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The Week Ahead
Fri., November 20

Focus
Mon., November 23

Cdn. Retail Sales

U.S. Existing Home Sales
Tue., November 24

U.S. Real GDP

U.S. Corporate Profits

U.S. Conference Board Consumer Confidence Index
Wed., November 25

U.S. Durable Goods Orders

U.S. Personal Income & Consumption

U.S. New Home Sales
Thu., November 26

Thanksgiving Day (markets closed)
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WHAT'S NEW
Friday, November 20
Friday, November 20
Focus

November 20, 2009 [PDF]
Updated Forecasts

Cdn. Economic Outlook [PDF]

U.S. Economic Outlook [PDF]

Provincial Economic Outlook [PDF]
Thursday, November 19
Provincial Update

Saskatchewan Mid-Year Update: Potash Plunge Continues [PDF]
ECONOFACTS
Nov. 18 '09
CPI Gassed Up and Driven Faster: U.S. consumer prices rose 0.3% in October, pumped by energy prices (e.g., gasoline +1.6%), driven also by vehicle prices... more [PDF]
CPI: Back In Black: Canadian consumer prices were down 0.1% (n.s.a) in October, but still lifted the headline inflation rate into positive territory... more [PDF]
Nov. 17 '09
Industrial Production, Meet Reality: U.S. industrial production rose a less-than-expected 0.1% in October following a downwardly-revised 0.6% gain in September... more [PDF]
BOTTOM LINE
Nov. 13 '09
Let’s Cut a Deal: The falling U.S. dollar is grabbing enough attention these days that the Chinese authorities are signalling they will consider allowing their currency to edge upward once again... more [PDF]
SPECIAL FEATURE
Nov. 2 '09
Provincial Economic Momentum Index: Some Provinces Turning the Corner: All provinces continue to see economic activity well below trend levels... more [PDF]
Oct. 26 '09
Ontario & Quebec Trade Agreement: What’s the Deal?: The Ontario-Quebec Trade and Cooperation Agreement (OQTCA) took effect on October 1, 2009, and is designed to liberalize trade and help create a common economic space between the two provinces... more [PDF]
RATES SCENARIO
Nov. 5 '09
Rates Scenario for November 2009: The strong loonie and below-target inflation should enable the Bank of Canada to reaffirm its commitment to keeping policy rates unchanged until June 2010 at the December meeting... more [PDF]
Rates Scenario: Long-Term Forecast for August 2009: This month’s Rates Scenario focuses on the long-range forecast, highlighting the themes that should influence interest rates and foreign exchange rates through 2014.... more [PDF]
FOCUS
Nov. 20 '09
Canadian and U.S. Core Inflation Accelerate But Still Not a Concern
Canadian Home Sales Humming; September Data Solid
BoC Governor Carney and President Obama Urge China to Revalue Yuan
U.S. Retail Sales Rise
Bank of Japan on Hold
more [PDF]
PROVINCIAL UPDATE
Nov. 19 '09
Saskatchewan Mid-Year Update: Potash Plunge Continues: The Province of Saskatchewan revised down its FY2009/10 revenue estimate for the second time this year amid lower-than-expected potash production... more [PDF]
BUDGETS
Sep. 24 '09
Nova Scotia: A Darker Shade of Red: The newly-elected NDP government is projecting a $592 mln budget deficit for Nova Scotia in FY2009/10... more [PDF]
GLOBAL EQUITY WEEKLY
Nov. 13 '09
Onwards and Upwards: Equity markets rose again this week, fuelled early on by word that the G-20 leaders will keep the stimulus taps open... more [PDF]
THE GOODS
Nov. 13 '09
Commodities Get a Boost in October: The BMO Capital Markets Commodity Price Index rose 7.7% to 155.7 (2003 = 100) in October, with all four sub-components of the index advancing... more [PDF]
NORTH AMERICAN OUTLOOK
Oct. 6 '09
The Hockey-Stick Recovery:
The Great Recession is over and a fragile recovery has begun
U.S. deleveraging will hold back the expansion
Aggressive fiscal and monetary policies will stay in place for some time
Inflation and interest rates to stay low well into 2010
Firmer commodity prices should lift the Canadian dollar above parity against a softer greenback
more [PDF]
PROVINCIAL MONITOR
Summer 2009
Mapping the Recovery: The current recession has had a significant and widespread impact on the economies of all Canadian provinces... more [PDF]
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