3,200 high-net-worth individuals (HNWIs) in 2023 ? higher than the projected 3,000 net loss for Russia, according to the Henley Private Wealth Migration Report 2023.This will make the UK the third-biggest...

As the U.S. job market adapts to the needs of the future, Gallup and Amazon partnered to create The Careers of the Future Index (CFI), providing transparent and data-driven information on careers with the most potential growth. The CFI combines the...

Social purpose organizations, such as social enterprises, non-profits, charities and co?operatives, are at the forefront of tackling Canada's persistent social and environmental challenges, and they are key contributors to the Canadian economy. Since...

The average price Americans paid for a new vehicle in May remained below...

Competition among buyers over few available houses has made this home shopping season unusually hot, according to the latest...

The Minister of Families, Children and Social Development, Karina Gould, will be in Montréal with CAP Finance to celebrate the launch of the Social Finance Fund, a long-term initiative to advance the growth of the social finance market in Canada, and...

Market research company Euromonitor International's Global Economic Forecast in Q2 2023 has released its Global Risk Index, citing possible stagnation in economic activity combined with high inflation as the main...

3rd edition of the index for 2023 from BritishAmerican Business and Bain & Company examines the strength of the transatlantic trade, business and economic relationshipUS companies' confidence in the UK business environment dropped for a third year in...

The world is facing an unprecedented biodiversity crisis. Canada is no exception. Species essential to the health and well-being of Canadians and to the economy are declining. It is essential to protect them as well as their habitats. Collaboration...

Canada's Minister of Agriculture and Agri-Food, the Honourable Marie-Claude Bibeau, and Minister of International Trade, Export Promotion, Small Business and Economic Development, the Honourable Mary Ng, today released the following joint statement...

Media representatives are advised that the Honourable Steven Guilbeault, Minister of Environment and Climate Change, will make an announcement toward protecting and restoring habitat for species at risk in the Greater Montréal area. Minister...

ASE, Michigan's largest employer association supporting its members with Everything HR, has released the findings of its 2023 ASE Compensation Survey.  The full results were presented at the Michigan Pay & Economic Briefing that took place June 6th...

Grounded in their shared history, Canada and the United Kingdom (U.K.) have a long tradition of strategic and robust commercial partnerships. The two countries have also built a strong collaboration on science, technology and innovation across all...

Media representatives are advised that the Honourable Steven Guilbeault, Minister of Environment and Climate Change, will make an announcement toward protecting and restoring habitat for species at risk in the Greater Montréal area. Minister...

Stock analyst ratings play a significant role in shaping investment decisions. However, a new analysis utilizing the AnaChart database, conflated with insights from academia, reveals an intriguing trend often overlooked by investors. The hold rating,...

It has been a rocky road to economic recovery for the province since the 2015 oil price collapse and throughout the global pandemic. Last year marked a significant milestone as real GDP fully recovered from 2014 levels and the economy moved into...

Canada Economic Development for Quebec Regions (CED) A key driver of the economy, the Canadian tourism industry generated more than $100 billion in annual revenues before being hit hard by the pandemic. Today, the Government of Canada is making sure...

The popularity of ChatGPT spawned an array of startups and kicked off a race by major technology providers to compete for mindshare. Revenues of generative artificial intelligence (AI) technology offerings are forecast to reach $3.7 billion in 2023...

Scotiabank announced today that it is increasing its Canadian dollar prime lending rate to 6.95 per cent from 6.70 per cent, effective June 8, 2023. About ScotiabankScotiabank is a leading bank in the Americas. Guided by our purpose: "for every...

Desjardins Group announces that effective June 8, 2023, the Fédération des caisses Desjardins du Québec CAN prime rate will raise from 6.70% to 6.95%. SOURCE Desjardins Group

CIBC today announced that it is raising its Canadian prime lending rate by 25 basis points from 6.70 per cent to 6.95 per cent, effective Thursday, June 8, 2023....

BMO Bank of Montreal today announced that it is increasing its CDN$ prime lending rate from 6.70 per cent to 6.95 per cent, effective June 8, 2023. About BMO Financial GroupBMO Financial Group is the eighth largest bank in North America by assets,...

TD Canada Trust today announced that it has increased its TD Prime Rate by 25 basis points to 6.95% per cent, effective June 8, 2023. About TD Bank GroupThe Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group ("TD" or...

RBC Royal Bank is increasing its prime rate by 25 basis points to 6.95 per cent from 6.70 per cent, effective June 8, 2023. About...

Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its latest Milliman 100 Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans. Continued fluctuations in discount rate...

The Minister of Families, Children and Social Development, Karina Gould, will be in Montréal with CAP Finance to celebrate the launch of the Social Finance Fund, a long-term initiative to advance the growth of the social finance market in Canada, and...

