Consumers face the possibility of double-digit increases in many grocery items given the quantity of fruit and vegetables imported from those two countries. … READ MORE >
interest rates
U.S. tariffs and their impact on growth and inflation
While it is too early to quantify the tariffs’ overall impact, a rough estimate implies between a 0.5% and 0.75% drag on growth this year and a one-time 0.6% increase in prices. … 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 >
January PCE index: Strong income gains amid elevated inflation
Underlying inflation appears to have flattened out near 2.5% on an annual basis with service sector costs rising at a 3.4% rate. … READ MORE >
Market minute: Is the fight against PCE inflation like waiting for Godot?
The January PCE inflation report, to be released Friday, will most likely show a 0.3% top-line increase on the month and a 2.5% increase from one year ago. … READ MORE >
Market minute: Soft economic landing at risk
Businesses, and the economy overall, face uncertainty amid the regime change in the global economy. … 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 >
Canada’s unemployment rate falls to 6.6% as business sentiment improves
Canada’s economic resurgence appears well under way as January saw 76,000 new jobs and a lower unemployment rate as business sentiment improved. … READ MORE >
Job growth cools in January amid revisions to labor force estimate
The tailwind in the American economy resulted in 143,000 jobs added in January and a decline in the jobless rate to 4%. … READ MORE >