People in the prairie provinces are less inclined to invest, while people in Quebec are more optimistic
The survey from Edward Jones Canada found that 43 per cent of respondents believe now is a good time, but 40 per cent think it is not, while the remainder are unsure.
Confidence has already begun to rebound on the commercial side. The Canadian Federation of Independent Business’ Monthly Business Barometer scored a 56.4 in the 12-month index, up nearly nine points from April and the highest since May 2023.The savings cushion that Canadians accumulated during the pandemic has largely withered away, as consumer insolvencies return to pre-pandemic levels following two years of steady increases.
The Bank of Canada makes its interest rate announcement at 9:45 a.m. today, followed by a press conference with governor Tiff Macklem at 10:30 a.m. 46% of middle class workers are slashing — or cutting out — contributions to their retirement funds. Here's why -- Cinven’s clients got some unwelcome news last year: the buyout firm’s financing tied to a lab-testing company wasn’t going well. Instead of getting a windfall, clients had to ante up more cash. Most Read from BloombergModi Vows to Retain Power Even as Party Loses India MajorityBlackRock, Citadel Back Texas Stock Exchange in Challenge to NYSEModi’s Magic Is Fading Fast.
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