In a survey of more than 600 C-suite executives by PwC and The Conference Board, most rate their board of directors' overall effectiveness as middle of the road: 56% say their boards are doing a fair job, while only 29% rate it as good or excellent....

After the end of the first quarter of 2023, The North Star Capital Fund LLC ("Fund') reported an outstanding 13.30% APR net return since inception for its Fund Members who have reinvested or "rolled over" all their distributions. The Fund had another...

The Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased in May by 1.2 points to 65.6, as affordability constraints continue to color consumers' perceptions of homebuying and home-selling conditions. Four of the HPSI's six components decreased...

TMF Group, a leading provider of compliance and administrative services, has today launched its tenth edition of Global Business Complexity Index (GBCI). The comprehensive report analyses 78 jurisdictions, which account for 92% of the world's total...

With the release of the UCLA Anderson Forecast's June 2023 report, there is some good news: The U.S. economy is not in a recession ? yet. But the latest forecast comes with a caution....

ATB Financial will be releasing its latest Economic Outlook forecast on June 8, 2023. For a more in depth forecast, ATB introduces high and low scenarios in this edition of the outlook and also includes a special feature on Alberta's demographic...

Global semiconductor equipment billings increased 9% year-over-year to US$26.8 billion in the first quarter of 2023, SEMI announced today in its Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report. Quarter-over-quarter billings...

Small and mid-sized business owners, like most American consumers, are increasingly concerned about economic conditions in the U.S., with two-thirds of them expecting a recession in the next six months, according to new data from Nationwide. Of those...

The office of The Duchess of York, Sarah Ferguson, announced today the appointment of cyber security pioneer, Mr. Daniel Tobok, CEO CYPFER, to lead digital security efforts across global platforms. Sarah, Duchess of York, is a bestselling author,...

Producer sentiment fell to its weakest reading since July 2022, as the Purdue University/CME Group Ag Economy Barometer declined 19 points to a reading of 104 in May. The Index of Future Expectations was down 22 points to a reading of 98 in May,...

Outreach, the leading sales execution platform helping revenue organizations create and close more pipeline, today announced the Outreach Spring '23 Sales Confidence Index. The survey of 500 B2B sales leaders in the U.S. and U.K. at the end of April...

SmarTech Analysis has issued its latest report that analyzes and forecasts metal additive manufacturing service bureau revenues titled, "The Market for Metal Additive Manufacturing Services: 2023-2031". In this new report, SmarTech Analysis has...

Amazon Best Selling Author and respected technology expert, Bob Pellerin "CTOBOB", has released his latest book, "AI Business Strategies: Leveraging Artificial Intelligence as a Competitive Advantage". Bob Pellerin draws on his extensive experience...

The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP ("RSM") in partnership with the U.S. Chamber of Commerce, eased to 131.3 in the second quarter, down modestly from 134.0 in the first quarter on a seasonally adjusted basis. This...

Today, the Committee for Economic Development, the public policy center of The Conference Board (CED), announced Michael Dowling, President and CEO of Northwell Health, as a recipient of its 2023 Distinguished Leadership Awards. An annual tradition,...

Revenues normalized after the pandemic sugar high: As the demand for COVID-19 vaccines and antiviral treatments dropped, revenue leveled out in 2022 and public biotech company revenues were down 1% from the previous year.Steep patent cliff looming:...

The Bank of Canada's announcement on June 7th is not anticipated to provide the major relief that Canadians suffering from high HELOC and mortgage payments due to increased variable interest rates, need or want. As a result, experts at the Credit...

Digital technology can help address the backlog of Canadian housing and infrastructure projects bogged down by unprecedented demand and a chronic shortage of skilled labour, finds new research from KPMG in Canada. A new KPMG in Canada survey of 275...

Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today reported May monthly trading volume statistics across its global business lines....

Discover Puerto Rico, the Island's Destination Marketing Organization, is closing fiscal year 2022-2023 with record numbers in the MICE (meetings, incentives, conferences and exhibitions) sector driven by a strong roster of events hosted in the...

The Conference Board Employment Trends Indextm (ETI) decreased in May to 116.15, down from an upwardly revised 116.79 in April 2023. The Employment Trends Index is a leading composite index for employment. When the Index increases, employment is...

Bank of America Institute released a new analysis today that found net flows of domestic migration (people moving within the United States) continue to follow pandemic trends. BofA internal data, which leads the Census Bureau population data by...

J.P. Morgan Private Bank today released its 2023 Mid-Year Outlook, "The Recession Obsession," sharing ideas critical to navigating investments for the remainder of the year. For the first time, the Private Bank's Mid-Year Outlook pairs anonymized...

Best-selling author and celebrated thought leader Jim Harris has unveiled an insightful new video on the profound impact of disruptive innovation and offers a tantalizing glimpse into the role of artificial intelligence (A.I.) in shaping future...