Consumer Confidence Falls to Its Second-Lowest Recorded Score
The Index of Consumer Confidence fell 6.7 points to 51.5 points in November, marking four consecutive monthly declines. Key insights…
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Falling Gas Prices Fuelled Inflation’s Deceleration in October
Key insights Inflation took a step down in October, though it has likely reached its cruising altitude. We expect that…
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…
Trade Surplus Widens for a Second Consecutive Month, Reaching $2.0 Billion
Key Insights Exports are expected to outpace imports this year. Trade activity rebounded after the reopening of British Columbia marine…
As Leaves Fall, the Unemployment Rate Rises in October
Key Insights Recent GDP numbers indicate that the Canadian economy is heading for a growthless third quarter. Subdued consumer spending,…
Another Flat Reading for GDP Proves Economy Has Eased
Key Insights After another month of no growth and advanced estimates showing the same in September, it is clear that…
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…
Consumer Confidence Falls for the Third Month in a Row
The Index of Consumer Confidence fell another 1.4 points in October. Key Insights New funding in British Columbia is promoting the…
Business Confidence Continues to Fall
Key Insights The Index of Business Confidence fell for the ninth straight quarter. It has been over two years since the…
As Bank of Canada Readies Its Next Rate Decision, Report Shows Consumer Price Growth Cooled in September
Insights September’s consumer price index report bore some good news. Both headline and core inflation decelerated. The pace of food…