Core inflation remains a concern for the BoC, meaning no cut in July

A surge in employment likely to put the BoC on hold in July

The economy likely contracted in Q2, but the worst may have passed

Core inflation eased in May, but not enough to alleviate the BoC’s concerns

Retail sales take a tumble in May due to trade uncertainty

Households’ debt burden rises, but the debt-service ratio is unchanged despite lower rates

A sharp rise in insolvencies in April could be the start of a new trend

The labour market remains weak, despite some resilience

Bank of Canada: On hold, as underlying inflation worries supersede a slowing economy

Strong start to 2025, but there are weaknesses below the surface