Canada’s economic engine is gearing down
September 13, 2023
Headwinds from higher interest rates and a slowing global economy are building. Canadian GDP edged 0.2% lower in Q2 of...
Canada’s economy is beating expectations, but for how long?
June 8, 2023
In both Canada and the U.S., GDP continued to grow in Q1—and consumers kept spending. But the surge in interest rates will continue to take a toll.
Rate-hiking cycle ending as recession edges closer
December 14, 2022
The Canadian economy continues to inch closer to a recession in 2023.
Brace for a 'bumpy' landing, Canada
September 12, 2022
We expect the coming downturn in Canada will be ‘moderate’ by historical standards. - RBC Economics
Russian invasion and surging inflation take over as key global growth risks
March 10, 2022
The invasion of Ukraine is rocking financial markets, pushing commodity prices higher, and threatening further disruptions to already stretched global supply chains.
Inflation top concern for 2022, Covid variant casts shadow
December 2, 2021
We are optimistic about the outlook but risks remain elevated given the uncertain path of the virus. Base effects associated with reopening, rising commodity prices, policy stimulus and higher input costs have boosted inflation rates. - RBC Economics.
Economic recovery shifts into higher gear
June 9, 2021
The outlook for the global economy improved over the past three months because of increased policy support and rising vaccination rates.
Vaccines Put Global Economy on Recovery Track
March 10, 2021
The outlook for the global economy improved significantly as vaccination campaigns ramped up. RBC Economics expects real GDP to increase by 5½% in 2021.