
Proof Point: Not addressing population aging can be very costly
May 15, 2024
Canada’s non-permanent resident caps are set to curb ballooning population growth. The population will be at least 2.5% smaller in 2027 than it would have been without the…
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Proof Point: A weaker Canadian dollar won’t necessarily derail BoC interest rate cuts
April 23, 2024
The timing and magnitude of interest rate cuts from the Bank of Canada will be determined by domestic economic and inflation conditions and not the gap in monetary policy with the U.S.
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Proof Point: Governments face higher interest costs when straying from fiscal anchors
April 11, 2024
Straying from fiscal budget anchors negatively impacts governments’ credibility and increases lending risks for bond investors.
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Proof Point: Immigrants participation in the labour force surpasses those born in Canada
March 28, 2024
Immigrants are outperforming their Canadian-born peers when it comes to labour force participation. That’s especially true for immigrant workers aged 55 and above, who have increasingly chosen to keep working and retire later. Longer career spans among immigrant workers also came with better economic outcomes. The gap in wages between immigrant and Canadian-born workers has […]
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Proof Point: Canadian renters face higher hurdles to accumulating wealth than homeowners
March 14, 2024
Canadian renters are getting squeezed more than homeowners, making home ownership an even more distant dream.
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Proof Point: Weak productivity is threatening Canada’s post-pandemic wage growth
February 28, 2024
Canadian wage growth has been unusually high, but looks more modest when measured against surging inflation and relative to acute labour shortages earlier in the pandemic recovery.
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Proof Point: International student cap won’t immediately cut rental demand in Canada
February 13, 2024
The federal government’s new cap on international study permit applications will not immediately reduce rental demand from international students
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Proof Point: Consumer spending headwinds should ease in second half of 2024
January 31, 2024
Consumers have been hit by higher living costs – spending per person has declined 2% since Q2 2022 and the household financial obligations ratio has reached record highs.
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Proof Point: Students and new graduates are bearing the brunt of the labour market downturn
January 17, 2024
The magnitude and pace of Canada’s rising unemployment rate are consistent with trends observed during past recessions.
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Proof Point: Why has U.S. consumer spending been so much more resilient than Canada’s?
November 29, 2023
The U.S. economy has significantly outperformed Canada this year, largely fueled by soaring consumer spending that has yet to slow.
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