by Don Breckenridge | Dec 7, 2022 | The Real Economy
RESOURCE Bank of Canada increases policy rate to 4.25%REAL ECONOMY BLOG | December 07, 2022Authored by RSM CanadaThe Bank of Canada raised its policy rate by 50 basis points to 4.25% on Wednesday, the seventh consecutive increase since March. The central bank’s...
by Don Breckenridge | Sep 9, 2022 | The Real Economy
RESOURCE Canada's jobless rate rises off its record lowREAL ECONOMY BLOG | September 09, 2022Authored by RSM CanadaCanada lost 40,000 jobs in August, bringing the unemployment rate up to 5.4% from its record low in July as construction and education led the...
by Don Breckenridge | Aug 30, 2022 | The Real Economy
RESOURCE After a strong recovery in Canada, economic headwinds set inREAL ECONOMY BLOG | August 30, 2022Authored by RSM CanadaThe Canadian economy has had a robust recovery from the lockdowns of the pandemic as pent-up consumer demand and generous government spending...
by Don Breckenridge | Jul 20, 2022 | The Real Economy, Uncategorized
RESOURCE Canada inflation hits 8.1% but shows signs of softeningREAL ECONOMY BLOG | July 20, 2022Authored by RSM CanadaInflation reached 8.1% in June in Canada, the highest since January 1983, although the pace of the increase eased compared to previous months,...
by Don Breckenridge | Jul 13, 2022 | The Real Economy
RESOURCE Bank of Canada raises its policy rate by 1% to tame inflationREAL ECONOMY BLOG | July 13, 2022Authored by RSM CanadaThe Bank of Canada announced a 100-basis-point rate hike on Wednesday, the largest increase since 1998, in an attempt to restore price...
by Don Breckenridge | Jul 8, 2022 | The Real Economy
RESOURCE Canada's unemployment rate hits record low, even as economy sheds jobsREAL ECONOMY BLOG | July 08, 2022Authored by RSM CanadaBucking a trend of continuous job gains since January, Canada lost 43,000 jobs in June as the unemployment rate hit another record low...
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