Inflation keeps on slowing in Canada in July

Inflation keeps on slowing in Canada in July

August 20, 2024 |Claire Fan and Abbey Xu

The 2.5% reading is the lowest since March 2021.

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Bi-weekly Client Letter 2024-08-09

August 09, 2024 |Elizabeth Arseneau
Global equity markets have recently retraced some of their year-to-date gains, while government bond yields have fallen (i.e., higher bond prices), as investors gravitated towards the safety of high-quality bonds. This market action can be attributed...
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Bi-weekly Client Letter 2024-07-26

July 26, 2024 |Elizabeth Arseneau
First and foremost, our thoughts go out to those that have been impacted by recent wildfires, in particular those in Jasper National Park. On the investing front, it has been an eventful few weeks. The Bank of Canada cut interest rates for the second...
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Bank of Canada follows up with a second rate cut of 2024

Bank of Canada follows up with a second rate cut of 2024

July 24, 2024 |Claire Fan

After a first interest rate cut in June, the Bank of Canada (BoC) again lowered its key overnight rate by 25 basis points at its meeting Wednesday, to 4.5%. The move was in line with market and our own expectations ahead of the announcement.

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RBC Canadian Inflation Watch

Slowing inflation in June sets the table for a July rate cut from Bank of Canada

July 16, 2024 |Claire Fan and Abbey Xu

The latest Business Outlook Survey largely confirmed further normalizing in a few key areas that the central bank has deemed critical to future inflation trends.

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Bi-weekly Client Letter 2024-06-28

June 28, 2024 |Elizabeth Arseneau
Global equities have been somewhat directionless over the past few weeks. One notable development was the Canadian inflation report for May, which was higher than expected for the first time this year. This has moderately reduced expectations for a July...
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Bi-weekly Client Letter 2024-06-14

June 14, 2024 |Elizabeth Arseneau
Global equities have been a bit more mixed of late with Canadian and European equities weaker in recent weeks, though year-to-date gains remain respectable. Meanwhile, the U.S. equity market continues to display strength, driven by the large-cap technology...
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Bank of Canada set to make the first interest rate cut of easing cycle

June 04, 2024 |Nathan Janzen and Claire Fan
Evidence has continued to build that the current high level of interest rates is no longer needed. All ducks appear to be in a row for the Bank of Canada (BoC) to kick-start the policy easing cycle and lower the overnight rate by 25 basis points to 4...
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Bi-weekly Client Letter 2024-05-31

May 31, 2024 |Elizabeth Arseneau
Investor attention has turned to Canada over the past few weeks due to a slew of economic releases and earnings reports from Canadian banks. Below, we discuss key takeaways from these developments and reflect on the Canadian equity market’s performance...
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Bi-weekly Client Letter 2024-05-17

May 17, 2024 |Elizabeth Arseneau
May has been a noticeably better month for global markets, largely fueled by data from the U.S. A weaker pace of job growth and inflation numbers that did not show the kind of acceleration seen in prior months have rekindled hopes that the U.S. Federal...
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