For those who watch economic numbers, the monthly tabulation of retail sales activity is one of those metrics that gets above-average attention because it is a …
Inflation
Expect inflation to rise in Canada if rail strike lasts a month or longer
With Canada’s railways at a standstill, there are plenty of opinions and commentaries related to how this dispute will impact various industries or …
[Read more...] about Expect inflation to rise in Canada if rail strike lasts a month or longer
It is beginning to look a lot like interest rates could drop again
The chances of another interest rate cut are increasing. The latest inflation data shows price increases are getting smaller in virtually every category …
[Read more...] about It is beginning to look a lot like interest rates could drop again
ScotiaBank forecasts Canada’s central bank continuing to reduce interest rates
The tide has turned. That’s the view of economists at ScotiaBank who are among the most bullish on where interest rates are headed. They project the …
[Read more...] about ScotiaBank forecasts Canada’s central bank continuing to reduce interest rates
Lower interest rates accompanied by less positive developments
We have begun the journey towards lower interest rates with the Bank of Canada’s move to trim one-quarter of a point off its benchmark overnight rate. That …
[Read more...] about Lower interest rates accompanied by less positive developments
Interest rates expected to drop as Canadian economy weakens
Get ready for interest rates to start falling. The last major data point to be released prior to the Bank of Canada decision focused on GDP and Canada’s …
[Read more...] about Interest rates expected to drop as Canadian economy weakens
