The Buy Canadian movement may be more than a reactionary fad amid U.S. tariffs. The increased awareness of domestic options could shift behaviours in the long run—but being aware of its limitations is critical. … READ MORE >
consumer spending
Market minute: Identifying the signal from the noise in consumer spending
Producers and consumers have pulled forward economic activity to avoid potential tariffs, which has skewed hard data and dampened soft sentiment data. … READ MORE >
Calm before the storm: Canada’s CPI rises as tax break ends
Canada’s consumer price index for February saw a sizeable uptick—but the increase was just the calm before a broader economic storm. … READ MORE >
Retail sales rebound, easing some concerns over growth
We do not expect the data to alter the Federal Reserve’s decision to keep its policy rate unchanged at its meeting this week. … READ MORE >
Bank of Canada cuts interest rate to 2.75% as tariffs cloud outlook
The Bank of Canada reduced its key interest rate to 2.75 per cent on Wednesday amid tariffs and ongoing trade tensions. Rising uncertainty clouds Canada’s economic outlook as U.S. tariffs threaten to raise prices while thwarting growth. If further trade measures are introduced next month, expect the Bank of Canada … … READ MORE >
U.S. tariffs promise volatility, recession for Canada
Canada’s economic landscape is set to change dramatically as U.S. tariffs take effect. A recession is anticipated this year if all measures remain in place. … READ MORE >
Canada’s economy surged last quarter, but U.S. tariff threats cloud 2025 forecast
Canada’s economy showed promising growth in the last quarter of 2024 and is poised to have a robust 2025—provided U.S. tariffs don’t take effect. … READ MORE >
Canada’s consumer price index reaches 1.9% as tax holiday dampens inflation
Canada’s consumer price index reached 1.9 per cent in January as the GST/HST tax break played a major role in dampening inflation. With inflation largely stable, the Bank of Canada’s next move would depend largely on jobs data. … READ MORE >
Even with pause, Trump’s tariffs and Canada’s response establish volatile new economic reality
While a reprieve on tariffs may be welcomed, the back-and-forth between the U.S. and Canada laid bare Canada’s economic vulnerability amid ongoing political volatility. … READ MORE >
Bank of Canada cuts key interest rate to 3% amid price stability, trade policy uncertainty
The Bank of Canada cut its key interest rate to three per cent, but tariff uncertainty looms over Canada’s economic outlook and clouds the future rate path. … READ MORE >