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Households’ debt burden rises again and the debt-service ratio is marginally higher
The labour market deteriorates further, putting pressure on the BoC to cut in September
Core inflation remains sticky, leaving the BoC in wait-and-see mode
Insolvencies rose in June and have been relatively stable over the past year
Employment drops in July, but mind the seasonality
With higher economic activity in June, Canada may have avoided a recession
Bank of Canada: On hold, but willing to cut if underlying inflationary pressures ease
Housing activity improves, as the extreme uncertainty eases somewhat
Insolvencies remain on a declining trend in May, despite the trade shock
Core inflation remains a concern for the BoC, meaning no cut in July
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