The Real Economy, Canada: Summer 2021
THE REAL ECONOMY |
The RSM Financial Conditions Index (a composite of stress factors in Canada’s equity, bond, commodity and money markets), continues to point to economic recovery as the pandemic abates with the broader North American economy on the verge of a great expansion.
Also in this issue: North American housing markets remain bullish, electric vehicles represent a significant change in the way Canada manufactures vehicles, and how Vancouver and Toronto have defied the pandemic and trade wars.
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Key takeaways from The Real Economy, Canada: Summer 2021
- President Biden’s new U.S. industrial policy points to deepening trade frictions between Canada and the U.S., while stagnant business investment poses problems for long-term economic development.
- Total business investment remains over 14 per cent below pre-COVID levels, which could signal trouble for Canada’s long-term economic development.
- Digital transformation has significant benefits for not-for-profits, particularly those seeking to grow the size and level of engagement of their donor base.
IN THIS ISSUE
Ever since Joe Biden won the U.S. presidential race in January, Canadian officials hope for easing trade tensions with the United States.
The Bank of Canada reiterated its intention to maintain an accommodative monetary policy as the economy recovers.
Housing markets in the United States and Canada have seen significant growth over the past year, a rise in demand for single-family housing.
As the coronavirus has upended the daily lives of Canadians, a certain accepted wisdom has emerged about where and how people live.
Automotive brands have unleashed a flood of announcements over the last nine months about their intentions to become fully EV manufacturers.
Data management and digital transformation may not immediately appear relevant as a strategy for not-for-profit organizations (NPOs).