Headline inflation fell to 2.7 per cent, within the 1 per cent to 3 per cent range for the fourth month in a row and the lowest since early 2021. … READ MORE >
Tu Nguyen
How Canada can improve its lagging productivity
Increasing investments in innovation and technology, as well as in the workforce, to harness the power of technology can help raise Canada’s productivity. … READ MORE >
Canadian economy showed resilience in April, adding 90,400 jobs
While the stronger-than expected job report released on Friday speaks to the resilience of the Canadian economy, the long-term trend is an undeniable weakening in the job market. … READ MORE >
Bank of Canada holds its rate at 5% in dovish statement
The Bank of Canada has signaled that it is ready to take the foot off the brakes in June as long as job and inflation numbers progress as expected. … READ MORE >
Bank of Canada preview: A dovish tone with rate cuts on horizon
The Bank of Canada will almost certainly leave its policy rate unchanged when it meets this week, but the tone of its statement will shift to dovish. … READ MORE >
Canada’s unemployment rate surpasses 6% for the first time in over two years
While Canada has added more than 300,000 jobs over the past year, the working age population has grown by more than a million, resulting an inevitable rise in the unemployment rate. … READ MORE >
In global shift to renewable energy, Canada risks being left behind
A low carbon economy will lower costs for businesses and nullify the need for the consumers’ carbon rebates, making it a winning equation for the government, businesses and consumers. … READ MORE >
Regulations and rate cuts to drive renewable energy growth
Sustained investment in renewables continues, despite the hurdles, and will translate into enduring growth as economic activity becomes less dependent on fossil fuel prices and supply fluctuations. … READ MORE >
February’s inflation in Canada makes case for rate cuts
Canada’s consumer price index fell to 2.8% February, marking the second consecutive month of easing inflation and bolstering the case for the Bank of Canada to cut rates in June. … READ MORE >
Canada’s jobs report offers mixed messages on rates
The economy added 40,700 jobs, exceeding expectations and a sign of remaining steam that could keep the economy afloat for a few more months. … READ MORE >