The note aims to provide some rough rules of thumb derived from our macroeconometric model for estimating the impact of potential tariffs on the economy, inflation, interest and exchange rates in ...
Eat, shop, and not necessarily in that order. American Thanksgiving on Thursday and the 1pmET (NYSE) and 2pmET (bond market) closes the day before will likely mean that most of the week’s developments ...
In September, retail and wholesale activity signaled a further contraction in consumption. Retail sales dropped for the fifth consecutive month, this time by -1.5% y/y (vs -1.2% expected, -0.8% ...
The current disruption in Canada Post services may affect delivery delays for items such as statements, bills and invoices from companies you work with. To minimize disruption, we recommend setting up ...
Canada’s consumers are alive and kicking and on track to post the strongest back-to-back quarterly gains in retail sales volumes in a decade (chart 1). The last time we saw 5%+ quarterly annualized ...
The main market driver this morning comes to us from the Eurozone where a sharp weakening in the PMIs has prompted accelerated bets on ECB policy easing. Pricing for the December 12 th ECB meeting ...
Budget balance forecasts: $4.6 bn (1.0% of nominal GDP) in FY25—an improvement of $4.2 bn versus Budget 2024 (chart 1). Net debt: revised down by $4 bn in FY25; as a share of nominal output, net debt ...
Pour limiter les perturbations, nous vous conseillons de vous inscrire aux modes de paiement électronique, comme le dépôt direct, les télévirements et le Virement Interac. Nous vous suggérons ...