Featured Insights

• Canadian trade deficit widened in August as new tariffs took effect

• US Week Ahead: Data void next week clouds the outlook

• Podcast: The 10-Minute Take

• How to navigate the US government shutdown

• Canada’s population growth slows even as outflows fall increasingly short of targets

• US Week Ahead: Looming government shutdown jeopardizes NFP release

• Canadian GDP Update

• US breakeven employment is falling

• Canada faces peak aging as final boomers retire and population growth slows

• US Week Ahead: Is consumer momentum waning in Q3?

• Tariffs leave a mark on Canada’s industrial heartland

• FOMC Decision: A risk management cut

• Slowing inflation grants rate cut from the BoC

• RBC Consumer Spending Tracker

• RBC Canadian Inflation Watch

• Five disruptors to the U.S. economic cycle

• US Week Ahead: All eyes on Fed for widely expected cut

• U.S. tariffs spare most Canadian exports but hit key sectors

• RBC U.S. Inflation Watch

• Q2 Canadian household net worth rises again despite economic uncertainties

• QCEW revisions confirm fewer U.S. jobs were added

• US Week Ahead: Tariffs to start to build on services pressures

• Canada Labour Market

• U.S. Labour Market

• Canadian international trade flows stabilizing early in Q3

• How CUSMA strengthens both U.S. and Canadian economies

• US Week Ahead: Payrolls at the nexus of less demand and supply of workers

• US Week Ahead: Digesting Jackson Hole with more Stagflation Lite

• US Week Ahead: High rates keep housing market in a deep freeze

• Are U.S. tariffs accomplishing their goals?

• Rent retreat: Canadian tenants catch a break

• US Week Ahead: Loaded week of higher stakes data after NFP revision

• NFP revisions in focus: What happened in the U.S. July payrolls data

• Most Canadian exports to the U.S. remained duty free in June

• US Week Ahead: Markets digesting ‘stagflation lite’ scenario

• FOMC Recap: Powell playing the waiting game

• BoC holds rates, unveils new scenario analysis

• US Week Ahead: Data dump will overshadow Fed meeting

• US inflation outlook: A squeeze higher in second half of 2025

• Hey big spender! Canada’s federal and provincial spending an upside to growth forecasts

• Canadian businesses reported improved outlooks in Q2

• Transmission framework: How tariffs will flow through the US economy

• Soft spots and strongholds: How Canada’s jobs market is handling trade volatility

• Canadian exports still low in May but CUSMA backstop holding

• America needs workers, not jobs

• Crude calculations: Assessing Canada’s vulnerability to oil prices

• Canada’s on track to meet lower immigration targets

• FOMC Brief: Fed continues to play the waiting game

• What frequent and costly natural disasters mean for Canada’s economy

• What does greater defence spending mean for Canada’s economy?

• Canadian household net worth remained resilient in Q1

• Canadian exports to the U.S. plunged in April but CUSMA compliance rose 

• Bank of Canada policy update

• Court rulings do not mean U.S. tariffs are going away

• Trade tensions are redrawing Canadians’ travel map

• Canadian CPI growth firmed in April excluding tax changes

• The Fed continues to wait and see

• Canadian trade deficit narrowed in March as compliance with CUSMA rose

• Canadian economy softened ahead of tariffs

• Q1 U.S. GDP signals a weak starting point

• CUSMA compliance rush: Will it shield Canada from U.S. tariffs?

• Preparing for the downside: Could Canadian federal finances withstand a trade war?

• Slowing growth, higher prices: A deeper dive into our U.S. forecasts

• Trade war halts Canadian business optimism in Q1

• A thorn in the Fed’s side: What could tariffs mean for U.S. inflation and growth?

• U.S. reciprocal tariffs spare Canada/Mexico for now but trade risks remain

• Five ramifications of the auto tariffs for the U.S. economy

• Uncertainty weighs on the Fed as they remain on pause

• ‘Yellow flags’: The cracks forming in the U.S. economy that we’re watching

• DOGE cuts could push up the U.S. unemployment rate

• What is the impact of tariffs on the U.S. economy?

• U.S. tariffs on Canada take effect: What is the state of play?

