Insolvencies rose in June and have been relatively stable over the past year

Core inflation remains sticky, leaving the BoC in wait-and-see mode

The labour market deteriorates further, putting pressure on the BoC to cut in September

Households’ debt burden rises again and the debt-service ratio is marginally higher

Housing activity improves, despite a weak labour market

Core inflation remains sticky, but the BoC will focus on increased slack in the economy and cut

Bank of Canada: A 25bp cut, but does not signal more imminent easing

Retail sales declined in July, as expected.

Economic activity rebounded in July, but remains below its March peak

The labour market rebounds, but declining hours worked suggest weak economic activity