{"id":1318,"date":"2026-05-14T17:53:00","date_gmt":"2026-05-14T17:53:00","guid":{"rendered":""},"modified":"2026-06-01T19:38:41","modified_gmt":"2026-06-01T19:38:41","slug":"prenez-10-minutes","status":"publish","type":"post","link":"https:\/\/www.rbc.com\/fr\/economique\/prenez-10-minutes\/","title":{"rendered":"Balado\u00a0: Prenez 10\u00a0minutes"},"content":{"rendered":"\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group mar-b-hlf mob-mar-b-qtr has-background is-layout-constrained wp-block-group-is-layout-constrained\" style=\"background-color:#f4f8f9\">\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\"><em><em>La macro\u00e9conomie pour tous&nbsp;! Le balado \u00ab&nbsp;Prenez 10&nbsp;minutes&nbsp;\u00bb des Services \u00e9conomiques&nbsp;RBC explique (en termes simples) ce que signifient les derni\u00e8res donn\u00e9es \u00e9conomiques et pourquoi vous devriez vous y int\u00e9resser. Tout ce que vous avez toujours voulu savoir, mais que vous n\u2019osiez pas demander&nbsp;\u2013 en moins de 10&nbsp;minutes.<\/em><\/em><\/p>\n<\/div>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1458442432&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-light-grey-color has-alpha-channel-opacity has-light-grey-background-color has-background is-style-wide wide\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">28&nbsp;mai&nbsp;2026<\/p>\n\n\n\n<h4 id=\"h-s4-e10-pourquoi-un-choc-energetique-ne-fait-pas-ceder-l-economie-americaine\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S4:E10 Pourquoi un choc \u00e9nerg\u00e9tique ne fait pas c\u00e9der l\u2019\u00e9conomie am\u00e9ricaine?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">L\u2019inflation globale aux \u00c9tats-Unis vient d\u2019atteindre son plus haut niveau en pr\u00e8s de trois ans, en raison de la flamb\u00e9e des prix de l\u2019\u00e9nergie et des pressions inflationnistes de base persistantes.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Parall\u00e8lement, les donn\u00e9es sur le march\u00e9 du travail semblent solides et la croissance n\u2019a pas consid\u00e9rablement ralenti. Nous n\u2019avons pas encore observ\u00e9 de signes de stagflation all\u00e9g\u00e9e et nous ne nous attendons pas \u00e0 ce que le choc des prix du p\u00e9trole fasse sombrer l\u2019\u00e9conomie en r\u00e9cession.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Dans cet \u00e9pisode de Prenez 10&nbsp;minutes, voici ce qu\u2019expliquent Carrie&nbsp;Freestone et Claire&nbsp;Fan, de Services \u00e9conomiques&nbsp;RBC&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc mar-b-hlf mar-t-qtr mob-mar-t-qtr mob-mar-b-hlf mar-l-hlf mob-mar-l-hlf\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">La question est de savoir si l\u2019inflation \u00e9lev\u00e9e aux \u00c9tats-Unis est purement li\u00e9e \u00e0 l\u2019\u00e9nergie ou si les pressions s\u2019intensifient sous la surface.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Pourquoi la R\u00e9serve f\u00e9d\u00e9rale am\u00e9ricaine maintient le statu quo m\u00eame si le march\u00e9 de l\u2019emploi tient le coup?<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Ce qu\u2019il faudrait du point de vue de l\u2019emploi pour d\u00e9clencher une r\u00e9cession aux \u00c9tats-Unis \u2013 et pourquoi c\u2019est peu probable.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">\u00c9coutez notre plus r\u00e9cent \u00e9pisode ici ou partout o\u00f9 vous obtenez vos&nbsp;<em>(ce contenu est disponible en anglais seulement)<\/em>:<\/p>\n\n\n\n<div style=\"width:100%;height:200px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/player.captivate.fm\/episode\/dfb3aa76-d270-46eb-a583-fbe389693419\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong><strong><strong><strong>\u00c0 \u00e9couter sur<\/strong><\/strong><\/strong><\/strong>:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/feeds.captivate.fm\/the-10-minute-take\/\" data-dig-id=\"LP-Uncategorized-1318-5e618db8\" data-dig-label=\"Captivate\" data-dig-action=\"link click\" data-dig-category=\"LP-Uncategorized\" class=\"rbc-link-format\">Captivate<\/a><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-default-collapsible\"><p><button class=\"collapse-toggle collapsed\" data-target=\"#collapse30384855\" data-toggle=\"collapse\" aria-expanded=\"false\" aria-controls=\"collapse30384855\" data-dig-id=\"LP-Uncategorized-1318-30384855\" data-dig-category=\"LP-Uncategorized\" data-dig-action=\"accordion closed\" action-closed=\"accordion closed\" action-opened=\"accordion open\" data-dig-label=\"Transcription\"><div>Transcription<\/div><\/button><\/p><div class=\"collapse-content collapse\" id=\"collapse30384855\">\n<div class=\"wp-block-rbc-collapsible-inner-block collapse-inner\">\n<section class=\"wp-block-rbc-rbc-tabs-block aligncenter  section-tabs full-width tabs-scroll is-style-default\" id=\"Canadian-income-quintiles\" aria-label=\"Section Tabs\"><div class=\"section-inner \"><ul class=\"tab-nav \" role=\"tablist\"><li role=\"presentation\"><a href=\"#section-content-16f2699a\" id=\"section-tab-16f2699a\" role=\"tab\" data-toggle=\"tab\" data-bs-toggle=\"tab\" data-bs-target=\"#section-content-16f2699a\" aria-controls=\"section-content-16f2699a\" aria-selected=\"false\" data-dig-id=\"LP-Uncategorized-1318-16f2699a\" data-dig-category=\"LP-Uncategorized\" data-dig-action=\"tab select\" data-dig-label=\"FR\">FR<\/a><\/li><li role=\"presentation\"><a href=\"#section-content-2fa9df2f\" id=\"section-tab-2fa9df2f\" role=\"tab\" data-toggle=\"tab\" data-bs-toggle=\"tab\" data-bs-target=\"#section-content-2fa9df2f\" aria-controls=\"section-content-2fa9df2f\" aria-selected=\"false\" data-dig-id=\"LP-Uncategorized-1318-2fa9df2f\" data-dig-category=\"LP-Uncategorized\" data-dig-action=\"tab select\" data-dig-label=\"ENG\">ENG<\/a><\/li><\/ul><div class=\"tab-ctrl\"><button class=\"tabs-prev hidden\"><span class=\"offscreen\">Go to previous tab<\/span><\/button><button class=\"tabs-next\"><span class=\"offscreen\">Go to next tab<\/span><\/button><\/div><div class=\"tab-content\">\n<div class=\"wp-block-rbc-rbc-tab-content\"><div role=\"tabpanel\" class=\"tab-pane\" aria-labelledby=\"section-tab-16f2699a\" id=\"section-content-16f2699a\" tabindex=\"0\">\n<p class=\"wp-block-paragraph\"><strong>00:00:01 \u2013 00:00:26<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bienvenue au Balado: Prenez 10 minutes. Je suis votre animatrice Carrie Freestone, et je suis Claire Fan. Il y a longtemps que nous n\u2019avons pas fait le point sur l\u2019\u00e9conomie am\u00e9ricaine. En mars dernier, Mike Reed, responsable de la recherche, \u00c9tats-Unis, a pr\u00e9sent\u00e9 un \u00e9pisode sur la fa\u00e7on dont la hausse des prix de l\u2019\u00e9nergie influerait sur l\u2019inflation. Eh bien, maintenant, ces prix plus \u00e9lev\u00e9s sont une r\u00e9alit\u00e9. En fait, l\u2019inflation globale aux \u00c9tats-Unis a connu son plus haut niveau en pr\u00e8s de trois ans.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:00:26 \u2013 00:00:57<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">La derni\u00e8re fois, nous avions parl\u00e9 de l\u2019\u00e9conomie am\u00e9ricaine. Beaucoup de pr\u00e9occupations se centraient sur le contexte de stagflation. L\u2019inflation semble donc prendre de la vigueur. Mais l\u2019\u00e9conomie am\u00e9ricaine n\u2019est clairement pas en r\u00e9cession. Exactement. Et le march\u00e9 du travail para\u00eet en fait mieux ces derniers mois. Revenons donc sur les derniers d\u00e9veloppements sur les deux aspects du mandat de la Fed, et nous expliquerons pourquoi le choc \u00e9nerg\u00e9tique ne devrait pas d\u00e9clencher une r\u00e9cession aux \u00c9tats-Unis.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:00:57 \u2013 00:01:23<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nous faisons donc le point sur l\u2019\u00e9tat de l\u2019\u00e9conomie am\u00e9ricaine dans cet \u00e9pisode du balado: Prenez dix minutes. Et pourquoi ne pas commencer par le sujet le plus br\u00fblant. \u00c0 savoir l\u2019inflation. Ah, OK. Nous sommes au-dessus de 2&nbsp;% depuis plus de cinq ans. Mais m\u00eame s\u2019il y a eu des progr\u00e8s, en grande partie effac\u00e9s par le conflit au Moyen-Orient, lequel a affect\u00e9 l\u2019alimentation et l\u2019\u00e9nergie, l\u2019inflation de base a \u00e9t\u00e9 en grande partie stable.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:01:23 \u2013 00:01:53<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Exactement. Mais avant d\u2019en arriver \u00e0 l\u2019inflation de base, quel effet la hausse des prix a-t-elle eu sur l\u2019inflation aux \u00c9tats-Unis? Et l\u2019inflation est-elle exclusivement li\u00e9e \u00e0 l\u2019\u00e9nergie? Ce n\u2019est donc pas exclusivement \u00e0 cause de l\u2019\u00e9nergie, mais les prix de l\u2019\u00e9nergie ont augment\u00e9 consid\u00e9rablement. Ils ont augment\u00e9 de 15&nbsp;% de f\u00e9vrier \u00e0 avril. Le prix de l\u2019essence a bondi de 28&nbsp;% sur la m\u00eame p\u00e9riode, de sorte que l\u2019\u00e9nergie est derri\u00e8re la majeure partie de l\u2019inflation globale en avril.