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Tag: Canadian Economy

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Survey Suggests Bank of Canada’s Neutral Rate May Settle at 2.75%
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Survey Suggests Bank of Canada’s Neutral Rate May Settle at 2.75%

  • Noah Perreault
  • 5 November 2024
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The financial market anticipates that the Bank of Canada will reduce its policy rate to 2.75% by June 2025 and hold it steady through the […]

Canada’s food prices surge faster than overall inflation
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Canada’s food prices surge faster than overall inflation

  • Noah Perreault
  • 16 October 2024
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Although inflation is easing, fall barbecues will still hit your wallet hard. For the second consecutive month, grocery prices in Canada have risen faster than […]

Dollarama’s Second Quarter Sales Surge: More Canadians Turning to Discount Stores Amid Rising Costs
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Dollarama’s Second Quarter Sales Surge: More Canadians Turning to Discount Stores Amid Rising Costs

  • Noah Perreault
  • 13 September 2024
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Discount retailer Dollarama has reported a surge in both profit and sales for the second quarter, reflecting a growing trend of Canadians turning to discount […]

Economists Predict Bank of Canada Will Accelerate and Deepen Interest Rate Cuts Over the Next Year
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Economists Predict Bank of Canada Will Accelerate and Deepen Interest Rate Cuts Over the Next Year

  • Noah Perreault
  • 29 August 2024
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Economists predict that the Bank of Canada will cut interest rates for a third consecutive meeting next week, continuing a steady downward trend in borrowing […]

Inflation Rate Declines, Strengthening Case for Bank of Canada Rate Cut
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Inflation Rate Declines, Strengthening Case for Bank of Canada Rate Cut

  • Noah Perreault
  • 21 August 2024
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Canada’s inflation rate is steadily returning to the Bank of Canada’s 2 percent target, strengthening the case for the central bank to cut interest rates […]

Canadian Unemployment Continues to Rise as Job Growth Lags Behind Population Increase
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Canadian Unemployment Continues to Rise as Job Growth Lags Behind Population Increase

  • Noah Perreault
  • 9 June 2024
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Canada’s Labor Market Struggles to Keep Pace with Population Growth According to the latest Labor Force Survey (LFS) released by Statistics Canada (Stat Can), employment […]

How Much Will the Bank of Canada Cut Interest Rates in 2024?
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How Much Will the Bank of Canada Cut Interest Rates in 2024?

  • Noah Perreault
  • 27 May 2024
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Dawn Desjardins, senior economist at Deloitte Canada, discusses the implications of the latest inflation data for the Bank of Canada and interest rates with Financial […]

A recent report states that Canada’s economy now experiences reduced levels of competition compared to the past.
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A recent report states that Canada’s economy now experiences reduced levels of competition compared to the past.

  • Noah Perreault
  • 20 October 2023
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An examination of two decades of data reveals that competition is deteriorating rather than improving, according to the Competition Bureau. Canada’s Competition Bureau, the federal […]

Canada’s inflation rate surges to 4%.
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Canada’s inflation rate surges to 4%.

  • Noah Perreault
  • 20 September 2023
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Last month, Canada witnessed a notable surge in its inflation rate, reaching an annual pace of four percent, primarily attributable to a spike in gasoline […]

Yearly increments in grocery prices persistently surpass Canada’s overall inflation rate.
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Yearly increments in grocery prices persistently surpass Canada’s overall inflation rate.

  • Noah Perreault
  • 16 August 2023
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Grocery costs are maintaining a steady increase, surpassing the overall inflation rate on an annual basis. However, analysts anticipate a gradual moderation in these price […]

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