Inflation News

Inflation News

Canadian Inflation Rose to 3.2% in May as Core Inflation Remained SubduedHigher gasoline prices pushed Canadian inflation to a more than two-year high, while underlying inflation pressures showed little sign of accelerating, with core measures broadly unchanged and...
Bank of Canada Update

Bank of Canada Update

Today, the Bank of Canada once again held the policy rate at 2.25%. This is the bottom of the Bank’s estimate of the neutral overnight rate, where monetary policy is neither expansionary nor contractionary. With inflation hovering at 2.8% and core inflation...
Labour Force Report

Labour Force Report

      So Much For Recession Worries, The May Jobs Report For Canada Was A Blockbuster Canadian employment surged 87,800 in May, the strongest reading since 2024. Today’s Labour Market Survey dispels recession concerns, but leaves the Bank of...