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:01:53 \u2013 00:02:21<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">La hausse des prix d\u2019un mois \u00e0 l\u2019autre a d\u00e9pass\u00e9 0,6&nbsp;%. L\u2019\u00e9nergie repr\u00e9sentait pr\u00e8s de la moiti\u00e9 de cette hausse. En fait, si l\u2019on faisait abstraction de l\u2019inflation des prix de l\u2019\u00e9nergie en mars et en avril, l\u2019inflation globale aurait probablement \u00e9t\u00e9 conforme \u00e0 l\u2019inflation de base (2,8&nbsp;%). Cela ne tient pas compte des transmissions ni d\u2019autres secteurs, que nous ne pouvons pas observer directement. Quoi qu\u2019il en soit, mon argument est que l\u2019inflation globale est sup\u00e9rieure d\u2019environ un point de pourcentage \u00e0 ce qu\u2019elle serait si l\u2019\u00e9nergie n\u2019avait pas connu de pic.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:02:21 \u2013 00:02:42<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Exactement. Il semble donc que la hausse soudaine et l\u2019inflation en avril ont beaucoup \u00e0 voir avec les prix de l\u2019\u00e9nergie, comme vous l\u2019avez dit. Mais nous avons parl\u00e9 du fait que l\u2019inflation de base s\u2019est \u00e9galement maintenue \u00e0 des niveaux \u00e9lev\u00e9s. Et elle a en fait acc\u00e9l\u00e9r\u00e9 en d\u00e9but d\u2019ann\u00e9e. Pouvez-vous me dire ce qui se cache derri\u00e8re les tendances?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:02:42 \u2013 00:03:05<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">D\u2019accord. \u00c0 mon avis, il y a plusieurs \u00e9l\u00e9ments. Tout d\u2019abord, il est vraiment important de reconna\u00eetre les effets cons\u00e9cutifs \u00e0 la paralysie du gouvernement qui ont entra\u00een\u00e9 un pic d\u2019un mois de l\u2019inflation du logement. Il nous manquait des donn\u00e9es sur l\u2019inflation dans le secteur du logement depuis octobre&nbsp;2025, ce qui a eu une incidence sur les donn\u00e9es mensuelles jusqu\u2019au rapport du mois dernier.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:03:05 \u2013 00:03:27<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">L\u2019impact de la paralysie du gouvernement ne se fera plus sentir en mai. Mais, comme nous nous y attendions, nous avons constat\u00e9 qu\u2019elle avait une incidence sur les donn\u00e9es d\u2019avril. Mais \u00e0 part le logement, il y a eu des pressions dans d\u2019autres domaines. Les services de base hors logement ont augment\u00e9 de 3,3&nbsp;% par rapport \u00e0 l\u2019ann\u00e9e pr\u00e9c\u00e9dente, et leurs prix se sont emball\u00e9s depuis janvier et s\u2019av\u00e8rent assez tenaces.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:03:27 \u2013 00:03:53<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">L\u2019examen des secteurs expos\u00e9s aux \u00e9changes commerciaux: ici la baisse des prix des v\u00e9hicules d\u2019occasion masque les pressions sur les prix observ\u00e9es dans d\u2019autres secteurs expos\u00e9s aux \u00e9changes commerciaux. Par exemple, en avril, nous avons constat\u00e9 des pressions sur les prix des v\u00eatements, des mat\u00e9riels informatiques comme les t\u00e9l\u00e9phones portables et les ordinateurs et des produits de soins personnels. D\u2019accord. Donc, il semble qu\u2019il y a certainement une convergence de diff\u00e9rents facteurs qui alimente les pressions inflationnistes aux \u00c9tats-Unis \u00e0 l\u2019heure actuelle.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:03:53 \u2013 00:04:17<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Pensons-nous donc que l\u2019inflation de base a d\u00e9j\u00e0 atteint un sommet ou qu\u2019elle acc\u00e9l\u00e8rera plus tard en 2026? Nous pensons que l\u2019inflation de base atteindra un sommet plus tard cette ann\u00e9e. Probablement \u00e0 un sommet d\u2019environ 3&nbsp;% \u00e0 la fin de l\u2019ann\u00e9e, et il est probable que nous n\u2019en ayons pas encore vu tous les effets. Je suppose que cela continuera en partie de refl\u00e9ter les pressions \u00e0 retardement des droits de douane.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:04:17 \u2013 00:04:44<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Exact. D\u2019accord. Nous sommes donc toujours en plein sc\u00e9nario d\u2019une inflation tr\u00e8s \u00e9lev\u00e9e, mais, en parall\u00e8le, d\u2019un march\u00e9 du travail toujours en bonne forme, c\u2019est \u00e7a? Oui. Les derni\u00e8res donn\u00e9es sur le march\u00e9 du travail semblent assez solides. Les emplois non agricoles par exemple. En mars et en avril, plus de 100&nbsp;000 emplois ont \u00e9t\u00e9 cr\u00e9\u00e9s. C\u2019est bien sup\u00e9rieur au point d\u2019\u00e9quilibre de l\u2019emploi, qui est en fait assez faible.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:04:44 \u2013 00:05:11<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mais il est important de se rappeler que les hausses de mars et d\u2019avril \u00e9taient attribuables \u00e0 la faiblesse ant\u00e9rieure. Au cours des six derniers mois, l\u2019\u00e9conomie am\u00e9ricaine n\u2019a cr\u00e9\u00e9 qu\u2019environ 55&nbsp;000 emplois en moyenne, ce qui n\u2019est pas beaucoup. Compte tenu du fait que, au cours de la d\u00e9cennie de 2010 \u00e0 2020, en moyenne 183&nbsp;000 emplois \u00e9taient cr\u00e9\u00e9s chaque mois. C\u2019est encore un sc\u00e9nario de peu de cr\u00e9ations d\u2019emplois et de peu de licenciements.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:05:11 \u2013 00:05:40<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Aux \u00c9tats-Unis, le taux de ch\u00f4mage est \u00e9galement demeur\u00e9 relativement stable au cours des six derniers mois. Exactement. Oui. Ces nuances sont importantes. Il semble donc y avoir un certain degr\u00e9 de r\u00e9silience. Mais dans l\u2019ensemble, on est loin d\u2019une situation solide sur le plan historique. Quel impact cela a-t-il sur notre opinion de la trajectoire de la Fed \u00e0 l\u2019avenir? Selon nos strat\u00e8ges des taux, cela placera la Fed dans une position o\u00f9 elle est plus susceptible d\u2019augmenter les taux, \u00e9tant donn\u00e9 que l\u2019inflation s\u2019emballe.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:05:40 \u2013 00:06:08<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nos strat\u00e8ges des taux, Blake Glenn et Isaac Brook, estiment que la Fed restera sur la touche pour l\u2019instant. Nous avons supprim\u00e9 les r\u00e9ductions de nos pr\u00e9visions pour 2027, mais nous ne pr\u00e9voyons pas de hausses. Nous l\u2019avons d\u00e9j\u00e0 dit et je pense qu\u2019il est important de r\u00e9p\u00e9ter que la politique mon\u00e9taire n\u2019est tout simplement pas con\u00e7ue pour faire face \u00e0 un choc des prix du p\u00e9trole ou \u00e0 des droits de douane. Et compte tenu du risque de baisse de l\u2019emploi et du risque de hausse de l\u2019inflation, selon nous, la Fed devra attendre de nouvelles donn\u00e9es.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:06:08 \u2013 00:06:36<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">D\u2019accord, c\u2019est l\u2019encha\u00eenement parfait pour ma prochaine question. Vous avez parl\u00e9 du risque \u00e0 la baisse pour le march\u00e9 de l\u2019emploi. Approfondissons la question. Nous entendons souvent parler du risque de r\u00e9cession d\u00fb au choc \u00e9nerg\u00e9tique. Notre \u00e9quipe a beaucoup insist\u00e9 sur l\u2019impact du choc des prix du p\u00e9trole et sur le fait qu\u2019il serait relativement neutre pour l\u2019\u00e9conomie canadienne. Mais de m\u00eame, je ne pense pas que les \u00c9tats-Unis conna\u00eetront une r\u00e9cession.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:06:36 \u2013 00:06:56<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Compte tenu de ce qui se passe sur le march\u00e9 des marchandises, pouvez-vous nous expliquer pourquoi ou si c\u2019est le cas? Oui. Je vais parler du pire sc\u00e9nario du point de vue de l\u2019emploi, mais je veux d\u2019abord dire que nous partons d\u2019une position relativement solide aux \u00c9tats-Unis. La croissance du premier trimestre s\u2019est \u00e9tablie \u00e0 2&nbsp;%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:06:56 \u2013 00:07:26<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">C\u2019est assez bon. Le taux de ch\u00f4mage est de 4,3&nbsp;%, ce qui est exceptionnellement faible. Donc, globalement, l\u2019\u00e9conomie am\u00e9ricaine n\u2019est \u00e9videmment pas en r\u00e9cession, et la plupart des donn\u00e9es importantes publi\u00e9es semblent solides, par exemple les salaires, la production industrielle et les ventes au d\u00e9tail. Nous constatons une faiblesse dans les secteurs expos\u00e9s aux \u00e9changes commerciaux, mais dans l\u2019ensemble, les choses semblent bien aller. Je pense aussi qu\u2019il est important de reconna\u00eetre que les avantages fiscaux de la One Big Beautiful Bill Act vont absorber une partie du choc \u00e9nerg\u00e9tique.