Featured Insights
Real GDP Growth Shows Smaller Gain in February
Canadian Economics April 30, 2024
The Canadian economy posted a smaller gain in February, rising by 0.2 per cent, following last month’s impressive 0.5 per cent rise due a rebound in post strike economic activity. With next months advanced estimates showing no change, the Bank of Canada will take today’s data as another sign it can start thinking about dropping rates.
Quick take • 3-min read
Viktor Cicman
Canada’s Four Month Streak of Confidence Growth Snaps in April
Canadian Economics April 30, 2024
A weaker job market is resonating with consumers. Two of the driving forces behind the decline in confidence are outlooks on future finances and job prospects. Influencing both are weaker labour market conditions.
Quick take • 2-min read
Walter Bolduc
Following a Step Forward, Business Confidence Retracts
Canadian Economics April 23, 2024
The Index’s rebound was short-lived. After falling in nine consecutive quarters, the Index of Business Confidence finally rose in January, marking the end to a historic downturn. However, this ascent proved to be transient, as evidenced by the latest 3.6-point decline.
Quick take • 3-min read
Jake Lenarduzzi
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