Tag: Economy Articles
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Home prices surge in Canada as 2021 draws to a close
December 15, 2021 Home resales picked up 0.6% m/m to 651,000 units (seasonally adjusted and annualized) in November nation-wide.Positive fall update a placeholder for Budget 2022
December 14, 2021 Positive economic and fiscal developments were enough to cover this new spending and reduce budget deficits throughout the government’s projections.The Great Canadian Restart: How 2022 can spark an era of greener, more robust growth
December 8, 2021 If 2021 was the year Canada rounded the corner on the pandemic recession, 2022 is the year it can accelerate out of a decades-long pattern of slowing growth. - RBC EconomicsThe temperature rose in Canada’s major markets in November
December 6, 2021 September and October were no flukes. Home prices reaccelerated further in November in Canada’s major markets amid continuing strong demand and scarce inventories across Canada. Early reports from real estate boards showed the temperature generally rising once again with home resales holding at historically high levels last month. And where resales inched slightly lower (like […]Central banks weigh inflation, new variant
December 2, 2021 With the building blocks of a consumer-led recovery remaining in place, we think central banks will be easing off the accelerator next year. - RBC EconomicsProvinces to enter advanced stages of recovery in 2022
December 2, 2021 While the pandemic still poses a significant risk to all provincial economies, the recovery is proceeding generally well. - RBC EconomicsInflation top concern for 2022, Covid variant casts shadow
December 2, 2021 We are optimistic about the outlook but risks remain elevated given the uncertain path of the virus. Base effects associated with reopening, rising commodity prices, policy stimulus and higher input costs have boosted inflation rates. - RBC Economics.Quebec to spend more, cuts its deficit as economy rebounds
November 26, 2021 Finance minister announces $10.7 billion in new spending measures over five years. Read latest RBC report for insights on Quebec Fall Economic Update.What’s up with inflation?
November 18, 2021 Containing inflation expectations will require a reduction in policy support—both fiscal and monetary. - RBC Economics12 of 37