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:07:26 \u2013 00:07:49<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u00c0 l\u2019heure actuelle, les remboursements d\u2019imp\u00f4t ont augment\u00e9 d\u2019environ 17&nbsp;% depuis le d\u00e9but de l\u2019ann\u00e9e, et nous pensons que ces remboursements serviront de tampon contre la hausse du prix de l\u2019essence. En effet, les ventes au d\u00e9tail ont montr\u00e9 peu de signes de destruction significative de la demande. Je pense qu\u2019il est important de reconna\u00eetre que les remboursements d\u2019imp\u00f4t, cependant, ne sont pas r\u00e9partis uniform\u00e9ment entre les revenus, et que le taux d\u2019\u00e9pargne des m\u00e9nages a diminu\u00e9.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:07:49 \u2013 00:08:13<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mais il y a encore de la marge, et le risque est que les consommateurs se d\u00e9sengagent alors qu\u2019ils \u00e9conomisent encore moins. Mais nous n\u2019en sommes pas encore l\u00e0. Enfin, nous nous sommes demand\u00e9 ce qu\u2019il faudrait pour qu\u2019il y ait une r\u00e9cession et comment cela se manifesterait. Mes coll\u00e8gues Mike Reid et Emery Hagen ont estim\u00e9 qu\u2019il faudrait pr\u00e8s d\u2019un million de pertes d\u2019emplois d\u2019ici la fin de l\u2019ann\u00e9e pour d\u00e9clencher la r\u00e8gle de Sahm.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:08:13 \u2013 00:08:34<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Et je pense que nous avons d\u00e9j\u00e0 parl\u00e9 de cette r\u00e8gle dans des \u00e9pisodes ant\u00e9rieurs. Mais en gros, lorsque le taux de ch\u00f4mage augmente rapidement, la r\u00e8gle de Sahm permet d\u2019assez bien saisir l\u2019acc\u00e9l\u00e9ration, les pertes d\u2019emplois et les signaux indiquant qu\u2019une r\u00e9cession est imminente. Encore une fois, il faudrait une perte d\u2019un million d\u2019emplois d\u2019ici la fin de l\u2019ann\u00e9e. Comment un million d\u2019emplois pourraient-ils dispara\u00eetre d\u2019ici la fin de l\u2019ann\u00e9e?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:08:34 \u2013 00:08:57<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">De fait, cela ne se produirait que si tous les secteurs licenciaient suffisamment de personnes pour compenser le coup port\u00e9 \u00e0 leurs marges b\u00e9n\u00e9ficiaires, pour cause de hausse des co\u00fbts des intrants, sans r\u00e9percuter du tout la hausse des co\u00fbts. Mais il est important de souligner que cela ne refl\u00e8te tout simplement pas la r\u00e9alit\u00e9 actuelle, surtout parce que nous venons de dire \u00e0 quel point les donn\u00e9es sur l\u2019inflation \u00e9taient \u00e9lev\u00e9es. La hausse des co\u00fbts est clairement transmise aux consommateurs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:08:57 \u2013 00:09:36<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">L\u2019acc\u00e9l\u00e9ration de l\u2019IPP en avril a \u00e9t\u00e9 la plus rapide depuis 2022, et l\u2019IPC est \u00e9galement nettement \u00e9lev\u00e9. Tout cela montre qu\u2019une r\u00e9cession ne s\u2019annonce pas en ce moment. En fait, une r\u00e9cession n\u2019est m\u00eame pas \u00e0 l\u2019horizon. C\u2019est tr\u00e8s int\u00e9ressant. Il semble donc qu\u2019une certaine r\u00e9silience demeure \u00e0 la fois dans les secteurs d\u2019activit\u00e9 et en partie gr\u00e2ce, comme vous l\u2019avez dit, \u00e0 leur capacit\u00e9 de transmettre certaines de ces augmentations de co\u00fbts aux consommateurs et aussi, par extension, la r\u00e9silience que nous avons constat\u00e9e chez les consommateurs et les m\u00e9nages pour ce qui est de la capacit\u00e9 \u00e0 absorber certaines de ces augmentations de prix.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:09:36 \u2013 00:09:52<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Beaucoup d\u2019info dans cet \u00e9pisode. Nous continuerons de tenir nos auditeurs au courant des derniers d\u00e9veloppements concernant les donn\u00e9es am\u00e9ricaines. [inaudible] d\u00e9coule des chocs externes. C\u2019est tout pour cette semaine. Merci de nous avoir \u00e9cout\u00e9es. Nous nous reverrons dans deux semaines.<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-tab-content\"><div role=\"tabpanel\" class=\"tab-pane\" aria-labelledby=\"section-tab-2fa9df2f\" id=\"section-content-2fa9df2f\" tabindex=\"0\">\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<p class=\"wp-block-paragraph\"><strong>00:00:01 &#8211; 00:00:26<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Welcome back to the Ten Minute Take. I&rsquo;m your host Carrie Freestone, and I&rsquo;m Claire fan. It&rsquo;s been a while since we&rsquo;ve provided a recap on the US economy. We did an episode back in March with our ahead of US research, Mike Reed on how higher energy prices would impact inflation. Well, now those higher prices have shown up. And in fact, US headline inflation just had its hottest print in nearly three years.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:00:26 &#8211; 00:00:57<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The last time though, we talked about the US economy. A lot of concerns were revolving around this sort of stagflation backdrop. So the inflation side looks like is heating up. But the US economy is clearly not in a recession. Exactly. And the labor markets actually look better in recent months. So let&rsquo;s catch up on the latest developments on both sides of the Fed&rsquo;s mandate, and we&rsquo;ll explain why the energy shock isn&rsquo;t likely to trigger a recession in the US.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:00:57 &#8211; 00:01:23<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">So we&rsquo;re doing a catch up on the state of the US economy in this episode of the ten Minute. And why don&rsquo;t we get started with the hottest topic. And that is inflation. I see what you did there. We&rsquo;ve been above 2% now for more than five years. But while we&rsquo;ve made some progress that was largely derailed by the Middle East conflict stripping out food and energy, though, core inflation has largely been stuck.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:01:23 &#8211; 00:01:53<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Right. But before we get to core inflation, what kind of an impact have higher prices had on inflation in the United States? And is the inflation story exclusively about energy? So it&rsquo;s not exclusively an energy story, but energy prices have risen significantly. They&rsquo;re up 15% overall from February as of April. Gas prices have jumped 28% during that time period, so energy is driving the bulk of headline inflation in April.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:01:53 &#8211; 00:02:21<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Month over month price growth in headline was above 0.6%. Energy accounted for nearly half of that. Actually, if you strip out energy price inflation in March and April, headline inflation would have likely been in line with core inflation at 2.8%. Now, that ignores spillovers and other sectors, which we can&rsquo;t directly observe. But still, my argument is headline inflation is about a full percentage point above where it would otherwise be if energy hadn&rsquo;t spiked.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:02:21 &#8211; 00:02:42<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Right. So it sounds like the spike higher and inflation in April specifically has a lot to do with energy prices, like you said. But we did talk about how core inflation has been pretty stubborn at higher levels as well. And coming into this year is actually accelerated. So tell me a bit more on what&rsquo;s really driving trends there.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:02:42 &#8211; 00:03:05<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Okay. So it is a few things I think. First off, it&rsquo;s really important to acknowledge that there were after effects related to the government shutdown that led to a one month spike in housing inflation in the aftermath of the government shutdown. We were missing inflation data for housing for October 2025, which affected the monthly data really until last month&rsquo;s report.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:03:05 &#8211; 00:03:27<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The impact of the government shutdown will have finally fallen off as of May. But we did see that, you know, impact the data for April, which is what we expected. But aside from housing, there were pressures in other areas. Core services, excluding housing, were up 3.3% year over year, and it&rsquo;s been heating up since January and proving to be quite sticky.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:03:27 &#8211; 00:03:53<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Looking at trade exposed sectors weren&rsquo;t a situation now where deflation in used autos is masking price pressures seen in other trade exposed sectors. For example, in April we saw price pressures in clothing IT goods like cell phones and computers and personal care products as well. Okay, so sounds like definitely is a confluence of different factors driving inflation pressures in the US right now.