The U.S. economy is exposed and vulnerable … what’s next?

April 02, 2020 |Kelly Bogdanova

We explore the economic scenarios that could unfold depending on the path the virus takes and the different ways the recovery could play out in 2021.

Read more

A tough but temporary blow to Canada’s housing market

March 30, 2020 |Robert Hogue
Housing trends and affordability - COVID-19 edition Highlights: Pandemic has soured the outlook almost overnight: Social distancing and the economic shock will cut home sale activity to a trickle near term. The timing and speed of the eventual rebound...
Read more
Canadian flag markets

Canadian dollar weakened but not headed for historical lows

March 28, 2020 |Josh Nye

Canadian dollar traded below 70 cents this week, but don't dust off “Northern Peso" references

Read more

BoC cuts rates and joins the QE club

March 27, 2020 |Josh Nye

The Bank of Canada lowered its overnight rate to 0.25% this morning and launched a new program of weekly government bond purchases that represents the bank’s first foray into quantitative easing.

Read more

US jobless claims off the charts

March 27, 2020 |Robert Hogue

Today's initial claims figure was at the upper end of the wide range of market expectations.

Read more

Ontario takes out big guns to fight COVID-19

March 26, 2020 |Robert Hogue

The Ontario government yesterday was the latest to unveil a hefty $17 billion action plan (1.9% of GDP) to tackle the COVID-19 pandemic.

Read more

Federal fiscal support: phase one done but a long way to go

March 25, 2020 |RBC Economics

Canada's phase one of the COVID-19 fiscal stimulus was launched only a week ago and already it appears that it isn't enough.

Read more

Reflection of reality

March 24, 2020 |Global Portfolio Advisory Committee
The serious human toll and adverse economic and financial market consequences of COVID-19 continue to mount as the virus spreads further throughout North America and penetrates deeper in Europe. As a result, the global equity selloff has persisted with...
Read more

Canada’s economy enters uncharted waters

March 24, 2020 |RBC Economics
Canada's economy faces hit from COVID-19 and oil price plunge In early March we released a forecast that looked for Canada’s economy to suffer a short, sharp decline in activity. The spread of COVID-19, the imposition of social-distancing measures and...
Read more

COVID-19’s threat to Canada’s vulnerable workers

March 23, 2020 |Andrew Agopsowicz

Measures to stem the spread of COVID-19, while essential to protect the population, have temporarily wiped out demand for services, taking an immediate heavy toll on Canadian labour markets.

Read more