Bank of Canada: A 25bp cut, but heightened uncertainty led to the guidance to be dropped

Activity declines in November, and momentum looks weak

A strong labour market as the risk of US tariffs looms

Underlying inflationary rises despite the temporary GST holiday

A GST holiday-fueled shopping spree

Alberta Budget: Back into deficit

Strong growth momentum to end 2024, but tariffs threats loom

Lacklustre job market and heightened tariff uncertainty support a BoC rate cut

Bank of Canada: A 25bp cut, but conflicting inflationary impact from trade war blurs the outlook

Households’ debt burden increases, but the debt-service ratio continues to creep lower