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Economics

Forward Guidance: Our Weekly Preview

January 22, 2021

RBC Economics shares major economic trends to look for in the week ahead.

Canadian Retailers Battered, Not Broken, by Second Wave

January 22, 2021

The second wave of virus spread and the re-imposition of containment measures put the brakes on Canadian retail sales in December.

Canada’s housing market ended 2020 on a (very) high note

January 15, 2021

RBC sees little that will stop activity or prices in Canadian housing market from reaching new highs in 2021.

Canada’s housing market headed for another record year in 2021

January 13, 2021

We see little that will stop activity or prices from reaching new heights in the year ahead.

COVID Consumer Spending Tracker

January 11, 2021

RBC Economics provides a snapshot of how the COVID-19 pandemic has altered Canadian consumer spending.

Rising COVID Cases Make for a Challenging Start to 2021

January 8, 2021

Ongoing containment measures will slow Canada's recovery, while more measured restrictions and fiscal stimulus should keep the US economy growing.

Spectacular End to a Spectacular Year for Canada’s Housing Markets

January 6, 2021

2020 will easily go down as the most surprising in the history of Canada's housing market. One where a global pandemic couldn't stop Canadians' desire to own a home.

Historic Housing Market Rally Made It Less Affordable to Own a Property in Canada

December 21, 2020

The pandemic tremendously disrupted Canada's housing market but hasn't destroyed activity as spring transactions shifted to the summer and fall.

A Clearer Path to Canada’s 2030 Climate Target

December 17, 2020

The newly unveiled $15 billion climate plan could help Canada meet its Paris Agreement targets.

For Many Canadian Businesses, the Two Halves of 2021 Look Very Different

December 17, 2020

Despite vaccine optimism, the coming months will be difficult for many businesses. High savings rates and pent-up consumer demand will help businesses survive.

Canada’s Housing Market Kept on Rolling in November

December 15, 2020

There continues to be few signs Canada's housing market is about to pause or even slow down in a material way.

Vaccine Clears Path for Recovery but Not out of the Woods Yet

December 15, 2020

2021 promises to be a better year with the discovery of a vaccine against COVID-19 set to restore both our health and the economy.