Canada’s CPI rose 3.1 per cent on a year-over-year basis due to higher oil prices. Excluding energy, inflation came in at a reasonable 2.1 per cent. … READ MORE >
consumer spending
Canadian inflation stays at 3% despite lower energy prices
Canada’s consumer price index rose 3 per cent on a year-over-year basis in August as energy remains a critical factor for inflation going forward. … READ MORE >
Canada loses jobs in August as trade tensions cloud outlook
Canada’s job losses in August undid some of the gains from July—and the outlook going forward is murky due to uncertainty caused by ongoing U.S. trade tensions. … READ MORE >
Bank of Canada holds interest rate again as volatility threatens growth
The Bank of Canada held its key interest rate again as it works to show stability amid ongoing trade volatility and economic uncertainty. … READ MORE >
Cautious optimism for Canada’s economy despite tariff tension
The latest data shows a solid, growing Canadian economy despite the concerns elicited by recent trade tensions and new U.S. tariffs. … READ MORE >
Inflation rises to 3% in Canada as global energy volatility persists
Canada’s CPI rose in July while core inflation measures remained slightly below target. This suggests that as of now, inflation remains a result of oil prices as opposed to being broadly entrenched in Canada’s economy. … READ MORE >
Market Minute: Lagging wages are the root of the affordability crisis
Although core inflation looks a bit more benign than topline inflation, RSM expects July’s U.S. labor data to reflect flat growth in real wages amid an ongoing affordability crisis. … READ MORE >
Canada’s consumer price index falls to 2.8% due to lower gas prices
Canada’s latest consumer price index data and inflation statistics mark a firm return to price stability—but uncertainty persists regarding energy prices. … READ MORE >
Bank of Canada holds interest rate again amid signs of economic recovery
The Bank of Canada held its overnight rate at 2.25 per cent—a widely expected move, but one delivered with a dovish tone amid ample signs of economic recovery. … READ MORE >
Inflation peaked in May—but return to pre-war levels not coming soon
While it is highly likely that U.S. inflation peaked in May, one should not anticipate a return to pre-war levels of inflation any time soon. … READ MORE >