Canada’s economy could benefit from strong U.S. growth in the United States during a second Trump administration. … READ MORE >
Canada
Financial conditions improve in Canada and U.S., setting stage for growth
Financial conditions continue to improve both in Canada as well as the United States, signaling stability in markets and setting the groundwork for economic growth. … READ MORE >
Bank of Canada cuts rates by half point amid slow growth
We expect the policy rate to fall to 3.5 per cent by the end of the year and return to a terminal rate of 2.75 per cent in the first half of 2025. … READ MORE >
Canada’s Consumer Price Index falls to 1.6%; calling for more rate cuts
Canada’s Consumer Price Index fell to 1.6%, the smallest increase since February 2021, mainly thanks to lower gasoline prices.
On a monthly basis, CPI fell 0.4% in September after falling 0.2% in August, both due to lower gasoline prices. Gasoline prices fell 7.1% in September compared to August. On a year-over-year basis, gasoline prices fell 10.7%.
On a seasonally adjusted monthly basis, CPI was unchanged at 0.0%. … READ MORE >
Canadian firms in an era of a higher cost of capital
As rates fall but remain above pre-pandemic levels, businesses must harness opportunities to create and deliver values through strategic investments to boost productivity. … READ MORE >
Canada added 47,000 jobs in September as jobless rate fell to 6.5%
The increase in jobs, the largest since April, gives confidence that Canada can maintain a soft landing until the Bank of Canada’s rate cuts, which began in June, are sufficient for the economy to awaken. … READ MORE >
New Canadian regulation is set to help level the internet playing field
Canada regulators are pushing for increased competition in the internet space with a new regulation designed to give consumers more choice and competitive pricing, while offering a leg up to smaller telecoms providers seeking to grow their share of the market for internet service.
On Aug. 13, the Canadian Radio-television and Telecommunications Commission issued a new telecom regulatory policy that requires Canada’s three largest telecoms providers—Rogers, Telus and Bell—to give competitors access to their predominant fiber networks for a fee. since May to Ontario and Quebec, the nation’s two largest provinces. … READ MORE >
Canada’s consumer price index hits 2 per cent target
The Bank of Canada will need to continue rate cuts amid disinflation as well as rising unemployment and sluggish growth. … READ MORE >
Immigration and the rebalancing of the Canadian economy
Canada’s shifting immigration policies highlight the delicate balance between addressing short-term economic concerns and safeguarding long-term growth. … READ MORE >
Canada’s job market continued to cool in August
The data in Canada’s labour survey for August paints a picture of a cooling job market as the economy added a mere 22,000 jobs and the unemployment rate rose to 6.6 per cent. … READ MORE >