Canada’s economy in October continued the trend of a weak labour market, adding only 15,000 jobs. … READ MORE >
Tu Nguyen
Financial conditions improve in Canada and U.S., setting stage for growth
Financial conditions continue to improve both in Canada as well as the United States, signaling stability in markets and setting the groundwork for economic growth. … READ MORE >
Bank of Canada cuts rates by half point amid slow growth
We expect the policy rate to fall to 3.5 per cent by the end of the year and return to a terminal rate of 2.75 per cent in the first half of 2025. … READ MORE >
Canadian firms in an era of a higher cost of capital
As rates fall but remain above pre-pandemic levels, businesses must harness opportunities to create and deliver values through strategic investments to boost productivity. … READ MORE >
Canada added 47,000 jobs in September as jobless rate fell to 6.5%
The increase in jobs, the largest since April, gives confidence that Canada can maintain a soft landing until the Bank of Canada’s rate cuts, which began in June, are sufficient for the economy to awaken. … READ MORE >
Canada’s consumer price index hits 2 per cent target
The Bank of Canada will need to continue rate cuts amid disinflation as well as rising unemployment and sluggish growth. … READ MORE >
Immigration and the rebalancing of the Canadian economy
Canada’s shifting immigration policies highlight the delicate balance between addressing short-term economic concerns and safeguarding long-term growth. … READ MORE >
Canada’s job market continued to cool in August
The data in Canada’s labour survey for August paints a picture of a cooling job market as the economy added a mere 22,000 jobs and the unemployment rate rose to 6.6 per cent. … READ MORE >
Bank of Canada cuts its policy rate to 4.25 per cent
Rates need to come down for businesses to start hiring again and to help those workers struggling to find employment. … READ MORE >
With higher capital gains tax rate, Canada renews debate over growth
While raising the capital gains tax rate might help the government boost revenue, it could delay the economic recovery that Canada needs by temporarily discouraging investment. … READ MORE >