We expect Canada to have another modest year of growth in 2026 amid ongoing trade tensions with the United States and a continuing oil glut that will dampen export prices. … READ MORE >
Canada
Market Minute: Canada’s financial conditions and its monetary policy path
Policy rate cuts by the Bank of Canada and the U.S. Federal Reserve are in response to both countries’ economies absorbing adverse policy shocks along with a slowing pace of hiring and wage growth. … READ MORE >
Bank of Canada cuts interest rate again in attempt to spur sluggish economy
Canada’s economy is slowing to the point that the Bank of Canada was comfortable making another interest-rate cut as it lowered its policy rate to 2.25 per cent. … READ MORE >
Canada’s economy slowing as major free-trade renegotiation looms
Canada’s subdued economic activity and the drop in inflation despite ongoing tariffs imply that the Bank of Canada could cut interest rates again this year. … READ MORE >
Bank of Canada cuts interest rate to 2.5% amid economic, labour challenges
The Bank of Canada cut its key interest rate to 2.5 per cent as a slowing economy and rising unemployment likely contributed to the unexpected policy action. … READ MORE >
Canada’s economy in sore need of an interest rate cut as job losses mount
Canada’s economy lost jobs in back-to-back months for the first time since 2021, pushing the odds of an interest rate cut this month significantly higher. … READ MORE >
Back-to-house shopping: Canadian market picks up as buyers act early
Canadian consumers are adjusting their spending habits amid uncertainty, with early activity observed in both retail and housing markets. This early movement is driven by expectations of future cost increases and interest rate cuts, alongside government support measures, signaling a potentially stronger housing market in the fall. … READ MORE >
Bank of Canada holds interest rate amid economic resilience, trade tensions
The Bank of Canada held its key interest rate at 2.75 per cent amid Canada’s overall economic resilience and ongoing trade tensions with the U.S. … READ MORE >
Ontario and B.C. home prices fall—but it won’t last long
Ontario and B.C. home prices are down and sales are expected to slip further, meaning buyers can catch the market off-balance now before it’s set to rebound. … READ MORE >
Canada home buyers have leverage again—but not for long
RBC recently reported that housing affordability in Canada is the best it has been in three years—an improvement, but still a long way from where it needs to be. … READ MORE >