The Bank of Canada maintained its target overnight rate at its effective lower bound of 0.25%. The Bank is maintaining its extraordinary forward guidance on...
The surprising weakness in the Q2 Canadian economy reflected weaker home sales and exports. Housing dampened economy in Q2 This morning’s Statistics Canada release showed...
Annual inflation hits 3.7% in Canada—a new election issue. This morning’s Statistics Canada release showed that the July CPI surged to a 3.7% year-over-year pace,...
Existing home sales fell 3.5% on a month-over-month basis in July, marking the smallest of the four consecutive declines since March. Today the Canadian Real...
The Bank of Canada maintained its target overnight rate at its effective lower bound of 0.25%. It tapered its quantitative easing bond-buying program for the...
This morning, Statistics Canada released the June 2021 Labour Force Survey showing employment rose 230,700 (1.2%) in June, rebounding from a cumulative decline over the...
Bank of Canada holds rates and QE steady—asserting that both the upside in inflation and the downside in GDP is temporary The Bank of Canada...
Housing drove economic expansion in Q1 This morning’s Statistics Canada release showed that the economy grew at a 5.6% annualized rate in the first quarter,...
Canada’s jobs recovery derailed by third-wave restrictions This morning, Statistics Canada released the May 2021 Labour Force Survey showing another contraction in employment, albeit not...
Weak April Jobs Report Reflects Canadian Lockdown Canada’s jobs recovery impaired by third-wave virus restrictions This morning, Statistics Canada released the April 2021 Labour Force...
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