April 10, 2025
U.S. trade policy continues to escalate with grievances extending to virtually all U.S. trade partners today from just a handful a month ago.
March 13, 2025
The threat of significant international trade disruptions is overshadowing what would have been a substantially improving Canadian economy.
March 12, 2025
Trade risks are set to wipe out early signs of economic recovery in Canada—we expect gross domestic product growth to slow and the unemployment rate to edge higher in coming quarters.
February 12, 2025
U.S. President Donald Trump backed away from imposing blanket tariffs on Canada at the 11th hour last week, but trade risks are not going away.
January 10, 2025
With the exceptional run of U.S. data continuing, we no longer expect any further rate cuts from the Fed in 2025.
December 12, 2024
Canada’s economic growth challenges are expected to ease as the Bank of Canada continues to lower interest rates—but not right away, and longer-run challenges remain.
December 11, 2024
International trade risks are back in focus as the incoming Trump administration prepares to take office—but for now, economic data is tracking broadly in line with prior expectations.
November 13, 2024
U.S. government spending will continue to add to growth, but it may come at the cost of higher inflation, interest rates, and less savings for the future.
October 10, 2024
The stronger-than-expected September U.S. payroll report left the economy on track for the historically elusive ‘soft landing’ and reduced urgency for the Fed to repeat a 50-basis point rate cut.
September 18, 2024
The Canadian economy has continued to underperform global peers with declines in per-capita output in seven of the last eight quarters.
September 11, 2024
Softening U.S. labour markets and lower inflation leave the Fed on track to kick of an easing cycle starting in September, one of the last major central banks to do so.
August 14, 2024
More central banks are committing to cutting interest rates from elevated levels.
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