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

STM strike impacts Montreal’s lifeline is running on a drip. Since September 22, the Société de transport de Montréal (STM) has been operating a pared-back, rotating strike by roughly 2,400 maintenance workers, with sharply limited metro and bus service on Mondays, Wednesdays and Fridays through October 5. On

July GDP data After months of contraction, Canada’s economy inched forward in July. Real gross domestic product rose by 0.2 percent, slightly better than Statistics Canada’s early estimate, and a welcome reprieve after a spring defined by tariff shocks, wildfires, and slowing global demand. For staffing firms

RBC card spending data Canada’s consumers appear to be stepping more lightly as summer fades, and hiring firms are growing cautious. New data from a consumer‐spending tracker by RBC reveals that while spending remains overall positive, growth has decelerated. At the same time, labour market indicators—including the

Bank of Canada - interest rates cut When the Bank of Canada lowered its policy interest rate by 25 basis points to 2.50 percent on September 17, 2025, it was more than just arithmetic. It marked the country’s first rate cut in six months, and while modest in

Trade data & an anticipated meeting When Canadian Prime Minister Mark Carney walked into the Oval Office on October 7, the optics were conciliatory, but the stakes remained high. President Donald Trump praised Carney as a “world-class leader,” stopping short of any immediate trade accord. Yet their meeting underscored a