Canada Economic Podcast – November 2021
Tony Stillo, Director of Economics for Canada, and fellow Economist, Michael Davenport discuss the state of Canada’s labour market recovery. In their conversation they emphasize that while Canada has now surpassed its pre-virus level of employment, a closer look at the labour market and broader measures suggest some slack remains and there’s still room before the recovery is complete. Additionally, they discuss growing reports of labour shortages in some sectors.
Will Asia construction survive rising construction costs?
The construction sector has seen a surge in activity following the gradual fading in Covid restrictions across different countries. However, the Russia-Ukraine conflict and continued lockdowns in China have further exacerbated supply chain constraints and increasing construction costs. In this webinar we will discuss the outlook for construction activity in Asia including the risks and implications of increasing construction costs.Find Out More
Frontier market turmoil: Argentina’s value, Sri Lanka’s crisis, Egyptian FX worries
Frontier markets will continue to be volatile in the near term, but bond valuations are attractive with plenty of arbitrage opportunities. We see value in Argentine bonds, as the country should benefit from higher commodity prices and liquidity risks are contained; we focus on the light at the end of Sri Lanka’s tunnel, with markets failing to price in the possibility of a successful IMF program; and also our concerns that further depreciation may be consistent with Egyptian stabilisation efforts.Find Out More