Three reasons why 2024’s 2% inflation isn’t 2019’s 2%

September 25, 2024 |Frances Donald, Nathan Janzen and Abbey Xu

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.

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Canadian inflation pressures eased further in August

Canadian inflation pressures eased further in August

September 17, 2024 |Nathan Janzen and Abbey Xu
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...
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Proof point: Financial returns after a post-secondary education have diminished

Proof point: Financial returns after a post-secondary education have diminished

September 12, 2024 |Rachel Battaglia and Abbey Xu

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

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Bank of Canada cuts interest rate, hones in on downside risk

Bank of Canada cuts interest rate, hones in on downside risk

September 04, 2024 |Claire Fan

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

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Disclosures

This email list offers general information only and is not intended as legal, financial or other professional advice. While any information presented is believed to be factual and current, its accuracy is not guaranteed and it should not be regarded as a complete analysis of the subject(s) discussed. There is no direct financial or investment advice included in these columns, as financial advice must be given within the context of your personal financial situation and while considering your unique goals and objectives. To discuss your specific situation, please contact me at rane.brennan@rbc.com.