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:03:53 &#8211; 00:04:17<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">So do we think core inflation has peaked already or are we so expecting it would accelerate later in 2026. So we actually expect core inflation is going to peak later this year. We have it peaking around 3% at the end of the year, so likely we haven&rsquo;t seen the full impact just yet. And some of that will continue to reflect sort of the delayed tariff pressure story I would assume.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:04:17 &#8211; 00:04:44<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Yes, exactly. Okay. So we&rsquo;re still in the midst of this reality where inflation is running really hot, but labor market on the other side of the story, it looks okay, right? Yeah. So the latest labor market data is actually looked quite strong. If you look at nonfarm payrolls. Both March and April showed over 100,000 jobs were added. And this is well above the pace of break even employment, which is actually quite low.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:04:44 &#8211; 00:05:11<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But it&rsquo;s important to keep in mind that March and April gains were on the back of weakness earlier on. Over the past six months, the US economy has only added about 55,000 jobs on average, so that really isn&rsquo;t many. Considering that in the decade between 2010 and 2020, we averaged about 183,000 jobs per month. We&rsquo;re still very much bearing witness to a story of low new job creation and low firing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:05:11 &#8211; 00:05:40<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the US, the unemployment rate has also held largely steady over the past six months. Right. Yeah. Those nuances are important. So looks like there&rsquo;s some level of resilience. But overall it isn&rsquo;t near anywhere that&rsquo;s considered historically strong. So how does that impact our view on the Fed&rsquo;s path moving forward? To our rate strategists think this will put the fed in a position that they&rsquo;re more likely to hike rates, given that inflation is heating up.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:05:40 &#8211; 00:06:08<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">So our rate strategist Blake Glenn and Isaac Brook expect the fed will remain on the sidelines for now. We&rsquo;ve removed cuts from our forecast in 2027, but we don&rsquo;t have hikes penciled in. We&rsquo;ve said it before and I think it&rsquo;s important to reiterate this monetary policy just isn&rsquo;t set up to address an oil price shock or tariffs. And with downside risk to labor accompanying upside risk to inflation, we expect the fed will have to wait for more incoming data.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:06:08 &#8211; 00:06:36<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Okay, that was the perfect segue to my next question. You mentioned downside risk to labor market. Let&rsquo;s dig deeper on this. So we frequently get as about recession risk from the energy shock. Our team has been pretty vocal about the impact of the oil price shock and to be relatively net neutral on the Canadian economy. But similarly, I think we also are not expecting a recession while unfold in the United States.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:06:36 &#8211; 00:06:56<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Given what&rsquo;s happening in sort of the commodity market, can you explain why that is the case or if that is the case? Yeah. So I mean, I will talk about the worst case scenario from a jobs perspective, but I just want to start by saying that we are coming from a place of relative strength in the US. Q1 growth came in at 2%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:06:56 &#8211; 00:07:26<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That&rsquo;s pretty solid. The unemployment rate is sitting at 4.3%, which is exceptionally low. So on aggregate, the US economy is very obviously not in a recession, and most major data releases look solid from payrolls, industrial production and retail sales. We are seeing weakness in trade related sectors, but on aggregate things look okay. I also think it&rsquo;s important to acknowledge that one big, beautiful bill, act tax benefits, are going to absorb some of the energy shock.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:07:26 &#8211; 00:07:49<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Tax refunds currently are up about 17% year to date, and we do expect that these returns will act as a buffer against higher gas prices. Since retail sales have shown few signs of meaningful demand destruction. I think it&rsquo;s important to acknowledge that tax returns, though, are not evenly distributed across the income spectrum, and the personal savings rate has fallen.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:07:49 &#8211; 00:08:13<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But there&rsquo;s still room to run, and the risk is that consumers pull back more meaningfully as they continue to save less. But we&rsquo;re just not at that point yet. So lastly, you know, we&rsquo;ve asked about what it would take and how we could see a recession. My colleagues, Mike Reid and Emery Hagen, estimated that it would take nearly 1 million job losses by the end of the year in order to trigger the som rule.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:08:13 &#8211; 00:08:34<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And I think we&rsquo;ve talked about the same rule way back in prior episodes. But essentially, when the unemployment rate rises rapidly, the som rule does a pretty good job capturing the acceleration, job losses and signals that a recession is imminent. So that, again, would require 1 million job losses by the end of the year. How could we lose a million jobs by year end?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:08:34 &#8211; 00:08:57<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This would basically only happen if all sectors laid off enough workers to offset the hit to their margins, resulting from higher input costs, without passing off higher costs at all. But it&rsquo;s important to emphasize that this really just doesn&rsquo;t reflect our current reality, especially because we just talked about how hot the inflation data is. Higher costs are clearly being passed off.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:08:57 &#8211; 00:09:36<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We saw April PPI accelerate at the fastest pace since 2022, and CPI is also clearly elevated. So all this goes to show, you know, we&rsquo;re not tracking a recession right now. And in fact, we&rsquo;re not even close to tracking a recession. That&rsquo;s very interesting. So yeah sounds like some resilience does remain both within sort of the business sectors and partially because of, to your point, their ability to be passing on some of these cost increases to consumers and also, by extension, the resilience that we&rsquo;ve seen in consumers and households in terms of being able to absorb some of these price increases.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>00:09:36 &#8211; 00:09:52<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This has been a really loaded episode. We will continue to keep our listeners up to date on the latest developments with the US data. Facing derives from external shocks. That&rsquo;s all for this week. Thanks for listening and we&rsquo;ll see you in two weeks.<\/p>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div><\/div><\/section>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">14&nbsp;mai&nbsp;2026<\/p>\n\n\n\n<h4 id=\"h-s4-e9-pourquoi-le-marche-de-l-emploi-canadien-est-il-plus-resilient-qu-il-n-y-parait\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S4:E9 Pourquoi le march\u00e9 de l\u2019emploi canadien est-il plus r\u00e9silient qu\u2019il n\u2019y para\u00eet?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Le recul des donn\u00e9es globales sur le march\u00e9 du travail au Canada cette ann\u00e9e cache une histoire sous-jacente plus encourageante.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Les pertes d\u2019emplois demeurent concentr\u00e9es dans les secteurs expos\u00e9s aux droits de douane, les licenciements sont en baisse et les embauches commencent \u00e0 rebondir&nbsp;\u2013 tous des signes de r\u00e9silience sous la surface.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Dans l\u2019\u00e9pisode de Prenez 10&nbsp;minutes de cette semaine, les \u00e9conomistes de Services \u00e9conomiques&nbsp;RBC Claire Fan et Carrie Freestone discutent des sujets suivants&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc mar-b-hlf mar-t-qtr mob-mar-t-qtr mob-mar-b-hlf mar-l-hlf mob-mar-l-hlf\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Ce que signifie le ch\u00f4mage cach\u00e9, et augmente-t-il?<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Comment la dynamique \u00ab&nbsp;peu d\u2019embauches, peu de licenciements&nbsp;\u00bb touche de fa\u00e7on disproportionn\u00e9e les jeunes chercheurs d\u2019emploi.