Shelly Kaushik

Retail sales rebound in April, but warning signs point to slowdown ahead

June 20, 2025 No Comments

While April marked a second month of gains, early data for May suggests the rebound is already faltering amid trade tensions and weakening demand.

CIBC: Record trade deficit supports BoC cuts in July, September

June 5, 2025 No Comments

Canada’s merchandise trade deficit ballooned to a record $7.1 billion in April, prompting CIBC to say the economic hit supports interest rate cuts at the Bank of Canada’s next two meetings.

Economists predict inflation falling below 2 per cent

Economists predict inflation dipped below two per cent in September

October 14, 2024 No Comments

Economists expect inflation continued its downward trend last month, giving the Bank of Canada the all-clear to continue cutting its benchmark interest rate.

Rate cut showdown: 25 or 50 bps? Economists split on Bank of Canada’s next move

October 11, 2024 No Comments

Strong employment results for September have tempered Bank of Canada rate cut expectations for later this month.

Consumer spending cools in Q2 as retail sales drop 1.8%

August 23, 2024 No Comments

The latest pullback in Canadian retail sales leaves the door open for another Bank of Canada rate cut on September 4.

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