Andrew DiCapua

Canadian Chamber of Commerce | Economics | @QueensU alum

[Alex Greco @alexpgreco]

Looking forward to having the Prime Minister join us for our Hill Day this afternoon. He’ll be giving a keynote address followed by having a fireside chat with our President and CEO @PerrinBeatty. #cdnpoli #manufacturing #economy

[Canadian Chamber of Commerce @CdnChamberofCom]

Thank you to the @OakvilleChamber for hosting this event and having our Senior Economist @AndrewDiCap as moderator for the 2024 @RBC Economic Outlook yesterday.

[Andrew DiCapua @AndrewDiCap]

@LyonsFaye @OakvilleChamber It was great to join you for this event and connect with Oakville members. Hope they enjoyed the conversation!

[Andrew DiCapua @AndrewDiCap]

@ErikHertzberg @mattlundy33 @wicary @bankofcanada It’s a great but worrisome chart!

[Matt Lundy @mattlundy33]

Last week, I asked Desjardins chief economist Jimmy Jean why he didn't expect the Bank of Canada to hike rates today. He was right on the money.

[Andrew DiCapua @AndrewDiCap]

I've written a blog with my colleague Tania Chaar on the top economic trends we're monitoring @ExportDevCanada. It's going to be a pivotal year in our COVID-19 recovery. I hope you find some value in our look-ahead piece! https://t.co/NaGmChD8mH

[Andrew DiCapua @AndrewDiCap]

@duncandee LabQ is a great service! Quick and easy.

[Andrew DiCapua @AndrewDiCap]

@AndrewAulthouse Is the giant meteor the government?

[Andrew DiCapua @AndrewDiCap]

@stephen_tapp @MikePMoffatt Came across this chart in BOE December speech, tweeted by Adam Tooze. US now accounts for roughly 20% of all durable goods consumption in G7 countries. The US consumer is spending more and fast.

[Andrew DiCapua @AndrewDiCap]

@ExportDevCanada's Canadian Economic Recovery Tracker was released this morning. -2% below pre-pandemic levels. Most indices hold steady as a rise in COVID-19 cases temporarily sets back recovery. https://t.co/lLML0GNSmR

[Andrew DiCapua @AndrewDiCap]

I have a lot to say about this man. We've done some great work during his time at EDC. Steve is a talented professional who can send a good GIF in the process. He lifts his team up and doesn't take himself too seriously when in fact he is a brilliant individual. Good luck Steve!

[𝐒𝐭𝐞𝐩𝐡𝐞𝐧 𝐓𝐚𝐩𝐩 🇨🇦 🌎 @stephen_tapp]

Some personal news:

After four years as Deputy Chief Economist, this is my last week at EDC.

I’m proud of my work and what the Economics team has accomplished during my tenure.

Several initiatives are worth celebrating, including these to, highlight a few:

#CdnEcon

[Andrew DiCapua @AndrewDiCap]

@BruceAHeyman @SelectUSA @CommerceGov @USChamber @usembassyottawa Couldn't agree more. Thanks for doing the panel today!

[Andrew DiCapua @AndrewDiCap]

@ExportDevCanada ...restrictions tighten, consumer confidence still strong and spending continues. https://t.co/lLML0GNSmR #cdnecon

[Andrew DiCapua @AndrewDiCap]

@ExportDevCanada's Canadian Economic Recovery Tracker was updated today. A minor improvement from March but the third wave has slowed progress. Read the full report: https://t.co/lLML0GNSmR #cdnecon

[Andrew DiCapua @AndrewDiCap]

Great weather, great jobs report. Things are looking up but the outlook still remains uncertain... #CdnEcon

[𝐒𝐭𝐞𝐩𝐡𝐞𝐧 𝐓𝐚𝐩𝐩 🇨🇦 🌎 @stephen_tapp]

Good news #CdnEcon in February rebounded by 259,000 net new jobs (+1.4%), after falling by 266,000 over the previous two months.

But still a long way to go: ~600k fewer people working than pre-pandemic & 406k working less than half of their usual hours https://t.co/dCeBY2qmwB

[EDC @ExportDevCanada]

Read this report to better understand the opportunities and challenges for Canadian exporters ⤵️

[Andrew DiCapua @AndrewDiCap]

Services trade ended the year with a 1.9% decline in December. Services will continue to move along an L-shaped recovery path, due to COVID-19 measures and travel restrictions.

[Andrew DiCapua @AndrewDiCap]

Canada’s overall exports grew by 1% in December, with growth in goods (1.5%) and a decline in services (-1.9%). Here are the winners and losers in merchandise trade for 2020. #CdnEcon

[Andrew DiCapua @AndrewDiCap]

Canada’s economic recovery starts the new year with little momentum. See our latest release at https://t.co/lLML0GNSmR

[𝐒𝐭𝐞𝐩𝐡𝐞𝐧 𝐓𝐚𝐩𝐩 🇨🇦 🌎 @stephen_tapp]

...As promised, here's that latest reading of @ExportDevCanada's Canadian Economic Recovery Tracker (CERT).

Our CERT index continues its saw-tooth pattern due to rising COVID cases and lockdowns. As of January 8, it remains 24% pre-COVID levels. https://t.co/eOAKrpaypV #CdnEcon

[𝐒𝐭𝐞𝐩𝐡𝐞𝐧 𝐓𝐚𝐩𝐩 🇨🇦 🌎 @stephen_tapp]

#CdnEcon GDP release: monthly growth slows to start the fourth quarter, down to 0.4% in October from 0.8% in September.

November's flash estimate is similar at 0.4%.

Total economic activity remains about 4% below February's pre-pandemic level. https://t.co/GEmQIWlgOB