Featured Insights
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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