The Bank of Canada prioritizes price stability as a source of consistency and confidence in an uncertain environment. Here’s what to watch in the second half of 2025. … READ MORE >
tariffs
Canadian housing data shows growing imbalances amid economic tension
Canada’s housing starts appear steady at first glance—but below that surface-level stability, there are growing imbalances at the provincial level. … READ MORE >
Canadian household net worth rises despite economic uncertainty
Canadian household net worth rose for a sixth quarter in a row—but this trend could reverse next quarter as the effects of trade tensions persist and spread. … READ MORE >
Market Minute: It’s not the beans that cost more. It’s the can.
In a range of categories in the consumer price index where goods have been subject to tariffs like the 25% levy on steel and aluminum, prices increased significantly. … READ MORE >
Market Minute: The unbearable lightness of tariff timelines
Months after the United States began to announce sweeping new tariffs, businesses and consumers face more uncertainty, not less. … READ MORE >
Canada’s unemployment rate hits 7% despite some resilience
Despite some economic resilience, Canada’s unemployment rate hit 7 per cent as the damage from tariffs and trade uncertainty permeates the labour market. … READ MORE >
Bank of Canada holds interest rate again amid economic volatility
Despite a better-than-expected first quarter for Canada’s economy, the Bank of Canada held its interest rate again as it contends with tariff uncertainty and economic volatility. … READ MORE >
Market Minute: Mentions of tariffs soar in earnings transcripts of middle market firms
Since last August, total mentions of tariffs in earning transcripts of Russell 3000 firms have increased from 91 to 5,071 in May using a three-month moving average. … READ MORE >
Canada’s economy grows 0.5% in 1st quarter due to exports, but challenges loom
Canada’s economy grew in the first quarter largely due to pre-tariff efforts, but ongoing uncertainty means the economy is expected to contract next quarter. … READ MORE >
Market Minute: Can businesses absorb the cost of tariffs?
Wherever the effective tariff rate ends up, any reduction in margins because of the significant increase in trade taxes will result in reduced growth, higher inflation and rising unemployment. … READ MORE >