Clean and Green but Not Very Lean: Our Analysis of the Federal Budget 2023
With the fiscal shadow of the COVID-19 pandemic fading into the background, the federal government is now repositioning itself to…
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Sprinting to Surplus: Our Analysis of the Ontario Budget 2023
Despite the Ontario budget having the highest price tag for any provincial budget ever, the province’s revenue windfall means it…
Job Gains Don’t Signal a Need for More Rate Hikes
This op-ed by Pedro Antunes was originally published in The Toronto Star on January 19, 2023. Last week, Statistics Canada…
The Bank of Canada Raises Interest Rates by 25 Basis Points, Possibly for the Final Time
Key Insights No reason for interest rates to rise further, given the outlook on inflation and economic growth. Today’s 25…
Trade Balance Tightens
Canada’s merchandise exports declined by 2.8 per cent (month-on-month) in July, while imports dropped by 1.8 per cent. As a result, Canada’s…