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No Recession in Canada, As Q4 GDP Growth Rose 1%
The Canadian economy sidestepped a recession in 2023 as Q4 growth moved back into positive, though...
Bank of Canada Holds Rates Steady and Forecasts a Soft Landing
The Bank of Canada held rates steady once again, and the more dovish press release hints at rate...
Bank of Canada Holds The Overnight Policy Rate Steady at 5% For the Third Consecutive Meeting
Well thank you Santa!! With all of the negative economic news in the last few weeks, we have to...
Q3 GDP Weaker Than Expected Paving The Way For Future Rate Cuts
The Canadian economy slowed dramatically in the third quarter following an upwardly revised 1.4%...
Canadian Inflation Fell to 3.1% (y/y) In October, Ensuring the BoC Holds Rates Steady
The decline in headline and core inflation and the weakening economy ensure the BoC will hold...
Canadian Home Sales Slump Accelerates in October
Canadian home sales plummeted in October as affordability remains the culprit. Home Sales Plummet...
Soft jobs reports in the US and Canada suggest that Central bank policy rates have peaked.
Weak October Jobs Report Likely Takes Further BoC Rate Hikes Off The Table Today's StatsCanada...
Hawkish Hold By The Bank of Canada
The Bank of Canada took another breather today, as was widely expected. The economy has slowed...
Good News On the Inflation Front Suggests Policy Rates Have Peaked
The decline in headline and core inflation and the weak Business Outlook Survey bodes well for the...
Canadian Housing Update
September Home Sales Weaken in Canada As New Listings Surge Increasing Mortgage Rates Weighed...
Another Strong Jobs Report Tests BoC’s Patience
Traders are now pricing in another BoC 25-bp rate hike by March '24. Canadian employment rose by a...
August Inflation Hotter Than Expected
Headline inflation, as measured by the Consumer Price Index (CPI), rose 4.0% y/y in August,...