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  • Blog

Bank of Canada Done With Rate Hikes, But When Is First Interest Rate Cut Coming?

The Bank of Canada held its key lending interest rate at 5% for the fourth consecutive meeting. Of particular note,…

1 year ago
  • Blog

Canadian Inflation Rises 3.4% in December—How Will the Bank of Canada Respond?

Statistics Canada announced that the country’s inflation rate in December ticked up to 3.4%, which is up from 3.1% in…

1 year ago
  • Blog

U.S. Inflation Unexpectedly Heats Up in December, But Rate Cuts Still Expected

The December Consumer Price Index, or CPI, which measures U.S. inflation, rose 0.3% month over month. to 3.4%. This is…

1 year ago
  • Blog

Canada 2024: A Technical Recession, Rate Cuts, and the TSX

A lot can change in a year. In January 2023, Canada’s inflation rate stood at 5.9%, the Bank of Canada…

1 year ago
  • Blog

Canada’s Inflation Slows to 3.1% in October—Will This Shut the Door on Additional Rate Hikes?

Statistics Canada announced that Canada’s inflation rate slowed to 3.1% in October, that’s down significantly from the 3.8% reading in…

2 years ago
  • Blog

The S&P 500 Could Hit a Record High in 2024, But the TSX Could Disappoint

This year was supposed to be a mixed one for stocks, with rising interest rates, stubbornly high inflation, and lower…

2 years ago
  • Blog

Canadian Dollar Down 4.8% Since July on Weaker Oil and Soft Economic Data

The Canadian dollar has reversed the gains it made against the U.S. dollar in the first half of the year.…

2 years ago
  • Blog

Remainder of 2023 Looks Bullish After Federal Reserve Pause’s Interest Rates

Halloween may be over but that doesn’t mean it isn’t still scary on Bay Street and Wall Street. On July…

2 years ago
  • Blog

Canada’s Inflation Rate Unexpectedly Falls to 3.8% in September

Canada’s inflation rate unexpectedly dipped in September to 3.8%. That’s down from 4.0% in August. The 3.8% figure is below…

2 years ago
  • Blog

Additional Interest Rate Hikes Still on the Table But Canada Is Not Headed for a Recession

Bank of Canada Governor Tiff Macklem said that the central bank’s aggressive interest rate policy is working at bringing down…

2 years ago