by sasha@traceyrobinson.ca | Jun 13, 2023 | Uncategorized
May’s Softer Labour Market Data Ended The Longest Run Of Job Gains Since 2017 Ironically, the May Labour Force Survey showed a modest slowdown two days after the Bank of Canada surprised the markets by raising interest rates. Employment was little changed in...
by sasha@traceyrobinson.ca | Jun 8, 2023 | Uncategorized
After the Bank of Canada hit pause in February, even stating themselves that they felt we were done with increases, this was a complete sucker punch yesterday with an increase of 0.25%. With a strong Labour Market and a Hot Housing Market, the thought now is that...
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...
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