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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,...
August Job Growth Beat Expectations
The August Labour Force Survey was stronger than expected, keeping the door open for future rate...
Bank of Canada Holds Rates Steady Acknowledging Economic Slowdown
The Bank of Canada took another breather today, as was widely expected. The slowdown in Q2 growth...
Rate Hikes Are Definitely Off The Table
The Canadian economy slowed dramatically in the second quarter due to declines in housing...
Housing Market Sales Dipped in July, Spooked By Rate Hikes
National home sales edged down 0.7% m/m in July, new listings rose 5.6%, and the MLS Home Price...
July Headline Inflation Rose to 3.3%, But Core Inflation Improved
Headline inflation rose to 3.3% in July because of base effects. The BoC will take solace in the...
The Long-Awaited Labour Market Slowdown
The July Labour Force Survey was weaker than expected, although wage inflation reaccelerated to...
The May Employment Report Softened Two Days After The BoC Raised Interest Rates
May's Softer Labour Market Data Ended The Longest Run Of Job Gains Since 2017 Ironically, the May...
Holy Smokes, The Bank of Canada Means Business
After the Bank of Canada hit pause in February, even stating themselves that they felt we were...