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Canadian economy

  • Blog

TSX On a Tear, Up 12% Since November. But Is It Justified?

Between January 1 and October 31, 2023, the TSX lost 3.3% of its value. But from November 1, 2023 to…

1 year ago
  • 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

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

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

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
  • Blog

Is Canada Still Heading for a Recession?

Economists have been predicting a recession in Canada and the U.S. for months now. Despite decades-high inflation and an unprecedented…

2 years ago
  • Blog

Does Weaker Canadian Economic Data Point to a Pause in Interest Rate Hikes?

The Bank of Canada has been aggressively raising interest rates to cool the economy and stave off a recession. Since…

2 years ago