• Trade uncertainty risks extending decades of under-investment in Canada

• Provincial budget preview: Preparing for uncertainty

• Six questions about the significance of interprovincial trade barriers in Canada

• How U.S. steel and aluminum tariffs would impact Canada’s economy

• Five things we learned this week about U.S.-Canada trade

• What tariffs could mean for the U.S. economy

• A U.S.-Canada trade shock now in play: first economic takeaways

• The Federal Reserve Buys Time: Rates on hold and lips sealed

• A playbook for how to measure a tariff shock in Canada

• Navigating 2025: Looking better and unsettling all at once

• Proof Point: Canadian industries and provinces most exposed to U.S. tariff threat

• Proof Point: Are falling rents in Canada temporary relief or a new trend

• Quebec maintains large deficit, uses half its contingency reserve for spending

• Proof point: Canada’s job market slump—low-wage industries with young workers take the biggest hit

• Immigration cuts will help narrow Canada’s housing gap but won’t solve crisis

• Proof point: Why Canada is seeing an uneven recovery among households

• U.S. GDP Update

• How Canada’s new immigration targets will impact the economy

• Proof point: Job market is bigger risk to Canada’s economy than mortgage renewals

• Three reasons why 2024’s 2% inflation isn’t 2019’s 2%

• Falling inflation, rising jobless rate usher in easing cycles in Canada and abroad

• Proof point: Financial returns after a post-secondary education have diminished

• Weighing the impact of Canadian tariffs on Chinese EVs and metals

• Proof point: U.S. import tariffs haven’t reduced reliance on foreign goods

• Proven points: Rents, wages, inflation and other top reads from Proof Point

• Proof Point: Canada’s economy might not be in recession but it feels like one

• Proof point: Rental housing construction picks up in Canada but will it be enough?

• Proof Point: The Canadian tourism sector is struggling to stage a rebound

• Proof Point: Canadian inflation is unlikely to pick up again like in the U.S.

• Proof Point: Not addressing population aging can be very costly

• Proof Point: A weaker Canadian dollar won’t necessarily derail BoC interest rate cuts

• Federal Budget 2024: Lack of spending restraint offset by revenue surprise and tax hikes

• Proof Point: Governments face higher interest costs when straying from fiscal anchors

• How lowering the number of non-permanent residents will impact Canada’s economy

• Proof Point: Immigrants participation in the labour force surpasses those born in Canada

• Proof Point: Canadian renters face higher hurdles to accumulating wealth than homeowners

• Proof Point: Weak productivity is threatening Canada’s post-pandemic wage growth

• Proof Point: International student cap won’t immediately cut rental demand in Canada

• Proof Point: Consumer spending headwinds should ease in second half of 2024

• Proof Point: Students and new graduates are bearing the brunt of the labour market downturn

• Navigating 2024: Reset and Revival In A Reshaping World

• Proof Point: Why has U.S. consumer spending been so much more resilient than Canada’s?

• Proof Point: Closing Canada’s infrastructure gap could boost Indigenous output by up to 17%

• Proof Point: Fiscal tailwinds coming to an end for Canada’s provinces

• Proof Point: For Canada, slower growth in China is a manageable risk

• Proof Point: The ranks of Canadian entrepreneurs are shrinking

• Proof Point: Is more turbulence on the way for Canadian labour relations?

• Proof Point: International students have a fast track to Canadian employment

• Proof Point: Canadian millennials have the smallest cushion against job losses

• Canadians on the move: will a pandemic shakeup in migration trends hold?

• Proof Point: Non-permanent residents can fill labour gaps in “greying” Canadian industries

• Proof Point: Soaring construction costs will hamper Canada’s homebuilding ambitions

• How Indigenous Business Can Accelerate Canada’s Net Zero Transition

• Proof Point: Food inflation will slow, but don’t expect prices to drop

• Proof Point: Canadians’ post-pandemic travel fever holds steady

• Five signs North America’s labour markets are starting to crack

• Proof Point: Banking turmoil is tightening already strained U.S. lending conditions

• Proof Point: More Canadians to fall behind on debt payments—but most will manage

• Proof Point: Will a weak Canadian dollar fire up inflation?

• Proof Point: Canada’s economy can’t afford a slump in business investment

• Proof Point: Canada’s shortage of rental housing could quadruple by 2026

• Policy Insight: How Canada can win in the post-IRA economy

• Proof Point: Canadian women drove a pandemic shift into higher-paying jobs

• Proof Point: Canada is failing to put immigrant skills to work

• Proof Point: Without investment, Canadian wages could reignite inflation

• Proof Point: Canadians are still clinging to pandemic savings

• Proof Point: Canada needs green subsidies more than ever

• Navigating 2023: Canada in the cross currents

• Proof Point: Is Canada becoming a nation of renters?

