Johnston Wealth Management

Canadian inflation outlook still murky but January CPI growth slowed

February 20, 2024 |Nathan Janzen and Abbey Xu

Canadian inflation outlook still murky but January CPI growth slowed Year-over-year CPI growth slowed to 3.2% in January from 3.4% in December. Energy and food price growth slowed, but the Bank of Canada’s preferred core measures of broader price pressure...

End of the correction? Canada’s housing market is warming up

February 14, 2024 |Robert Hogue

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...

Davos 2024: A year of creative destruction, or just destruction?

January 23, 2024 |John Stackhouse

The World Economic Forum is always a contradiction of hope and anxiety. This year’s version felt like peak paradox.

December inflation readings edged up on mixed details

January 16, 2024 |Claire Fan and Abbey Xu

Energy component pushed headline inflation reading higher with food price growth holding steady after slowing for 5 straight months. The BoC’s preferred core CPI measures bounced higher, although the breadth of inflationary pressures over the last three...

U.S. labour market ended the year with strength

January 05, 2024 |Claire Fan, Economist, Royal Bank of Canada

US labour market data ended 2023 with strength. Payroll employment was up 216k in December while the unemployment rate held at 3.7% after declining to that level the prior month. As was the case for much of the year, the employment gain in December was...

Canadian labour markets ended 2023 with a whimper

January 05, 2024 |Nathan Janzen, Assistant Chief Economist, Royal Bank of Canada

The December labour market data was mixed, but on balance adds to evidence that economic activity remained soft through Q4. Employment was essentially unchanged in December, the softest reading since a 6k decline last July. And the unemployment rate held...

Moderating US inflation pressures extended in November

December 12, 2023 |Claire Fan

US headline inflation ticked down to 3.1% in November from 3.2% in October. Food and energy inflation both eased while core ex-food and energy inflation was little changed at 4%. Lower gasoline prices in November pushed energy inflation down further to...

Black Friday spending surprised to the upside despite a softening macro backdrop

December 11, 2023 |Carrie Freestone

Retail sales ticked up in November in the midst of the holiday shopping period. Even after adjusting for inflation, real retail sales (excluding autos) were tracking an increase relative to October. Clothing stores and gasoline were responsible for the...

Video: The Wealthy Barber on why executors should rely on trustworthy professionals

November 29, 2023 |RBC Wealth Management

There’s a lot of advice online, and a lot of misinformation. If you’re an executor, get the right advice for you.

Video: Are you an executor? Three reasons why you should get help