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Latest Research

COVID-19 crushes Canadian trade in April

Data released by Statistics Canada’s today unearthed an unsettling picture for Canada’s trade sector as both exports and imports registered steep double-digit declines in April—in which monthly declines of this magnitude have never been observed before.

Quick Take · 2 min read
Focus Area—Canadian Economics

Bank of Canada holds rate steady, gives vote of confidence in financial sector

Today the Bank of Canada unsurprisingly held the interest rate steady at its lower bound. The health of the financial system allowed it to begin rolling back some of its extraordinary market operations aimed at financial institutions.

Quick Take · 2 min read
Focus Area—Canadian Economics

Travel Exclusive, May 2020: Summer travel intentions see dramatic decline

With the unprecedented shutdown in international travel, we saw a massive uptick in the share of respondents who plan to vacation within Canada this year.

Issue Briefing · 7 min read
Focus Area—Canadian Economics

Real GDP plummets, but positive growth expected in the months ahead

As expected, real GDP plunged in the first quarter as measures to contain the spread of COVID-19 were implemented. Growth is projected to have continued its decline in April, with much of the country in lockdown.

Quick Take · 2 min read
Focus Area—Canadian Economics