The Canadian economy stalled in the fourth quarter, eking out a 0.03% gain in what was a significant downside surprise from expectations of a 1.6% increase.= … READ MORE >
Canada
Canada’s annual inflation slows again, yet Bank of Canada’s work is not done
The consumer price index rose by 5.9% from 12 months ago in January, down from 6.3% in December, and lower than the market’s forecast at 6.1%. … READ MORE >
This week in energy: Russia oil price cap, natural gas outlook, nuclear SMRs
In this week’s energy industry analysis, we take a look at the European Union’s latest sanction on Russian oil, the Energy Information Administration’s natural gas outlook, and plans for North America’s first small modular reactor. … READ MORE >
Canada adds a robust 150,000 jobs in January as wage growth eases
Robust job gains combined with the unemployment rate holding steady near a record low at 5% should push the expectations of a recession—even a mild one—on hold, or at least push them to the second half of the year. … READ MORE >
Canadian economy grew by 0.1% in November
Canada’s gross domestic product growth remained unchanged in November at 0.1% as tightened monetary policies continued to slow the economy. … READ MORE >
This week in energy: U.S. LNG exports, oil and gas markets, Canada outlook
In this week’s energy industry analysis, we take a look at U.S. liquefied natural gas exports, oil and gas market conditions and a 2023 outlook for Canada’s energy sector. … READ MORE >
Canada job gains top forecast, complicating decision on rates
The Canadian labour market added 104,000 net jobs in December, significantly higher than the forecast of 5,000. … READ MORE >
RSM’s economic outlook for Canada in eight charts
While the Canadian economy may avoid a recession next year, we expect growth will slow below 1% over the next few quarters, well below its long-term capacity. … READ MORE >
Canada inflation eases, but the fight is not over
November’s headline consumer price index in Canada dropped to a 6.8% increase from 6.9% on a year-ago basis, remaining significantly above the 2% target rate. … READ MORE >
Financial conditions and Canada’s real economy
Tightening financial conditions are hurting the Canadian economy to the point where the rising risk of a recession and a housing contraction much larger than anticipated cannot be discounted. … READ MORE >