Scotiabank Market Points

The global economy has slowly started to reopen. As the world attempts an apprehensive return to normal, if there is such a thing, how well positioned are Latin American countries for recovery? And what does a strong Latin America mean for Canada? In this episode of Market Points, Brett House, Vice President and Deputy Chief Economist at Scotiabank, discusses Latam in a global context and explains...

China appears to be at the beginning of a recovery while the world’s largest economy, the United States, is still reeling from the effects of COVID-19. Emerging market economies around the globe rely heavily on the health of these two giants for trade and investment. But which countries are exposed to greater risk due to additional domestic weakness? Which nations could recover ahead of us all? In...

The Q1 numbers on the Canadian economy are in, and the hit we’ve taken has been massive. On April 15th, the Bank of Canada announced a new round of stimulus measures designed to minimize the damage caused by the COVID-19 crisis. By taking a page out of the Fed playbook, the Bank of Canada is reluctant to talk forecasting, citing uncertainty surrounding the situation we find ourselves in. But if we...

If the COVID-19 pandemic is an economic war, fiscal and monetary policy form critical components in the battle plan. A country’s success certainly depends on the size of their war chest, but more importantly, its their willingness to use it. Their speed of deployment, and their ability to coordinate efforts across various levels of government, that will ultimately determine the effectiveness of an...

In what has been one of the strangest quarters in modern history, COVID-19 has brought record volatility and unprecedented uncertainty in the financial markets. Economies around the globe have slammed on the brakes, travel and hospitality industries have virtually disappeared, and oil prices have plummeted. But what does this mean for the Canadian dollar? In this first episode of Market Points, we...