Trade Deficit Narrows to $1.3 Billion in September

Canadian Economics    November 5, 2024

Canada’s merchandise exports were down 0.1 per cent in September mainly due to lower exports of metal and non-metallic mineral products, while total imports fell 0.4 per cent on the back of lower imports of metal and non-metallic mineral products. As a result, Canada’s merchandise trade deficit narrowed to $1.3 billion in September.

Quick take  •  3-min read
David Ristovski

Economic Growth Remains Sluggish

Canadian Economics    October 31, 2024

Today’s release of GDP estimates continue to highlight that Canada’s economy is moving towards a soft landing as interest rates continue to fall. The economy continues to grow, although only modestly, with the release suggesting GDP was up 1 per cent in the third quarter.

Quick take  •  3-min read
Viktor Cicman

A Prevailing Sense of Optimism Permeates the Atmosphere

Canadian Economics    October 28, 2024

Last Wednesday’s 50 basis cut by the Bank of Canada is expected to offer significant relief to businesses and households, especially for consumers with upcoming mortgage renewals. However, the lagged effect of monetary policy means that a recovery in business and consumer sentiment will not happen overnight.

Quick take  •  2-min read
Loubna Zebiri

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