The BIG Picture

Federal government efforts to limit non-permanent resident arrivals will likely slow the pace of gross domestic product growth in 2025 and beyond. However, per-capita GDP, the unemployment rate, broader inflation pressures, and interest rate expectations...

Global equities have continued to perform well as of late. But more noteworthy has been the breadth of the rally, with a variety of sectors, and not just technology, enjoying significant gains.

Markets have trended higher in recent weeks, with performance in regions outside the U.S. being notably stronger.

The Bank of Canada (BoC) held the overnight rate unchanged for a fifth consecutive meeting, extending a pause that started after the last hike in July last year. 

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...

Global equity markets have come out swinging start to the year. U.S. economic data has exceeded expectations, with the latest inflation reading suggesting a modest uptick in price pressures.

Geopolitical tensions and policy uncertainty are driving inflation risks. We look at the potential role of fixed income in portfolio positioning.

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...

The global equity market is off to a reasonably good start this year, driven once again by the U.S. market and large-cap technology stocks.