Forceful BoC surprises with 100 bp hike

July 14, 2022 |Josh Nye
100 bp hike topped widespread expectations for a 75 bp increase BoC front-loading the path to higher rates amid excess demand, high inflation and rising inflation expectations “Interest rates will need to rise further”; we see 3.25% policy rate by October...
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Immigration Nation: New Canadians are vital to an aging society

June 29, 2022 |Nathan Janzen, Claire Fan and Carrie Freestone

A wave of new Canadians is coming—and just in time.

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Canada's housing markets rebalancing fast

June 09, 2022 |Robert Hogue
The wind is definitely shifting—and becoming a lot chillier—for Canada’s housing market. Toronto, Vancouver, Montreal, Ottawa and Hamilton were among the areas experiencing significant pullbacks in home resale activity in May. For many of them this represented...
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Bank of Canada hikes interest rates another 50 bps and isn’t done yet

June 01, 2022 |Josh Nye, Senior Economist, RBC Economics

Rate hike is the second in a row from the Bank of Canada.

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Canadian inflation elevated but may be close to peak

May 18, 2022 |Claire Fan

We expect higher interest rates, both in Canada and abroad, will ultimately begin to cool demand and price pressures as the year progresses.

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Higher inflation and tight labour markets raise odds of faster rate hikes

April 04, 2022 |Josh Nye

The tightening we expected over the next two years is now likely to come by the end of 2022.

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Budget 2022: Will Ottawa rise to Canada's growth challenge?

March 31, 2022 |Cynthia Leach and Josh Nye
Finance Minister Chrystia Freeland said Budget 2022 would be about boosting Canada’s long term economic growth. But her next fiscal blueprint risks being consumed by more immediate demands. The sharply rising cost of living, Russia’s invasion of Ukraine...
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Quebec budget 2022: Focusing on the present and the future

March 23, 2022 |Robert Hogue

Last-minute spending spree to help with soaring cost of living.

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Provincial economies face new challenges as pandemic threat fades

March 10, 2022 |Robert Hogue and Carrie Freestone

Alberta, Saskatchewan and British Columbia top our growth rankings

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Unleashing Opportunity: The economic gains in narrowing Canada’s racial wealth gap

January 13, 2022 |Rannella Billy-Ochieng
The Insights Net wealth gains have not been distributed equally during the pandemic, particularly among visible minority groups already at a disadvantage heading into the crisis. Visible minorities have benefitted less from a record surge in household...
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