Featured Insights
Trade Balance Swings to Deficit
Canadian Economics May 2, 2024
Canada’s merchandise trade balance swings back into deficit in March as weaker export performance erases the gains made in February. Total imports also fell, reflecting weakened demand conditions domestically.
Quick take • 3-min read
Ted Mallett
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
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