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Industry experts offer their best advice, research, and insights—all in the name of helping Canadians tackle their most complex challenges.

Real GDP Flat in March but Accelerates in the First Quarter of 2023

Canadian Economics    May 31, 2023

Today’s releases of industry GDP and income and expenditure show that Canadian GDP performed above expectations in the first quarter of 2023. A combination of better-than-expected household spending, a rise in exports, healthy job gains, and high levels of immigration have all contributed to a rise in output for the first quarter of this year.

Quick take  •  3-min read
Viktor Cicman

Seventh Consecutive Fall in the Index of Business Confidence

Canadian Economics    May 30, 2023

The index has been trending downward since the third quarter of 2021. Although future optimism surrounding Canadian economic conditions has improved in terms of inflationary pressures and supply chain constraints, challenges such as rising costs of capital and labour, high interest rates, and weak market demand continue to adversely affect planned investment.

Quick take  •  3-min read
Jake Lenarduzzi

The Index of Consumer Confidence Reached 77.3 This Month Following Its Third Consecutive Monthly Increase

Canadian Economics    May 23, 2023

Alberta wildfires have damaged its provincial consumer confidence while potentially hurting other provinces’ outlooks. May’s Index of Consumer Confidence had Alberta seeing the largest monthly decline dropping 8.7 points. At the core of this is likely the province’s ongoing wildfire concerns.

Quick take  •  3-min read
Walter Bolduc

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