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Lori MacDonald || July 19, 2023

Headline inflation slows more than expected to 2.8% in June

Canada’s headline inflation rate continued to ease in June, falling to a rate of 2.8%, slower than the 3.4% pace recorded in May.It also came in below forecasts, with a consensus of economists...

Lori MacDonald || July 05, 2023

Are we finally nearing the end of this rate-hike cycle?

Interest rates are front and centre these days, and for good reason. Despite a two-meeting rate pause by the Bank of Canada, the central bank resumed its rate hikes in June, sending interest costs...

Lori MacDonald || June 23, 2023

Economic brief: OSFI increases capital buffer requirement for Canadian banks

Canada's banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), hasannouncedan increase in the capital buffer requirement for the country's largest banks.Effective...

Lori MacDonald || June 16, 2023

Mortgage interest now one of the biggest drivers of inflation

In a twist of irony, the Bank of Canada’s interest rate hikes—meant to slow the economy and bring down inflation—are now one of the leading upward contributors to inflation.Mortgage interest costs...