Canada Rapid Response Canada Labour Force Survey (Aug.) The rebound in employment and larger increase in hours worked in August suggest the economy bounced back following some of the temporary disruptions in June and July, thereby reducing the chance of a... 8th September 2023 · 2 mins read
Canada Rapid Response Canada GDP (Q2) The surprise contraction in second-quarter GDP leaves little doubt that the Bank of Canada will keep interest rates unchanged next week. With the fall in monthly GDP in June and the apparent... 1st September 2023 · 3 mins read
Canada Rapid Response Consumer Prices (Jul.) While the continued above-target gains in the CPI-trim and CPI-median core measures may cause some concern for the Bank of Canada, there were still some encouraging disinflationary signs in the July... 15th August 2023 · 3 mins read
Canada Rapid Response Canada GDP (May) Despite the rebound in GDP in May, growth in the second quarter looks set to be weaker than expected. With some of the factors supporting GDP set to unwind, third-quarter growth is also likely to come... 28th July 2023 · 2 mins read
Canada Rapid Response Canada Labour Force Survey (Jun.) The surge in employment in June was not quite as strong as it looks, with hours worked essentially unchanged last month, but still suggests that another rate hike at the Bank of Canada’s meeting next... 7th July 2023 · 2 mins read
Canada Rapid Response Canada GDP (Apr.) The stagnation in GDP in April was weaker than expected but, with the preliminary estimate pointing to a sharp rise in GDP in May, quarterly growth should still be a touch higher than the Bank of... 30th June 2023 · 2 mins read