Category: Canadian Economy (17 posts)
More bad news on the inflation front! Consumer price inflation rose further in June to 8.1% y/y, up from the 7.7% gain in May.
July 20, 2022 | Posted by: Andrew Wade
Canadian Inflation Surged to 8.1% in June Another bad inflation number was posted today. The rate of consumer inflation continued to rise, reaching 8.1% year ...read more
Canadian Inflation Rose Again in January to 5.1% y/y, Pressuring The Bank of Canada to Hike Rates in March
February 16, 2022 | Posted by: Andrew Wade
Inflation Ticked Up Again in January StatsCanada today reported that consumer price inflation rose to 5.1% from year-ago levels in January, compared to 4.8% ...read more
February 4, 2022 | Posted by: Andrew Wade
No Wonder The Bank of Canada Didn't Hike Interest Rates Last Month Statistics Canada released the January Labour Force Survey this morning, reporting a much ...read more
Surprising markets, the Bank of Canada held the overnight rate steady, as we expected, signalling they will remove emergency stimulus and raise the target policy rate when they meet again in March. Th
January 26, 2022 | Posted by: Andrew Wade
Bank Will Hike Rates At Next Meeting While markets were 70% certain the Bank would hike their overnight target rate today, we remained of the view that the G ...read more
In October, Canadian home sales surged 8.6%, ploughing through a modest rise in new listings as prices continued to edge higher.
November 16, 2021 | Posted by: Andrew Wade
Home Sales Surge in October Today the Canadian Real Estate Association (CREA) released statistics showing national existing-home sales rose a whopp ...read more
Existing home sales rose 0.9% on a month-over-month (m/m) basis in September, marking the first monthly increase since March. Home prices continued to re-accelerate last month.
October 15, 2021 | Posted by: Andrew Wade
Canadian Home Prices Continued to Rise As Insufficient Supply Creates Excess Demand Today the Canadian Real Estate Association (CREA) released statistics sho ...read more
An excellent showing for Canadian job growth as the economy rebounded in September with the easing of COVID restrictions. Jobs increased by 157,100, and the jobless rate fell to 6.9% from 7.1%.
October 14, 2021 | Posted by: Andrew Wade
Blockbuster September Jobs Report--Further Fuel For Rising I ...read more
August 17, 2021 | Posted by: Andrew Wade
The Slowdown In Canadian Housing Continued in July Today the Canadian Real Estate Association (CREA) released statistics showin ...read more
August 6, 2021 | Posted by: Andrew Wade
Canada's Jobs Recovery Continued in July Canada’s labour market continued its recovery in July as health restrictions were lifted, but the gains were s ...read more
June 5, 2021 | Posted by: Andrew Wade
Canada's Jobs Recovery Derailed By Third-Wave Restriction This morning, Statistics Canada released ...read more