Insights

The slowing in year-over-year price growth to a 2.0% rate - the lowest since February 2021, and right in line with the Bank of Canada’s (BoC's) 2% inflation target - was largely driven by lower gasoline (and oil) prices but broader underlying inflation...

Amid rising rates of dementia, RBC Wealth Management helps Canadians prepare for—and enjoy—a long and healthy retirement.

The income earned by graduates has lagged tuition growth, particularly in fields such as engineering, architecture, and related sciences.

Growth in the third quarter is already looking to undershoot the BoC’s July forecast. We continue to expect another rate cut in October.

The 2.5% reading is the lowest since March 2021.

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.

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.

There hasn’t been this much rental housing under construction in Canada in a generation—which is encouraging news given the acute supply shortages across the country. But even more construction will be needed as rental demand continues to rise rapidly...

Gen AI holds the potential to get Canada’s economy growing again through accelerated innovation and productivity. The big question is whether Canadian businesses and public sector organizations will seize the moment.