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...