Blog

The influx is continuing to build inventory—which is still hovering near the equivalent of four months of supply.

The Fed has finally aggressively lowered interest rates. While a steeper yield curve reflects the market’s optimism that rate cuts will shore up the economic outlook, further steepness could be a sign the Fed will cut rates deeply, likely due to a re

Canada is back at 2% inflation, but it’s too soon to pop the champagne. What’s driving prices now looks very different from before the pandemic.

Dear Friends, I hope you had a great weekend. The U.S. Federal Reserve cut interest rates last week, joining many other major developed central banks who have started to reduce interest rates in recent months. Another important development was the notable...

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...

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

Dear Friends, I hope you had a great weekend. A continued decline in inflationary pressures, coupled with ongoing signs of a cooling Canadian economy, prompted the Bank of Canada (BoC) to make its third consecutive interest rate cut last week. It’s widely...

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

Dear Friends, I hope your weekend was a good one. This past Friday I was privileged to participate in the Regional Chair's Charity Golf Tournament once again. Alongside several of my RBC colleagues, we supported this special event that benefits so many...