When Donald Trump announced yet another wave of tariffs on Canadian goods, it served as a sharp wake-up call. For decades, Canada’s economic map has pointed south: roughly three-quarters of its exports head to the U.S., and large chunks of its manufacturing, energy and resource flows move across
The Bank of Canada’s latest decision to lower its policy rate to 2.25 percent marks a delicate moment in Canada’s post-pandemic economic recovery. The move, which brings the rate to the lower bound of what the Bank considers a “neutral range,” reflects an economy that is neither
The Bank of Canada’s latest decision to lower its policy rate to 2.25 percent marks a delicate moment in Canada’s post-pandemic economic recovery. The move, which brings the rate to the lower bound of what the Bank considers a “neutral range,” reflects an economy that is neither
When Donald Trump announced yet another wave of tariffs on Canadian goods, it served as a sharp wake-up call. For decades, Canada’s economic map has pointed south: roughly three-quarters of its exports head to the U.S., and large chunks of its manufacturing, energy and resource flows move across
For the staffing industry in Canada, the latest Business Outlook Survey (BOS) from the Bank of Canada offers a cautious narrative: yes, sentiment is inching upward, but the underlying conditions remain far from robust. That leaves staffing firms in a “waiting-for-lift-off” posture rather than one of full-throttle hiring.
According to
In a moment when many had braced for economic softening, a new report from BMO offers a more optimistic (if still cautious) note: Canadian consumers, across the income spectrum, stepped up in the second quarter, helping to prop up growth even as other parts of the economy faltered.
The report,
Canada’s Ivey Purchasing Managers Index surged to 59.8 in September (seasonally adjusted), signaling a strong rebound in procurement activity. Above 50 indicates expansion, and September’s jump suggests many organizations resumed or accelerated buying after a sluggish summer. Among the sub-indices, employment nudged back above the 50 threshold,
Canada’s economy is entering a new phase: one that feels neither like a downturn nor a recovery, but something in between. The latest Financial Markets Monthly from RBC, titled “Central Banks Cut as Trade Walls Rise,” offers a clear signal: the era of steady expansion has given way to