Investcom Mobile

Economic Reports Disclaimer

Weekly Commentary
Mexico: Steady Through Uncertainty - Oct 20, 2016
By Peter G. Hall, Vice-President and Chief Economist, Export Development Canada
'Resilient' has been a good word for the Mexican economy in recent years. An on-again, off-again world economy usually has a magnified effect on Mexico. Not this time; through the global bump-and-grind, Mexico has chugged along at a decent pace, plugging away at an aggressive reform agenda and all the while attracting impressive dollops of investment. In a generally reticent world, that is saying something. But is Mexico's smoother ride about to get a lot more bumpy?
The question is a serious one. Fiscal finances are dependent on oil revenues, and world oil prices have been more than cut in half over the past three years. Pemex, the national oil company, is also dependent on these revenues, and is slashing its spending plans. In addition, the peso is getting hit not just by weaker commodity prices, but by the anti-Mexico rhetoric in the US election campaign. The President is sagging in the polls, with his popularity ...     More >>

Daily Update (Source: RBC Financial Group)
Bank of Canada and Government of Canada renew 2% inflation target agreement
Oct 24, 2016
- No change to the inflation target: the Bank will continue to target the 2% midpoint of the 1-3% inflation control range as measured by the 12-month percent change in total CPI.
- The Bank is moving away from CPIX (which excludes eight volatile components as well as indirect taxes) as an "operational guide" and will instead look that three alternative measures (trimmed, median and common component) to gauge the underlying trend of inflation.
In renewing the inflation-control agreement, the Bank of Canada focused on three main issues: (i) the level of the inflation target; (ii) whether financial stability should be considered in setting monetary policy; and (iii) the measurement and use of core inflation. For the level of the inflation target, the Bank looked at the costs and benefits of raising the 2% inflation target that ....     More >>

Economic Research

Real Time Economic Calendar provided by


Red Dot

Toronto    |     Venture Exchange    |     NEX Board    |     Montreal Exchange    |     CSE    |     US Markets
Market Activity    |     Market Diaries    |     New Highs/Lows
ETFs    |     Income Trusts    |     Forex    |     IPO    |     Brokerage
Market News    |     Feature Companies    |     Mining Sector    |     Economic Reports
Industry Links    |     What's New    |     Contact Us    |     Link to us    |     Home

Disclaimer | Privacy Policy Statement
Copyright © 1997 - 2016
All rights reserved. No part of this database may be reproduced, distributed, or utilized in any form or by any means, electronic or mechanical, without written permission from the owner.