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U.S. economy expands even as wages stay flat: Fed Beige Book


The U.S. economy expanded across most of the country in the past six weeks as the job market showed strength that’s failing to stoke broad wage pressures, a Federal Reserve survey showed. The central bank’s Beige Book economic survey, which is based on reports from late November to early January …

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Canadian auto sales will be flat in 2016 as industrial strength offsets commodity weakness


Canadian vehicle sales will be flat in 2016 as weakness in commodity-producing provinces is offset by strength in the industrial heartland, according to a new report from Scotiabank. Unless economic growth falls below last year’s one-per-cent pace, the bank expects passenger vehicle sales to remain on par with 2015 volumes, …

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