Right Idea, Wrong Timing? Our Analysis of Quebec’s Budget 2023
The Quebec Government issued Budget 2023 on Tuesday, putting forward tax cuts and additional spending at a time when inflation remains a concern.
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Price Growth Eased in February, But New Risks Have Appeared on the Bank of Canada’s Radar
Canadian Economics March 21, 2023
In line with expectations, headline inflation continued to ease in February. Price growth for much of the consumer price index (CPI) basket remains higher than 3 per cent year-over-year, but a handful of goods and services prices are contributing disproportionately to overall CPI growth.
Quick take • 2-min read
Kiefer Van Mulligen
Motor Vehicles Helped Drive Manufacturing Sales Growth in January
Canadian Economics March 14, 2023
Despite rumours of an impending recession, manufacturing sales held on as the new year began. In January, real sales posted their strongest month-over-month gain since July 2020.
Quick take • 2-min read
Kiefer Van Mulligen
Labour Market Stalls in February
Canadian Economics March 10, 2023
In February, employment in Canada held steady. However, today’s Labour Force Survey results mark a shift down in gear after a four-month run of job growth. Despite this, wage growth is still hot. While rising wages allow households to navigate the rising cost of living, they also risk feeding inflation—especially when labour productivity is falling.
Quick take • 3-min read
Liam Daly
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