The unemployment rate increased by 0.3 percentage points to 6.8 per cent — the highest since January 2017—as more people looked for work. … READ MORE >
Canada
Year ahead in Canada: Return to growth as rate cuts take hold
The Canadian economy is expected to grow at around two per cent in 2025 as unemployment falls and price stability is restored. … READ MORE >
Canada’s prices for services and shelter decelerated in October
Canada’s consumer price index accelerated in October, but that increase will not deter a rate cut by the Bank of Canada in December. … READ MORE >
Canada’s labour force participation rate fell to the lowest since 1997
Canada’s economy in October continued the trend of a weak labour market, adding only 15,000 jobs. … READ MORE >
What a Trump presidency means for the Canadian economy
Canada’s economy could benefit from strong U.S. growth in the United States during a second Trump administration. … READ MORE >
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 >