BoC may have to raise interest rates again this summer given recent momentum, economists say
Momentum in the Canadian economy is spurring speculation that an interest rate hike is on the way, but economists don’t expect the Bank of Canada
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James Orlando
Inflation likely slowed again in April, but economists say wage growth a top concern
Canadians’ wages are finally growing faster than prices as inflation continues to ease, but that isn’t necessarily good news for economists.
BoC might have to rethink rate pause as unemployment remains very low: economists
Statistics Canada’s latest labour force survey released Friday says the unemployment rate held steady at 5.0 per cent for the fifth consecutive month.
BoC surveys show businesses, consumers gear up for slowdown as economy softens
Businesses and consumers are expecting inflation to slow faster than they previously thought but as high interest rates weigh on the economy, they’re also adjusting
UPDATED: Economy posted no growth in the fourth quarter, but consumer spending is holding on
On Tuesday, Statistics Canada said real gross domestic product was unchanged in the fourth quarter of 2022 after five consecutive quarters of growth.
High gas prices may have curbed downward inflation trend in January: economists
Economists have been encouraged by recent month-to-month trends, which have shown prices have been rising at a slower pace.
Canadian labour market shows no signs of slowing despite high interest rates
Employment growth in Canada blew past economists’ predictions in January, even as forecasters had expected higher interest rates to weigh on the labour market.
BoC expected to deliver eighth consecutive rate hike, but it’s probably the last one
Economists don’t believe the Bank of Canada is ready to hit the brakes on its interest rate-hiking cycle just yet.
Region’s jobless rate edges up to 4.5% in November, labour market still hot, Statistics Canada says
Local employers added nearly 5,000 jobs to their payrolls in November, but the unemployment rate still edged up with the number of people looking for
CREA reports home sales in typically busy September continued to slow
Compared with a year ago, home sales in September were down 32.2 per cent and about 12 per cent below the pre-pandemic 10-year average for
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