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 >
inflation
Economic pain looms for both Canada and U.S. as tensions escalate
A tit-for-tat trade war is a lose-lose game economically for Canada and the U.S.—and the latest developments symbolize a significant step up in tensions. … 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 >
Canada’s targeted response to new U.S. tariffs comes as disruption looms
Canada announced a series of targeted tariffs on C$27.6 billion of U.S. imports in response to recent U.S. levies—the latest barb in a tense trade stand-off. … 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 >
Seasonal distortions offer misguided look at U.S. labor market conditions
The U.S. economy is in a good spot heading into the second half of 2026 as the labor market is at full employment while job growth and wages do not imply second-round risks to the economy via the inflation channel. … READ MORE >
Canada’s economic tides are turning following July’s jobs report
Canada added 75,000 jobs in July, which vastly exceeded expectations, while the unemployment rate fell to its lowest in two years. … 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 >