by sasha@traceyrobinson.ca | May 18, 2023 | Uncategorized
Headline inflation fell from 5.2% in February and 5.9% in January to 4.3% in March. There’s been an unexpected hiccup in the Bank of Canada’s ongoing battle against inflation. Year-over-year, price pressures escalated to 4.4% in April, an uptick from the...
by sasha@traceyrobinson.ca | May 9, 2023 | Uncategorized
Today’s Labour Force Survey for April surprised on the high side for the fifth month in a row. The Canadian labour market has done it again, blowing past expectations for the fifth straight month. In April, a whopping 41,400 new jobs were added, more than double...
by sasha@traceyrobinson.ca | Apr 18, 2023 | Uncategorized
Inflation fell from 5.2% in February and 5.9% in January to 4.3% in March. Great News On The Inflation Front The Consumer Price Index (CPI) fell sharply in March to 4.3% year-over-year, continuing a pattern of repeated declines. Before we break out the champagne,...
by sasha@traceyrobinson.ca | Apr 13, 2023 | Uncategorized
The Bank of Canada held steady with the Overnight Lending Rate for a second straight meeting. This is amazing news for Variable Rate holders who have been feeling the pinch. Labour markets remain strong and inflation is still higher than we want it, but we are headed...
by sasha@traceyrobinson.ca | Mar 8, 2023 | Uncategorized
As expected, the Bank of Canada paused rate hikes as the economy slowed in Q4 2022, and inflation dipped to 5.9% in January. The door is open for further hikes this year as the jobs market remains too strong, and the Fed promised to increase rates more than expected...
by sasha@traceyrobinson.ca | Feb 28, 2023 | Uncategorized
The Canadian economy ended 2022 with a deeper slowdown than anticipated. Statistics Canada released the real gross domestic product (GDP) figure for the final quarter of 2022 this morning, showing a marked slowdown in economic activity. This will undoubtedly keep the...
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