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Weekly Commentary
Risk Issues You Might Have Missed... - Dec 8, 2016
By Peter G. Hall, Vice-President and Chief Economist, Export Development Canada
Concerned about the news coming out of the UK and the US? Worried that the world seems to have turned on its head? So are we. A period of uncertainty appears to have come in like a fog around us with talk of renewed political risk in developed markets, increasingly unpredictable events, and a rise in populism and protectionism. Recent articles have delved into these headline events but at the same time, other key developments are going almost unnoticed. Here we present other notable country developments included in our newly-released Winter 2016 Country Risk Quarterly (CRQ), focusing not only on the country issues themselves, but also on governments' responses to events.
Positive news from Asia: while the region has had its shares of ups and downs, Vietnam has been on a steady path upwards over the past few years due to its relatively stable policies, focus on institutional reforms, and increasingly ...     More >>

Daily Update (Source: RBC Financial Group)
Canadian housing starts dipped to a three-month low in November
Dec 8, 2016
- Housing starts fell to an annualized 184k annualized units in November, short of market expectations for little change relative to October's 192k pace.
November's reading marks a second consecutive monthly decline following September's unexpectedly strong increase. The latest dip was concentrated in urban multiples, which fell 7.7% to their lowest level since January. Single detached starts were little changed and remained slightly above their year-to-date pace. Much of the decline in starts was in Ontario, with a 31% drop bringing starts to a year-to-date low for the province. Nonetheless, annual homebuilding in Ontario remains on course to solidly outpace 2015 activity. British Columbia provided significant offset ....     More >>

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