Our forecast calls for headline inflation to rise somewhat above the Bank's 2% target next year as likely tariffs raise goods costs (see forecast). However, we don't expect that this is high enough to dissuade the BoC from cutting interest rates further. With an America-First agenda south ...
According to the median forecast of more than 30 currency analysts in the March poll, the Canadian dollar will strengthen 1.5% to 1.34 per U.S. dollar, or 72.63 U.S. cents, in three months' time, matching last month's forecast. It was then expected to rally to 1...
While the Bank of Canada's rate cuts have reduced concerns about mortgage payment shocks as a large portion of mortgage owners will have to renew next year, analysts noted the possibility of a rise in competition. Canadian consumers who signed a mortgage when rates ...
Forecasters expecting a quarter-point cut say Tuesday's report solidifies that prediction. "This heavy result should take some more steam outofthe call for another 50 basis-point rate cut from theBankofCanadain December. We have been in the 25 basis-point camp from the start and this repo...
as is seen in the data. We then imposed a second lockdown: only essential businesses open and minimal social activity. The model predicts a rapid drop in COVID cases and mortality, saving about 4,000 accumulated deaths compared to the forecast from the scenario without the second lockdown (...
Today(12/19/2024) 0°C Cloudy Feels like -5°C High 1°C Low -7°C Cloudy view complete forecast Advertisement 5 Stories continue below This advertisement has not loaded yet, but your article continues below. Subscriber only. Why the Canadian dollar could be stuck in a 'low-for-lon...
view complete forecast Stories continue below This advertisement has not loaded yet, but your article continues below. Local Businesses More Video Federal budget's clean-energy funding not enough to launch Inuit-led transmission project Clean electricity was the cornerstone of the last federal budget,...
As for pantry staples, the price of canned beans, pasta sauce and cooking oils have either become cheaper or remained stable, making it a good time to stock up. Canned tuna and salmon will become cheaper in the coming months, according to the forecast. ...
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EarningsMoving to the low end of F2024 EPS guidance. Financial PerformanceCanadian loan growth modest as CM prioritizes profitability. Market ActivityA less exciting quarter for Capital Markets. --- Financials Income Statement Balance Sheet Cash Flow ...