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Falling inflation, rising jobless rate usher in easing cycles in Canada and abroad

Falling inflation, rising jobless rate usher in easing cycles in Canada and abroad

The Canadian economy has continued to underperform global peers with declines in per-capita output in seven of the last eight quarters.
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Rate cuts won’t spur immediate rebound in Canada’s economy

Rate cuts won’t spur immediate rebound in Canada’s economy

The global economic growth backdrop has shown signs of improvement, but Canada’s economy continues to underperform.
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Canadian economic slowdown is not over

Canadian economic slowdown is not over

The Canadian economy is still slowing as the lagged impact of earlier interest rate increases materialize. Gross domestic product edged higher in Q4...
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Hitting tipping points

Hitting tipping points

The global economic growth backdrop has continued to slow as the lagged impact of aggressive central bank interest rate hikes continue to build...
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Canada’s economic engine is gearing down

Canada’s economic engine is gearing down

Headwinds from higher interest rates and a slowing global economy are building. Canadian GDP edged 0.2% lower in Q2 of this year and early reports are...
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Canada’s economy is beating expectations, but for how long?

Canada’s economy is beating expectations, but for how long?

In both Canada and the U.S., GDP continued to grow in Q1—and consumers kept spending. But the surge in interest rates will continue to take a toll.
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Canadian economy unlikely to dodge a downturn despite early-2023 resilience

Canadian economy unlikely to dodge a downturn despite early-2023 resilience

Economic growth has been more resilient than feared in the wake of aggressive interest rate increases last year.
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Rate-hiking cycle ending as recession edges closer

Rate-hiking cycle ending as recession edges closer

The Canadian economy continues to inch closer to a recession in 2023.
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Brace for a ‘bumpy’ landing, Canada

Brace for a ‘bumpy’ landing, Canada

We expect the coming downturn in Canada will be ‘moderate’ by historical standards. - RBC Economics
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Growth opportunities narrow amid searing inflation and a scarcity of workers

Growth opportunities narrow amid searing inflation and a scarcity of workers

With most restrictions lifted, the hard hit travel industry is poised for better than average growth.
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Russian invasion and surging inflation take over as key global growth risks

Russian invasion and surging inflation take over as key global growth risks

The invasion of Ukraine is rocking financial markets, pushing commodity prices higher, and threatening further disruptions to already stretched global...
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Inflation top concern for 2022, Covid variant casts shadow

Inflation top concern for 2022, Covid variant casts shadow

We are optimistic about the outlook but risks remain elevated given the uncertain path of the virus. Base effects associated with reopening, rising...
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