March 20, 2025
Claire Fan and Carrie Freestone break down how trade turbulence is impacting labour markets in Canada and the U.S., and what to expect next in the ongoing trade war.
March 19, 2025
Changes to Summary of Economic Projections were notable as growing uncertainty within the FOMC was apparent in the downgrades of their outlook for both 2025 and 2026.
March 18, 2025
Headline CPI in Canada rose to 2.6% in February while the headline index that excludes indirect taxes rose to 2.9%, the highest since December 2023.
March 12, 2025
The Bank of Canada today lowered the overnight rate by another 25bps to 2.75%, the middle of the estimated “neutral” range (2.25% -3.25%).
Core CPI moderated in February, in-line with our expectations and proving that seasonal spikes were a January effect this year.
March 7, 2025
There are early signs that the intensification of uncertainty from U.S. tariff threats, had an impact on hiring on the more trade-sensitive goods producing side of the economy.
Payrolls added 151k jobs in February, below the expected 160k. The unemployment rate ticked up to 4.1%, in line with our expectations.
March 6, 2025
We provide our estimates for the DOGE cuts and how those could show up in the data releases in the coming months with respect to payrolls, the unemployment rate, and jobless claims.
March 5, 2025
As we continue to monitor the situation, we have put together a list of frequently asked questions about the impact of these tariffs.
March 4, 2025
Canada has been hit with its largest trade shock in nearly 100 years. Evolving trade policies and government responses still remain highly uncertain.
February 26, 2025
Statistics Canada’s survey on business investment showed that private businesses planned to spend 5.5% more on investment in 2025.
February 25, 2025
Structural economic challenges will need to be addressed this budget season, including managing the fiscal fallout from lower immigration targets and tackling the ongoing affordability crisis.