Any doubts about whether or not the Bank of Canada will cut its policy rate by a further 25 bps on September 4th were laid to rest this morning with the release of the latest batch of employment data by Statistics Canada.
In a nutshell, Canada’s economy continues to underwhelm (as we’ve noted here and here…and here), with the Survey of Employment, P...
With today’s release of another month’s worth of new retail sales data from Statistics Canada, we have the opportunity to evaluate the spending patterns of Canadians in June as they continue to navigate today’s high prices and restrictive interest rate environment. Before we get started, it’s worth noting even though we already know what happened w...
The latest release of Consumer Price Index (CPI) data from Statistics Canada saw a continuation of recent disinflationary trends. The overall rate of inflation declined again in July, to 2.5%, which is the seventh consecutive month inside the Bank of Canada’s target range of 1-3%.
Beyond the headline rate, there is plenty of evidence that suggests f...
