The Bank of Canada held its policy interest rate amid rising inflation expectations and trade policy uncertainty. The bank will need to consider growth over inflation concerns as recession risks rise. … READ MORE >
tariffs
U.S. retail sales surge as consumers race to beat tariffs
Headline retail sales rose by 1.4% in March, matching lofty market expectations. The increase was largely fueled by strong demand for autos and construction materials. … READ MORE >
Canada’s CPI slows amid rising Buy Canadian movement, cooling global outlook
Canada’s latest consumer price index data shows the influence of the Buy Canadian movement and the effects of global economic uncertainty. … READ MORE >
Consumer sentiment plunges amid sweeping tariffs
The consumer sentiment index in April fell to its lowest level since 2022, plunging to 50.8 from 57.0 in March. At the same time, inflation expectations rose to their highest levels since the 1980s. … READ MORE >
The potential impact of tariffs on ad spending
The effect of tariffs on consumer spending and the economy as a whole will affect advertising spend from companies that must adjust to the tariffs. … READ MORE >
Simultaneous shocks to tip economy into recession in current quarter
We have increased our recession probability to 55% over the next 12 months. … READ MORE >
Canada lost 33,000 jobs in March as more pain looms due to U.S. tariffs
Canada lost 33,000 jobs in March as U.S. tariffs came into effect. Expect more layoffs in the coming months as tariffs cause widespread economic pains. … READ MORE >
More noise than signal: U.S. adds 228,000 jobs in March
For now, the entry of people into the workforce and wage gains will provide a cushion for the economy as it adjusts to the new realities of higher taxes on imported goods. … READ MORE >
5 things to know in life sciences: Week of March 31, 2025
Each week we highlight five things affecting the life sciences industry. Here’s the latest. … READ MORE >
Market Minute: First the tariff supply shock, then the inflation
With the recent round of reciprocal tariffs, the United States is heading toward another supply shock, which will spur the worst kind of inflation. … READ MORE >