S. mortgage rates have also been up and down. The Weekly Economic Watch offers a commentary on developments in the economic environment as depicted by economic indicators released during the week and on indicators to be published in the upcoming week. Our plan keeps building a cleaner stronger future with new infrastructure, essential services, and supports for local governments. mean more jobs for British Columbians. h��Ymo�8�+�����z��a@ڬ[{K�kr�0���k�K��qqۿ?�~��8i��v�!s-QII|(�ְ� kYh�������R� 0��$44p;� h�bbd```b``^ "��H&%��fۀeA$�(X� X��� ��H��`�L2��x���`���d���N����A�Y v�-�����)�2D�?�!��B!kx��"'�ɿ²L0uI,� ��� Below is the executive summary of that report. Taxes aren’t one of them. endstream endobj 130 0 obj <>/Metadata 27 0 R/Pages 127 0 R/StructTreeRoot 39 0 R/Type/Catalog/ViewerPreferences<>>> endobj 131 0 obj <>/Font<>/ProcSet[/PDF/Text]/Properties<>/XObject<>>>/Rotate 0/StructParents 4/TrimBox[0.0 0.0 612.0 792.0]/Type/Page>> endobj 132 0 obj <>stream TD Economics recently published its second quarter Provincial Economic Forecast. %PDF-1.5 %���� The upside of consumer spending is at 2%, with strong employment growth, wages at a roughly 4% year-over-year growth, the housing market recovering and yields staying at current levels. While investor confidence has been riding a high and markets are expecting growth to rise, it’s not quite clear. The Labour Force Survey for May highlighted the tough slog ahead in provincial job markets. This field is for validation purposes and should be left unchanged. endstream endobj startxref French Print Version. With provincial economic data for May flowing in, we are just now getting a true sense of the extent of economic declines suffered from coast to coast in the second quarter. By giving us a path to gradually return to some level of normality, the province has provided necessary guidance in an uncertain time. The next element is a carousel with slider functionality that uses a previous and next button to reveal a series of quotes regarding expert opinions on how B.C. Meanwhile, Ontario will likely underperform, partly given its go-slow approach to re-opening. These are based on certain assumptions and other factors, and are subject to inherent risks and uncertainties. Our plan delivers extra support — like small business grants and tax credits — to help businesses reopen, hire more people, adapt, and grow. Source: Statistics Canada, TD Economics. has managed the COVID-19 crisis. Weekly Economic Watch. GDP growth in Canada in 2019 was pretty uneven, seeing a large spike in the second quarter and a softer fourth quarter, given the rail strike and other disruptions, which means less momentum coming in to 2020. You can unsubscribe at any time.
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