Proof Point: Weak productivity is threatening Canada’s post-pandemic wage growth

 February 28, 2024 |Nathan Janzen
Canadian wage growth has been unusually high, but looks more modest when measured against surging inflation and relative to acute labour shortages earlier in the pandemic recovery. Now lagging productivity in Canada (along with a softening labour market...
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What is the First Home Savings Account (FHSA) and is it right for you?

 February 27, 2024 |Curtis Grainger Jason Fields
With the RRSP Deadline coming this week (Feb 29th this year) we wanted to bring to our clients attention a new investment vehicle that the federal government announced in mid 2023. The First Home Savings Account is a new investment account to help younger...
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RBC Canadian Inflation Watch

Canadian inflation outlook still murky but January CPI growth slowed

 February 20, 2024 |Nathan Janzen and Abbey Xu
Canadian inflation outlook still murky but January CPI growth slowed Year-over-year CPI growth slowed to 3.2% in January from 3.4% in December. Energy and food price growth slowed, but the Bank of Canada’s preferred core measures of broader price pressure...
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End of the correction? Canada’s housing market is warming up

End of the correction? Canada’s housing market is warming up

 February 14, 2024 |Robert Hogue
It may be the unusually mild weather or the modest drop in fixed mortgage rates since November—or both—but Canadian house hunters have more energy this winter. Importantly, they’re landing more deals. Home resales in Canada increased for the second month...
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U.S. Fed holds rates unchanged again

 February 01, 2024 |Curtis Grainger Jason Fields
For this weeks blog post we have an article from Nathan Janzen, with RBC Economics, providing more detail about the recent decision by the US Federal Reserve to hold its over night rates. U.S. Fed holds rates unchanged again The U.S. Fed (as expected)...
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