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…
Global Search Results
Total results: 16
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 Household debt paired with inflation and higher rates continues to stretch budgets thin. Canada has the highest household…
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…
The Bank of Canada Increased the Overnight Rate to 4.75 Per Cent
Key Insights Canadian housing markets could spell trouble for the economy overall. Despite housing sales increasing by 11.3 per cent…
Exports Rise After Two Consecutive Months of Decline
Key Insights Global economic uncertainty persists as a result of inflation and ongoing geopolitical tensions. The world’s major central banks…
Canada is Likely to Come Out on Top, but the Risk of Recession Remains Elevated
Key Insights The financial sector turmoil in the U.S. was contained and did not impact the Canadian economy, but how…
