Featured Insights
Following a Step Forward, Business Confidence Retracts
Canadian Economics April 23, 2024
The Index’s rebound was short-lived. After falling in nine consecutive quarters, the Index of Business Confidence finally rose in January, marking the end to a historic downturn. However, this ascent proved to be transient, as evidenced by the latest 3.6-point decline.
Quick take • 3-min read
Jake Lenarduzzi
Gasoline and Shelter Added Pressure to Consumer Price Growth in March
Canadian Economics April 16, 2024
Year-over-year growth of Canada’s consumer price index picked up slightly in March. Yet, many inflation indicators are trending in the right direction and interest rate cuts are still on the table in June.
Quick take • 3-min read
Kiefer Van Mulligen
Manufacturing Sales Buoyed by Higher Petroleum and Coal Prices in February
Canadian Economics April 15, 2024
High borrowing costs and cooler demand will likely weaken sales this year, though growth will pick up as the grip of monetary policy loosens. Month to month, real GDP growth in the manufacturing sector has been uneven, though the diversity of the industry’s subsectors has likely helped to keep growth from falling sharply in the face of higher interest rates.
Quick take • 2-min read
Kiefer Van Mulligen
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