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Category: Economic Insights (8 posts)

Canada Finished 2024 on a Stronger Note, But Tariffs Remain a Concern

Canada Finished 2024 on a Stronger Note, But Tariffs Remain a Concern

February 28, 2025 | Posted by: Gabriel Da Silva

Canada Finished 2024 on a Stronger Note, But Tariffs Remain a ConcernThis morning, Statistics Canada released the GDP data for the final quarter of last year, showing a stronger-than-expected increase ...

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Bank of Canada Cuts Policy Rate By 25 BPs

Bank of Canada Cuts Policy Rate By 25 BPs

January 29, 2025 | Posted by: Gabriel Da Silva

The Bank of Canada (BoC) reduced the overnight rate by 25 basis points this morning, bringing the policy rate down to 3.0%. The market had anticipated a nearly 98% chance of this 25 basi ...

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The Impact of Tariffs on Canadian Housing Markets

The Impact of Tariffs on Canadian Housing Markets

January 20, 2025 | Posted by: Gabriel Da Silva

The Impact of Tariffs on Canadian Housing Markets Today is President Trump's inauguration day in the US, and contrary to earlier threats, officials hav ...

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Bank of Canada Cuts Policy Rate By 50 BPs October 23,2024

Bank of Canada Cuts Policy Rate By 50 BPs October 23,2024

October 23, 2024 | Posted by: Gabriel Da Silva

Bank of Canada Cuts Policy Rate By 50 BPs After three consecutive 25 bp rate cuts, the BoC slashed the overnight rate by 50 bps this morni ...

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Canadian Home Sales Edge Upward In September

Canadian Home Sales Edge Upward In September

October 16, 2024 | Posted by: Gabriel Da Silva

Canadian Housing Market Stuck In A Holding Pattern Following the Bank of Canada’s third interest rate cut of the year, national home sales increa ...

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Canadian Housing Market Stuck In A Holding Pattern

Canadian Housing Market Stuck In A Holding Pattern

September 18, 2024 | Posted by: Gabriel Da Silva

Canadian Housing Market Stuck In A Holding Pattern National home sales increased in June following the Bank of Canada’s first interest rate cut sin ...

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Weaker-Than-Expected August Jobs Report Raises Prospect Of Larger Rate Cuts

Weaker-Than-Expected August Jobs Report Raises Prospect Of Larger Rate Cuts

September 11, 2024 | Posted by: Gabriel Da Silva

Weaker-Than-Expected August Jobs Report Raises Prospect Of Larger Rate Cuts Statistics Canada released August employment data today, showing continued gr ...

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Bank of Canada Cuts Rates Another Quarter Point

Bank of Canada Cuts Rates Another Quarter Point

September 5, 2024 | Posted by: Gabriel Da Silva

Bank of Canada Cuts Rates Another Quarter Point Today, the Bank of Canada cut the overnight policy rate by another 25 basis points to 4.25%. This is th ...

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