Canada Rapid Response Canada Labour Force Survey (Aug. 2026) The sharp 41,700 fall in employment in August and further slowdown in wage growth pushes back against the idea that the economy has decisively turned a corner, and leaves the Bank of Canada’s hawkish... 4th September 2026 · 2 mins read
Canada Rapid Response Canada International Trade (July 2026) The sharp narrowing of the goods trade surplus in July was not only a price effect from lower energy and metal prices, as export volumes fell too, implying that net trade was a drag on GDP at the... 3rd September 2026 · 2 mins read
Canada Rapid Response Bank of Canada Policy Announcement (Sep. 2026) The Bank of Canada delivered a more hawkish message alongside its policy rate announcement today, noting that “the upside risks to inflation have increased” and it is “prepared to adjust monetary... 2nd September 2026 · 2 mins read
Canada Rapid Response Canada GDP (Q2 2026 and Jun.) The breakdown of second-quarter GDP growth was even better than the solid 3.3% annualised gain might suggest, although the preliminary estimate of unchanged GDP in July and the headwinds from new US... 28th August 2026 · 2 mins read
Canada Rapid Response Canada Unveils Retaliatory Tariffs and Relief Package The retaliatory tariffs announced today largely match the Section 338 tariffs imposed on Canada last week, reflecting a response which is politically popular but economically insignificant – and... 25th August 2026 · 3 mins read
Canada Rapid Response Canada Retail Sales (Jun. 2026) The 1.5% m/m jump in retail sales volumes in June confirms solid momentum in consumer spending heading into the third quarter, though the weak July advance estimate suggests that the renewed rise in... 21st August 2026 · 2 mins read
Canada Rapid Response Canada Consumer Prices (Jul. 2026) While core prices rose at their strongest pace in almost a year in July, the key drivers were temporary factors and the annual rate remained at the Bank of Canada’s 2% target. The key message... 17th August 2026 · 2 mins read
Canada Rapid Response Canada Manufacturing Sales (Jun. 2026) Another broad-based rise in manufacturing sales in June poses upside risks to an already punchy second-quarter GDP estimate and, paired with recent strength in the labour market, leaves soft core... 14th August 2026 · 2 mins read
Canada Rapid Response Canada Labour Force Survey (Jul. 2026) The surge in employment in July following last week’s strong preliminary second-quarter GDP growth estimate is further evidence that the economy is gaining momentum after a weak start to the year... 7th August 2026 · 2 mins read
Canada Rapid Response Canada International Trade (Jun. 2026) The continued rise in the trade surplus was largely attributable to a jump in gold exports, although there were still genuine pockets of strength in the external sector. This offset a drop in oil... 4th August 2026 · 2 mins read
Canada Rapid Response Canada GDP (May 2026) Strong Q2 brings rate hikes slightly closer The preliminary estimate of a 3.2% annualised rebound in GDP growth last quarter was even stronger than the Bank of Canada’s latest projection from the July... 31st July 2026 · 2 mins read
Canada Rapid Response Canada Retail Sales (May 2026) Consumers unphased by higher gasoline prices The rise in retail sales volumes in May and flash estimate of another solid gain in June suggests households have shrugged off higher gasoline prices... 23rd July 2026 · 1 min read
US Rapid Response US Outlines New Tariffs on Canada President Trump’s set of proclamations imposing 50% tariffs on goods imported from Canada are not as broad as the initial media reports suggest, with the included item codes covering only 5% of goods... 21st July 2026 · 3 mins read
Canada Rapid Response Canada Consumer Prices (Jun. 2026) The Bank of Canada will be pleased to see core price pressures remained subdued last month, even with some FIFA World Cup-related boost. With Governing Council reiterating their willingness to look... 20th July 2026 · 2 mins read
Canada Rapid Response Bank of Canada Policy Announcement (Jul. 2026) The Bank's messaging accompanying its decision to leave interest rates unchanged at 2.25% in July suggests it has no intention of responding to energy-driven inflation with higher interest rates... 15th July 2026 · 2 mins read
Canada Rapid Response Canada Manufacturing Sales (May 2026) The rise in manufacturing sales in May was accompanied by a surge in new and unfilled orders, confirming that the sector remains in a cyclical upswing despite punitive US sector-specific tariffs. 15th July 2026 · 2 mins read