Gasoline and Shelter Added Pressure to Consumer Price Growth in March

Canadian Economics    April 16, 2024

Year-over-year growth of Canada’s consumer price index picked up slightly in March. Yet, many inflation indicators are trending in the right direction and interest rate cuts are still on the table in June.

Quick take  •  3-min read
Kiefer Van Mulligen

Manufacturing Sales Buoyed by Higher Petroleum and Coal Prices in February

Canadian Economics    April 15, 2024

High borrowing costs and cooler demand will likely weaken sales this year, though growth will pick up as the grip of monetary policy loosens. Month to month, real GDP growth in the manufacturing sector has been uneven, though the diversity of the industry’s subsectors has likely helped to keep growth from falling sharply in the face of higher interest rates.

Quick take  •  2-min read
Kiefer Van Mulligen

The Bank of Canada Keeps Rates Steady for Another Announcement

Canadian Economics    April 10, 2024

The housing market continues to pose an upside risk to the Bank of Canada’s inflation goals. The Bank has expressed concerns that if financial conditions improve, rejuvenated demand for housing, paired with the limited developments in housing supply, could exert significant upward pressure on inflation.

Quick take  •  4-min read
Walter Bolduc

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