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Pourquoi l\u2019offre de main-d\u2019\u0153uvre devrait se resserrer \u00e0 mesure que la demande d\u2019embauche se redressera plus tard en 2026?<\/p>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">\u00c9coutez notre plus r\u00e9cent \u00e9pisode ici ou partout o\u00f9 vous obtenez vos&nbsp;<em>(ce contenu est disponible en anglais seulement)<\/em>:<\/p>\n\n\n\n<div style=\"width:100%;height:200px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/player.captivate.fm\/episode\/f21d5910-2937-4433-ba56-9fe9f2e445ae\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong><strong><strong><strong>\u00c0 \u00e9couter sur<\/strong><\/strong><\/strong><\/strong>:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/feeds.captivate.fm\/the-10-minute-take\/\" data-dig-id=\"LP-Uncategorized-1318-5e618db8\" data-dig-label=\"Captivate\" data-dig-action=\"link click\" data-dig-category=\"LP-Uncategorized\" class=\"rbc-link-format\">Captivate<\/a><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-default-collapsible  mar-t-hlf\"><p><button class=\"collapse-toggle collapsed\" data-target=\"#collapseae4fd9d0\" data-toggle=\"collapse\" aria-expanded=\"false\" aria-controls=\"collapseae4fd9d0\" data-dig-id=\"LP-Uncategorized-1318-ae4fd9d0\" data-dig-category=\"LP-Uncategorized\" data-dig-action=\"accordion closed\" action-closed=\"accordion closed\" action-opened=\"accordion open\" data-dig-label=\"Transcription\"><div>Transcription<\/div><\/button><\/p><div class=\"collapse-content collapse\" id=\"collapseae4fd9d0\">\n<div class=\"wp-block-rbc-collapsible-inner-block collapse-inner\">\n<section class=\"wp-block-rbc-rbc-tabs-block aligncenter  section-tabs full-width tabs-scroll is-style-default\" id=\"Canadian-income-quintiles\" aria-label=\"Section Tabs\"><div class=\"section-inner \"><ul class=\"tab-nav \" role=\"tablist\"><li role=\"presentation\"><a href=\"#section-content-16f2699a\" id=\"section-tab-16f2699a\" role=\"tab\" data-toggle=\"tab\" data-bs-toggle=\"tab\" data-bs-target=\"#section-content-16f2699a\" aria-controls=\"section-content-16f2699a\" aria-selected=\"false\" data-dig-id=\"LP-Uncategorized-1318-16f2699a\" data-dig-category=\"LP-Uncategorized\" data-dig-action=\"tab select\" data-dig-label=\"FR\">FR<\/a><\/li><li role=\"presentation\"><a href=\"#section-content-2fa9df2f\" id=\"section-tab-2fa9df2f\" role=\"tab\" data-toggle=\"tab\" data-bs-toggle=\"tab\" data-bs-target=\"#section-content-2fa9df2f\" aria-controls=\"section-content-2fa9df2f\" aria-selected=\"false\" data-dig-id=\"LP-Uncategorized-1318-2fa9df2f\" data-dig-category=\"LP-Uncategorized\" data-dig-action=\"tab select\" data-dig-label=\"ENG\">ENG<\/a><\/li><\/ul><div class=\"tab-ctrl\"><button class=\"tabs-prev hidden\"><span class=\"offscreen\">Go to previous tab<\/span><\/button><button class=\"tabs-next\"><span class=\"offscreen\">Go to next tab<\/span><\/button><\/div><div class=\"tab-content\">\n<div class=\"wp-block-rbc-rbc-tab-content\"><div role=\"tabpanel\" class=\"tab-pane\" aria-labelledby=\"section-tab-16f2699a\" id=\"section-content-16f2699a\" tabindex=\"0\">\n<p class=\"wp-block-paragraph\">Bonjour et bienvenue au Balado: Prenez 10 minutes. Je suis votre animatrice, Claire Fan.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Et je m\u2019appelle Carrie Freestone.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Le temps passe si vite! Entre la couverture des droits de douane, les tensions g\u00e9opolitiques et l\u2019IA (au passage, merci \u00e0 Imri d\u2019avoir couvert ce sujet), nous sommes d\u00e9j\u00e0 \u00e0 la mi-mai et la saison.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Vous avez raison, le temps passe vraiment vite! \u00c0 l\u2019approche de la mi-2026, c\u2019est le bon moment pour prendre le pouls du march\u00e9 de l\u2019emploi. Beaucoup de Canadiens se demandent si les pertes d\u2019emplois de cette ann\u00e9e vont s\u2019acc\u00e9l\u00e9rer ou si l\u2019embauche va reprendre maintenant que l\u2019\u00e9conomie est en pleine reprise.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nous pensons que tout est dans les d\u00e9tails, et nous allons parler aujourd\u2019hui de quelques grandes tendances qui laissent entrevoir un optimisme \u00e0 l\u2019\u00e9gard du march\u00e9 de l\u2019emploi au Canada, malgr\u00e9 les manchettes d\u00e9faitistes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nous esp\u00e9rons que cette discussion aidera nos auditeurs \u00e0 comprendre ce qui se passe sur le march\u00e9 de l\u2019emploi, qu\u2019ils soient \u00e0 la recherche d\u2019un emploi, pr\u00e9occup\u00e9s par le leur ou simplement curieux.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">D\u2019accord, je suis pr\u00eate. Allons-y.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Partie\u00a01\u00a0:<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Claire, commen\u00e7ons par une perspective globale. Le march\u00e9 du travail au Canada a beaucoup souffert. Selon vous, o\u00f9 en sommes-nous actuellement?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Je pense que le point cl\u00e9 est qu\u2019apr\u00e8s des ann\u00e9es de ralentissement \u00e0 la suite du dernier cycle de resserrement de la Banque du Canada, le march\u00e9 du travail a commenc\u00e9 \u00e0 s\u2019am\u00e9liorer \u00e0 la fin de 2025.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">La reprise n\u2019a pas \u00e9t\u00e9 harmonieuse. En fait, elle a \u00e9t\u00e9 in\u00e9gale et lente. Un autre \u00e9l\u00e9ment complique aussi la situation&nbsp;: la croissance d\u00e9mographique a fortement ralenti l\u2019an dernier, ce qui change fondamentalement ce que nous devrions consid\u00e9rer comme une croissance de l\u2019emploi \u00ab&nbsp;forte&nbsp;\u00bb ou \u00ab&nbsp;faible&nbsp;\u00bb.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Les grands titres ne nous disent donc pas grand-chose sans ce contexte.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ceci est un point important. Donc, si nous ne pouvons pas simplement regarder les chiffres de l\u2019emploi qui font les manchettes, \u00e0 quoi devrions-nous pr\u00eater attention?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bonne question. Lorsque les donn\u00e9es globales sur l\u2019emploi sont moins fiables que d\u2019habitude pour mesurer la sant\u00e9 du march\u00e9 du travail, les d\u00e9tails sous-jacents importent plus que jamais.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u00c0 l\u2019examen de ces d\u00e9tails, nous d\u00e9celons des signes encourageants. Pour vous donner un aper\u00e7u, les pertes d\u2019emplois au Canada ont \u00e9t\u00e9 importantes, mais concentr\u00e9es dans quelques secteurs. Les licenciements permanents diminuent, le ch\u00f4mage cach\u00e9 est stable et l\u2019embauche commence \u00e0 rebondir.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ceci nous indique qu\u2019il y a une r\u00e9silience sous-jacente.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">D\u2019accord, examinons chacun de ces points. Vous avez parl\u00e9 de pertes d\u2019emplois concentr\u00e9es au Canada. Comment et pourquoi en est-il ainsi? Qu\u2019est-ce qui les motive vraiment?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Les droits de douane impos\u00e9s par les \u00c9tats-Unis ont durement frapp\u00e9 les industries canadiennes expos\u00e9es, entra\u00eenant des pertes d\u2019emplois.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">L\u2019emploi dans les secteurs fortement tributaires de la demande am\u00e9ricaine, d\u00e9finis comme ayant plus de 35&nbsp;% d\u2019emplois li\u00e9s \u00e0 la demande am\u00e9ricaine, a chut\u00e9 de 2&nbsp;% depuis f\u00e9vrier&nbsp;2025. C\u2019est une acc\u00e9l\u00e9ration par rapport \u00e0 la perte de 1&nbsp;% enregistr\u00e9e l\u2019ann\u00e9e pr\u00e9c\u00e9dente. Mais, point essentiel&nbsp;: cette faiblesse ne s\u2019est pas propag\u00e9e. D\u2019autres secteurs ax\u00e9s sur la demande int\u00e9rieure ont connu une croissance de l\u2019emploi de 1&nbsp;% au cours de la m\u00eame p\u00e9riode de deux ans.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">En gros, quelle est la part de ces industries dans l\u2019emploi au Canada?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Statistique Canada estime qu\u2019en 2024, la demande am\u00e9ricaine repr\u00e9sentait environ 12&nbsp;% de l\u2019emploi total au Canada.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mais pour le secteur manufacturier, cette part est beaucoup plus \u00e9lev\u00e9e. Environ 41&nbsp;%, et dans la construction automobile et la production et la transformation de l\u2019aluminium, c\u2019est plus des deux tiers. Donc tr\u00e8s important.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Essentiellement, la r\u00e9alit\u00e9 du travail au Canada est double. Il y a des difficult\u00e9s r\u00e9elles dans des secteurs pr\u00e9cis, mais la grande majorit\u00e9 des emplois \u2014 environ 90&nbsp;% qui sont ax\u00e9s sur la demande int\u00e9rieure \u2014 connaissent toujours une croissance de l\u2019emploi.