Today’s inflation report shows higher gas prices may temporarily push inflation higher while putting more pressure on household budgets.
Policymakers will be watching closely and could tighten again if price pressures become broader or more persistent. https://t.co/CqW7TBEhG4
The Bank of Canada has shown its willingness to support the Canadian economy. The Bank continues to look through the inflationary impact of the war in Iran while keeping a close eye on the broader economic outlook. https://t.co/quWEibgOs2
Canadian employment surged by 87,800 in May, marking the strongest monthly gain since 2024. Today’s Labour Force Survey helps ease recession concerns and shows that the Canadian economy continues to display resilience.
https://t.co/l6RWh9rlOC
Weaker-than-expected GDP data continues to paint a cooler picture of the Canadian economy. With U.S. tariffs still putting pressure on some businesses, the Bank of Canada is widely expected to remain on hold at its June 10th announcement meeting. https://t.co/vyVaVCUjMG
The longer the Strait of Hormuz remains closed, the longer energy prices may stay elevated. Overall, the April data supports the view that the Bank of Canada may remain on the sidelines for the rest of 2026. https://t.co/gGLlPyPPeE
Canada’s housing market saw a slight pickup in April, but buyer confidence remains fragile. With ongoing geopolitical uncertainty and shifting economic conditions, some buyers appear to be taking a wait-and-see approach before making a purchase decision. https://t.co/i1ddMIf2BR
Canada’s labour market showed signs of cooling in April. This marks the second straight month of limited movement after February, suggesting that hiring momentum may be starting to slow. For the BoC, this is another data point to watch closely. https://t.co/Z2BSeGfJu7
The Bank of Canada held its policy rate steady at 2.25%. Inflation is sitting at 2.4%, while core inflation has eased to 2.0%. Despite ongoing geopolitical tension and the inflationary pressure, the Bank is choosing to look through short-term volatility. https://t.co/ICwsOctZGN
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Canada’s headline inflation rose as expected, driven by the war in Iran and the resulting spike in oil prices. Both the Bank of Canada and the U.S. Federal Reserve are expected to hold rates steady at their next announcements on April 29. https://t.co/IIkWombp6j
Home sales showed little change in March as geopolitical tensions and an uncertain ceasefire in Iran have led many potential buyers to hit pause button. With fixed rates rising since the conflict began it’s no surprise that buyer confidence has softened. https://t.co/G49Vi8e3FB
Employment experienced a slight increase in March; however, geopolitical uncertainty remains the primary concern. It is anticipated that the Bank of Canada will maintain its current stance during the upcoming meeting. https://t.co/KvyKBPezDp
The Bank of Canada has decided to maintain the policy rate at 2.25%. With inflation remaining just under 2%. This decision is made while assessing the inflationary impacts stemming from the ongoing war in Iran. https://t.co/4jJDsXyMaN
Inflation softened last month, which is positive news, especially ahead of the potential impacts from the Iran war. The Bank of Canada is expected to remain on the sidelines Wednesday despite the recent the oil price shock. https://t.co/9UjuyQKihc
The war in Iran has had profound effects on the global economy. This is likely complicate the Bank of Canada's future monetary policy path but markets and economists expect officials to hold the policy rate steady at 2.25% on March 18th. https://t.co/ZDItNiINBS
Weaker-than-expected Q4 GDP figures might typically lead to an easing move by the Bank of Canada. However, the Governing Council has clearly stated its ongoing concerns about inflation. https://t.co/nOlTHHzuDI
Today’s data wraps up a year where house prices drifted lower — even as interest rates fell. Ongoing trade tensions with our largest trading partner fueled unemployment and job uncertainty. https://t.co/3Cekdc98te
Inflation pressures are easing, but this report alone won’t trigger a rate cut on March 18. What the Canadian economy really needs is clarity around the future of the Canada-Mexico-United States (CUSMA) trade agreement.
https://t.co/4XAPUGEkpk
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