Recession Averted and Signs of Economic Resilience
Key Insights Today’s GDP estimates show that Canada’s economy finished the year stronger than expected, with real GDP increasing by…
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Real Manufacturing Sales Fell Again in September—A Recessionary Signal?
Key insights We expect that manufacturing output has contracted and will continue to contract into the first quarter of 2024. Real…
The Bank of Canada decides to hold the Overnight Rate at 5 per cent
Key Insights Consumer and business confidence have reached their lowest levels since the pandemic. Since the first interest rate hike…
Trade Deficit Narrows as B.C. Port Strike Takes a Bite Out of Imports
Key Insights Global economic growth is waning. In the second quarter of 2023, growth in Canadian imports (0.5 per cent) exceeded growth…