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u00c0 l\u2019avenir, nous nous attendons \u00e0 des d\u00e9penses soutenues des m\u00e9nages, des entreprises et des gouvernements du Canada pour soutenir l\u2019expansion de ces secteurs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Donc, l\u2019\u00e9conomie ne fait pas ce que nous aurions pu craindre au d\u00e9part \u00e0 cause des droits de douane am\u00e9ricains, c\u2019est-\u00e0-dire une propagation des difficult\u00e9s.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Qu\u2019en est-il des licenciements en g\u00e9n\u00e9ral? Sont-ils en hausse, en baisse ou \u00e0 peu pr\u00e8s les m\u00eames?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Malgr\u00e9 les pertes d\u2019emplois persistantes dans les secteurs expos\u00e9s aux droits de douane, les licenciements au Canada ont diminu\u00e9 depuis la fin de 2025. Cette dynamique est parfaitement d\u00e9crite par \u00ab&nbsp;peu d\u2019embauches, peu de licenciements&nbsp;\u00bb.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Donc, les entreprises ne licencient pas, mais elles h\u00e9sitent \u00e0 embaucher.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Exactement. De toute \u00e9vidence, un recrutement toujours faible n\u2019est pas sain. D\u2019apr\u00e8s nos calculs, cela a fait chuter la part des nouveaux emplois dans l\u2019emploi total \u00e0 un creux presque record en mars.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">La bonne nouvelle, c\u2019est que nous voyons des signes d\u2019am\u00e9lioration. Au d\u00e9but de 2026, les mises \u00e0 pied temporaires et les emplois devant commencer \u00e0 une date ult\u00e9rieure ont augment\u00e9. Cela nous indique qu\u2019il y a de la croissance en perspective, puisqu\u2019il s\u2019agit de travailleurs qui sont actuellement au ch\u00f4mage, mais qui ont un emploi \u00e0 reprendre ou \u00e0 commencer bient\u00f4t.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Int\u00e9ressant!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Partie\u00a02\u00a0:<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">D\u2019accord, parlons du taux de ch\u00f4mage au Canada. Nous avons mentionn\u00e9 \u00e0 maintes reprises dans le pass\u00e9 pourquoi nous devons accorder plus d\u2019attention au taux de ch\u00f4mage qu\u2019aux chiffres sur l\u2019emploi. Claire, pouvez-vous nous expliquer bri\u00e8vement pourquoi?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bien s\u00fbr. C\u2019est parce que c\u2019est un meilleur indicateur de la dynamique de l\u2019offre et de la demande sur le march\u00e9 du travail. Filtrer les tendances non cycliques, comme les changements de politiques d\u2019immigration, qui peuvent avoir une grande influence sur les chiffres de l\u2019emploi. Le taux de ch\u00f4mage est \u00e9galement plus stable et moins r\u00e9vis\u00e9 au fil du temps.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Il y a toutefois une occasion o\u00f9 ce taux peut passer \u00e0 c\u00f4t\u00e9 de la faiblesse sous-jacente du march\u00e9 de l\u2019emploi. Et c\u2019est l\u00e0 que le ch\u00f4mage cach\u00e9 augmente.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Et qu\u2019est-ce que le ch\u00f4mage cach\u00e9?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Le ch\u00f4mage cach\u00e9 peut se produire lorsque le temps partiel involontaire augmente, ou lorsque les chercheurs d\u2019emploi se d\u00e9couragent et sortent compl\u00e8tement de la population active.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Dans les deux cas, ces travailleurs ne sont pas techniquement au ch\u00f4mage. Ils ne sont donc pas pris en compte dans le taux de ch\u00f4mage officiel. Mais voici un point rassurant&nbsp;: Statistique Canada produit des mesures plus g\u00e9n\u00e9rales du ch\u00f4mage comme le taux R-8. Il inclut ces sources de ch\u00f4mage, de sorte qu\u2019il est plus facile de voir quand ces distorsions se produisent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Jusqu\u2019\u00e0 maintenant, nous constatons que le taux de ch\u00f4mage des R-8 demeure \u00e9troitement align\u00e9 sur le taux officiel des R-4. Les deux sont relativement inchang\u00e9s par rapport \u00e0 l\u2019an dernier, ce qui laisse entendre qu\u2019il n\u2019y a pas beaucoup de faiblesse camoufl\u00e9e au-del\u00e0 de ce que la mesure officielle saisit d\u00e9j\u00e0.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hmm. Qu\u2019en est-il des jeunes chercheurs d\u2019emploi? On s\u2019inqui\u00e8te beaucoup du taux de ch\u00f4mage plus \u00e9lev\u00e9 chez les jeunes adultes. Y a-t-il d\u2019autres signes de faiblesse sous la surface?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Pas vraiment. Comme vous l\u2019avez dit, la faiblesse de l\u2019embauche a touch\u00e9 de fa\u00e7on disproportionn\u00e9e les jeunes chercheurs d\u2019emploi qui entrent sur le march\u00e9 du travail, car ils ont tendance \u00e0 constituer un plus grand nombre de chercheurs d\u2019emploi \u00e0 un moment donn\u00e9. Et cela a entra\u00een\u00e9 une hausse du ch\u00f4mage dans cette tranche d\u2019\u00e2ge.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mais il y a peu de signes de ch\u00f4mage cach\u00e9 chez les jeunes Canadiens. En 2025, les donn\u00e9es de Statistique Canada sur les NEET \u2014 jeunes adultes qui ne sont ni en emploi ni aux \u00e9tudes \u2014 sont demeur\u00e9es pr\u00e8s des niveaux d\u2019avant la pand\u00e9mie. Cela signifie que les jeunes n\u2019ont pas, en grand nombre, cess\u00e9 de rechercher un emploi. Cette pers\u00e9v\u00e9rance pourrait payer cette ann\u00e9e, car l\u2019embauche devrait rebondir.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">D\u2019accord, parlons de fa\u00e7on plus g\u00e9n\u00e9rale de la demande de main-d\u2019\u0153uvre et des tendances de l\u2019offre. Vous avez parl\u00e9 d\u2019am\u00e9liorations en 2026. Pouvez-vous pr\u00e9ciser?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Eh bien, selon l\u2019Enqu\u00eate sur les perspectives des entreprises pour le premier trimestre de la Banque du Canada, les intentions d\u2019embauche d\u2019entreprises s\u2019\u00e9taient am\u00e9lior\u00e9es au d\u00e9but de 2026. Les entreprises avaient l\u2019intention d\u2019embaucher plus de travailleurs pour accro\u00eetre leur productivit\u00e9 et leur capacit\u00e9, et pas seulement pour faire du surplace.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Cela refl\u00e8te probablement l\u2019augmentation des d\u00e9penses des m\u00e9nages au cours de 2025 et un apaisement des pr\u00e9occupations commerciales parmi les entreprises moins expos\u00e9es aux droits de douane am\u00e9ricains. La question est maintenant la suivante&nbsp;: ce changement a-t-il eu lieu apr\u00e8s le d\u00e9clenchement du conflit au Moyen-Orient? Les premi\u00e8res donn\u00e9es indiquent que non.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">L\u2019indice du Barom\u00e8tre des affaires FCEI, qui a sond\u00e9 des PME canadiennes, a diminu\u00e9 en mars et en avril, mais il est demeur\u00e9 bien au-dessus des niveaux d\u2019il y a un an. Et voici le hic&nbsp;: la part des petites entreprises qui pr\u00e9voient de cr\u00e9er des emplois au cours des prochains mois a en fait continu\u00e9 d\u2019augmenter en avril. C\u2019est un signal assez solide de r\u00e9silience \u00e0 court terme.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">En effet, c\u2019est tr\u00e8s encourageant. D\u2019accord, terminons cet \u00e9pisode avec l\u2019offre de main-d\u2019\u0153uvre. Nous savons que la croissance d\u00e9mographique du Canada ralentit consid\u00e9rablement en raison des efforts d\u00e9ploy\u00e9s par le gouvernement pour contenir l\u2019immigration.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Dans quelle mesure cela pourrait redessiner l\u2019offre de main-d\u2019\u0153uvre cette ann\u00e9e?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Une immigration plus lente signifie non seulement une offre de main-d\u2019\u0153uvre r\u00e9duite dans l\u2019ensemble, mais aussi une population active qui vieillit plus rapidement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">L\u2019immigration tend \u00e0 attirer les jeunes travailleurs et les familles. Ainsi, l\u2019immigration rapide entre 2022 et 2024 a suffi \u00e0 compenser temporairement le d\u00e9clin du taux d\u2019activit\u00e9 d\u2019une population vieillissante et la hausse des d\u00e9parts \u00e0 la retraite. Lorsque l\u2019immigration a ralenti en 2025, ce d\u00e9clin a repris.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Au printemps 2026, le taux d\u2019activit\u00e9 du Canada a atteint son plus bas niveau depuis 1997, \u00e0 l\u2019exclusion de la pand\u00e9mie.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Le vieillissement de la population a une incidence importante sur le taux d\u2019activit\u00e9.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Effectivement. Au cours de la derni\u00e8re ann\u00e9e, plus de 300&nbsp;000 travailleurs ont d\u00e9clar\u00e9 avoir pris leur retraite, un nombre record. Avec l\u2019acc\u00e9l\u00e9ration des d\u00e9parts \u00e0 la retraite et la stagnation de l\u2019immigration, l\u2019offre de main-d\u2019\u0153uvre au Canada continuera de se restreindre cette ann\u00e9e.