• The Transformative Seven: Technologies that can drive Canada’s next green revolution

• Proof Point: Canada needs more doctors—and fast

• Proof Point: Canada’s provinces are basking in revenue, but how long will it last?

• The Next Green Revolution: How Canada can produce more food and fewer emissions

• Financing Greener Growth: The fall economic statement needs to accelerate green investment

• Proof Point: The housing-charged boom in Canadian net wealth is over

• Proof Point: Canada’s recession to arrive earlier than expected

• Proof Point: Canada still isn’t spending enough on the green economy

• The Price of Power: How to cut Canada’s Net Zero electricity bill

• Proof Point: The rise of services in Canadian goods trade

• Course Correction: How international students can help solve Canada’s labour crisis

• Proof Point: Fewer supply chain snarls won’t be enough to lower inflation to 2%

• Proof Point: Demographics a powerful counterforce in Canada’s housing market correction

• Proof Point: Reshoring hasn’t spurred a Canadian manufacturing renaissance

• Canadian Housing: A Market In Retreat

• Proof Point: Canada’s labour shortages will outlive a recession

• Proof Point: Canada’s economy is headed for a recession

• Immigration Nation: New Canadians are vital to an aging society

• Proof Point: Can Canada feed the world?

• Proof Point: Canadians are scratching the travel itch again, but can the industry keep up?

• Proof Point: Immigration will fuel Atlantic Canada’s population upswing

• Proof Point: Canadians can’t kick cash

• Proof Point: Low income Canadians to feel sharpest sting from inflation, rate hikes

• The New Climate Bargain: How Canada Can Manage Energy & Environmental Security

• Proof Point: Canada’s post-pandemic labour market shakeup

• Laying the Foundation: Canada’s 2030 Emissions Reduction Plan

• Pandemic leaves Canadians richer—but saddled with more debt

• Equal measures: Advancing Canada’s working women in a post-pandemic economy

• Green Collar Jobs: The skills revolution Canada needs to reach Net Zero

• Unleashing Opportunity: The economic gains in narrowing Canada’s racial wealth gap

• COVID Consumer Spending Tracker

• The Great Canadian Restart: How 2022 can spark an era of greener, more robust growth

• What’s up with inflation?

• Net Zero: A long way from Glasgow

• Squeeze Play: Higher wages alone won’t solve Canada’s labour shortage problem

• Closing the global sustainable finance gap

• The Canadian housing market outlook

• Brighter Days Ahead: Fiscal picture improves from coast to coast

• The Great Canadian Savings Puzzle

• The $2 Trillion Transition: Canada’s Road to Net Zero

• The new challenges facing Canada’s small businesses

• A Regional Renaissance: More Canadians drawn to live on the Atlantic Coast during pandemic

• Home builders are tackling Canada’s housing supply shortage

• Powering Up: Preparing Canada’s skilled trades for a post-pandemic economy

• The Economic Pulse – September 2021 Edition

• Are sky-high job vacancies in Canada around for a while?

• Why isn’t Canada investing enough in green projects, despite ambitious climate targets?

• Border carbon taxes are moving from idea to reality. How exposed is Canada?

• COVID Response Has Kept Many Indebted Canadians from Reaching Debt Cliff

• BoC Outlines Financial Impacts of Covid-19

• Bank of Canada Expanding Asset Purchases

• Canadian Dollar Weakened but Not Headed for Historical Lows

• COVID-19’s Threat to Canada’s Vulnerable Workers

• The Fruits of Her Labour

• Gauging Canadian Coronavirus Supply Chain Vulnerabilities

Commodity Price Monitor (March 31, 2020)

Ottawa announces more support for businesses (March 27, 2020)

Federal stimulus grows to $52 billion (March 25, 2020)

Federal fiscal support: phase one done but a long way to go (March 23, 2020)

Federal government releases plan to soften Coronavirus blow (March 11, 2020)

Rail blockades add to “transitory” disruptions (February 21, 2020)

More Canadians struggled with debt in 2019 (February 12, 2020)

Coronavirus: gauging the economic impact (January 31, 2020)

Davos 2020: The race for global scale (January 27, 2020)

Canadian trade worries easing, but domestic headwinds remain (January 17, 2020)

Navigating the 2020s: How Canada can thrive in a decade of change (January 6, 2020)