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Compte tenu de tout cela, qu\u2019est-ce que cela signifie pour le march\u00e9 du travail canadien en 2026?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Eh bien, l\u2019embauche continuera de se r\u00e9tablir, soutenue par une demande int\u00e9rieure r\u00e9siliente. La main-d\u2019\u0153uvre diminuera en raison de tout ce dont nous venons de parler.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nous envisageons donc un sc\u00e9nario o\u00f9 les capacit\u00e9s exc\u00e9dentaires sur le march\u00e9 du travail commenceront probablement \u00e0 \u00eatre absorb\u00e9es, ce qui fera baisser le taux de ch\u00f4mage de fa\u00e7on persistante pendant le reste de 2026. C\u2019est notre pr\u00e9vision de base.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Et c\u2019est la conclusion du Balado: Prenez 10&nbsp;minutes de cette semaine. Merci de nous avoir \u00e9cout\u00e9es, et nous vous reverrons dans deux semaines.<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-tab-content\"><div role=\"tabpanel\" class=\"tab-pane\" aria-labelledby=\"section-tab-2fa9df2f\" id=\"section-content-2fa9df2f\" tabindex=\"0\">\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<p class=\"wp-block-paragraph\">Hello and welcome back to the 10-Minute Take. I\u2019m your host, Claire Fan.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And I\u2019m Carrie Freestone.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Time flies! Between covering tariffs, geopolitical tensions, and AI (thanks Imri for covering btw), we\u2019re already halfway through May and the season.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You\u2019re right, it does go quickly! As we head into mid-2026, it\u2019s a good time to check the pulse of the jobs\u2019 market. Many in Canada are wondering whether job losses this year will accelerate, or if hiring will pick up now that the economy is in recovery mode.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We think the answer lies in the details. and that\u2019s what we\u2019re diving into today, on a few key critical trends that suggest optimism in Canada\u2019s jobs market despite the gloomy headlines.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We hope this discussion will help listeners understand what\u2019s happening in the jobs market\u2014whether you\u2019re looking for a job, worried about yours, or just naturally curious.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Alright, my sleeves are already rolled up. Let\u2019s get started.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Part 1<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">So Claire, let\u2019s start with the big picture. Canada\u2019s labour market has been through quite a bit. What\u2019s your read on where we are right now?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">I think the key insight is that after years of softening following the last BoC tightening cycle, Canada\u2019s labour market actually started improving in late 2025.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Now, the recovery hasn\u2019t been smooth. In fact, it\u2019s been uneven and slow. Here\u2019s something &nbsp;that also complicates the story: Population growth slowed sharply last year, which fundamentally changes what we should consider \u201cstrong\u201d or \u201cweak\u201d job growth.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That means headline numbers alone don\u2019t tell us much without that context. &nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That\u2019s an important point. So, if we can\u2019t just look at headline employment numbers, what should we be paying attention to?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Great question. When aggregate employment data is less reliable than usual as a gauge of labour market health, the underlying details matter more than ever.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When we look at those details, we actually see some encouraging signs. For a quick overview, job losses in Canada have been large, but concentrated in a few sectors. Permanent layoffs are declining, hidden unemployment is stable, and hiring is starting to rebound.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These things tell us there\u2019s resilience underneath.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Okay let\u2019s dig into each of them. You mentioned concentrated job losses in Canada\u2014how and why is that the case? What\u2019s really driving them?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">U.S. tariffs have hit exposed Canadian industries hard, driving job losses.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Employment in sectors heavily dependent on U.S. demand, defined as having more than 35% of jobs tied to U.S. demand, fell 2% since February 2025. That\u2019s an acceleration from the 1% loss seen in the year before. But here\u2019s the critical part: That weakness has not spread. Other sectors that focus on domestic demand saw 1% job growth over the same two-year period.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Roughly sizing these industries, how big are they as a share in Canada\u2019s employment?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Statistics Canada estimates that in 2024, U.S. demand accounted for about 12% of total Canadian employment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But for manufacturing, that share is much higher. About 41%, and in auto manufacturing and aluminum production and processing, it exceeds two-thirds. So very sizable.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Essentially, Canada\u2019s labour reality is bifurcated. There is real pain in a specific corner, but the vast majority of jobs\u2014roughly 90% that focus on domestic demand\u2014are still seeing job growth.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Moving forward, we expect healthy spending from households, businesses, and governments within Canada to support further expansion in these sectors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">So, the economy isn\u2019t doing what we may have feared initially from U.S. tariffs\u2014spreading the pain.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">What about overall layoffs? Are they rising, falling, or about the same?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Despite persistent job losses in tariff exposed sectors, layoffs in Canada have actually been falling since late 2025. This dynamic is best characterized \u201clow hire, low fire\u201d.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">So companies aren\u2019t firing, they\u2019re just being cautious about hiring.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Exactly. Persistently weak hiring obviously isn\u2019t healthy. By our count, that has pushed the share of new jobs to total employment down near a record low in March.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The good news is we\u2019re seeing tentative signs of improvement. Early in 2026, both temporary layoffs and future job starts have risen. This tells us there is growth ahead since those represent workers that are currently unemployed, but have jobs lined up to return to or start soon.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Interesting!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Part 2<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Okay let\u2019s talk about the unemployment rate in Canada. We have mentioned many times in the past why we should be paying more attention to the unemployment rate than headline employment numbers. Claire can you briefly talk about the why?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sure. that\u2019s because it\u2019s a better gauge of supply-demand dynamics in the job market. Filtering out non-cyclical trends like immigration policy changes that can influence headline employment numbers quite a bit. The u-rate is also more stable, and less revised over time.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">There is, however, one occasion where it can miss the underlying weakness in the jobs market. And that\u2019s when hidden unemployment rises.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And what is hidden unemployment?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hidden unemployment can occur when more people work part-time instead of the full-time jobs they want, or when job seekers get discouraged and drop out of the labour force entirely.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In both cases, these workers are not technically unemployed. So they are not captured in the official unemployment rate. But here\u2019s what\u2019s reassuring: Statistics Canada does produce broader unemployment measures like the R-8 rate. That includes these sources of unemployment, so it\u2019s easier to see when those distortions are occurring.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">So far, what we\u2019re seeing is the R-8 unemployment rate that remains closely aligned with the official R-4 rate. Both have been relatively unchanged from a year ago, suggesting there isn\u2019t much hidden weakness beyond what the official measure already captures.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hmm. What about younger job seekers? There\u2019s been a lot of concern with higher unemployment among young adults. Any signs there\u2019s more weakness beneath the surface?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Not really. Like you said, weak hiring has disproportionately affected young job seekers entering the labour market, as they tend to make up more of the job seekers at a given time. And that\u2019s driven elevated unemployment in this age group.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But, there\u2019s limited signs of hidden unemployment among young Canadians. Statistics Canada\u2019s data on NEETs\u2014young adults not employed or in school\u2014remained close to pre-pandemic levels in 2025. That\u2019s telling us young people haven\u2019t abandoned their job searches in significant numbers. That persistence could be rewarded this year as hiring is expected to bounce back.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Okay let\u2019s talk more broadly about labour demand and supply trends. You mentioned improvements in 2026. What does that look like?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Well, business hiring intentions were improving in early 2026, according to the Bank of Canada\u2019s first quarter Business Outlook Survey. Firms were planning to hire more workers to boost productivity and capacity, not just keep the lights on.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That likely reflects increased household spending through 2025, and easing trade concerns among companies less exposed to U.S. tariffs. Now the question is: Did that change after the Middle East conflict broke out. Early data is saying no.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The CFIB Business Barometer index that\u2019s surveyed among Canadian SMEs did soften in March and April, but it stayed well above levels a year ago. And here\u2019s the kicker: The share of small businesses expecting to add jobs over the next few months actually continued to rise in April. That\u2019s a pretty solid signal of resilience in the near term.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Very encouraging indeed. Okay, let\u2019s wrap up this episode with labour supply. We know Canada\u2019s population growth is slowing sharply due to government\u2019s effort to contain immigration. &nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">How do we expect that to shape labour supply this year?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Well slower immigration not only means less labour supply on the aggregate, but also a faster aging labour force.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Immigration tends to attract younger workers and families. So, rapid immigration between 2022 and 2024 was enough to temporarily offset the decline in labour force participation from an aging population and rising retirement. But when immigration slowed in 2025, that decline resumed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">By spring of 2026, Canada\u2019s labour force participation rate hit its lowest level since 1997, excluding the pandemic.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That\u2019s a significant impact on participation from aging demographics.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It really is. In the last year, more than 300,000 workers on average reported they retired\u2014a record high. With retirements accelerating and immigration remaining sluggish, Canada\u2019s labour supply will continue to tighten this year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">So putting it all together, what does this mean for Canada\u2019s labour market in 2026?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Well, hiring will continue to recover, supported by resilient domestic demand. That will be met with a shrinking labour force due to everything we just discussed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Together, we\u2019re looking at a scenario where slack in the jobs market will likely start to be absorbed, driving the unemployment rate persistently lower over the rest of 2026. That\u2019s our base case forecast.<\/p>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div><\/div><\/section>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">1er mai 2026<\/p>\n\n\n\n<h4 id=\"h-s4-e8-l-incidence-croissante-de-l-ia-sur-l-economie-americaine\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S4:E8 L\u2019incidence croissante de l\u2019IA sur l\u2019\u00e9conomie am\u00e9ricaine<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Les \u00c9tats-Unis affichent une forte croissance de la productivit\u00e9, les investissements des entreprises dans le traitement de l\u2019information et le mat\u00e9riel ont bondi, et les manchettes sur le remplacement des emplois par l\u2019intelligence artificielle (IA) s\u2019intensifient.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Mais dans quelle mesure est-ce tout \u00e7a attribuable \u00e0 l\u2019IA, et dans quelle mesure s\u2019agit-il simplement de bruit?<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">La r\u00e9alit\u00e9 est nuanc\u00e9e. Nous sommes encore largement aux premi\u00e8res \u00e9tapes des investissements dans l\u2019IA, et il est trop t\u00f4t pour dire si l\u2019IA a entra\u00een\u00e9 une rupture structurelle de la dynamique de productivit\u00e9. Les craintes de pertes g\u00e9n\u00e9ralis\u00e9es d\u2019emplois pourraient dominer le discours, mais les donn\u00e9es sur le march\u00e9 de l\u2019emploi racontent une autre histoire.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Dans cet \u00e9pisode de Prenez 10&nbsp;minutes, les \u00e9conomistes am\u00e9ricains de RBC, Carrie&nbsp;Freestone et Imri&nbsp;Haggin, abordent les questions suivantes&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc mar-b-hlf mar-t-qtr mob-mar-t-qtr mob-mar-b-hlf mar-l-hlf mob-mar-l-hlf\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Les r\u00e9cents gains de productivit\u00e9 sont-ils attribuables \u00e0 l\u2019adoption de l\u2019IA ou refl\u00e8tent-ils d\u2019autres facteurs?<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Comment les d\u00e9penses en immobilisations li\u00e9es \u00e0 l\u2019IA influent-elles sur les investissements des entreprises?<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Ce que les donn\u00e9es r\u00e9v\u00e8lent sur l&rsquo;impact de l&rsquo;IA sur l&#8217;emploi et si le d\u00e9placement de la main-d&rsquo;\u0153uvre se produit.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">\u00c9coutez notre plus r\u00e9cent \u00e9pisode ici ou partout o\u00f9 vous obtenez vos&nbsp;<em>(ce contenu est disponible en anglais seulement)<\/em>:<\/p>\n\n\n\n<div style=\"width:100%;height:200px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/player.captivate.fm\/episode\/bbc20e95-f0c6-407a-af56-e2f55c46ebe5\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong><strong><strong><strong>\u00c0 \u00e9couter sur<\/strong><\/strong><\/strong><\/strong>:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/feeds.captivate.fm\/the-10-minute-take\/\" data-dig-id=\"LP-Uncategorized-1318-5e618db8\" data-dig-label=\"Captivate\" data-dig-action=\"link click\" data-dig-category=\"LP-Uncategorized\" class=\"rbc-link-format\">Captivate<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">April 16, 2026<\/p>\n\n\n\n<h4 id=\"h-s4-e7-le-choc-petrolier-ravivera-t-il-des-pressions-inflationnistes-generalisees-au-canada\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S4:E7 Le choc p\u00e9trolier ravivera-t-il des pressions inflationnistes g\u00e9n\u00e9ralis\u00e9es au Canada?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Les prix mondiaux du p\u00e9trole demeurent \u00e9lev\u00e9s, car le conflit au Moyen-Orient persiste. Cela soul\u00e8ve des questions quant \u00e0 un retour potentiel des pressions inflationnistes g\u00e9n\u00e9ralis\u00e9es observ\u00e9es au Canada pendant et apr\u00e8s la pand\u00e9mie.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Ce choc est toutefois fondamentalement diff\u00e9rent de ceux du pass\u00e9. Contrairement \u00e0 2022, lorsque la guerre entre la Russie et l\u2019Ukraine a aggrav\u00e9 les perturbations syst\u00e9miques des cha\u00eenes d\u2019approvisionnement d\u00e9coulant des confinements li\u00e9s \u00e0 la pand\u00e9mie, le choc des marchandises d\u2019aujourd\u2019hui est \u00e9troitement concentr\u00e9 dans le secteur du p\u00e9trole et se produit \u00e0 un moment o\u00f9 les cha\u00eenes d\u2019approvisionnement mondiales sont plus r\u00e9silientes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nous vous invitons \u00e0 \u00e9couter l\u2019\u00e9pisode de Prenez 10&nbsp;minutes de cette semaine, dans lequel les \u00e9conomistes de RBC Claire&nbsp;Fan et Carrie&nbsp;Freestone discutent des questions suivantes&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc mar-b-hlf mar-t-qtr mob-mar-t-qtr mob-mar-b-hlf mar-l-hlf mob-mar-l-hlf\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">En quoi la port\u00e9e et l\u2019ampleur du choc des prix des marchandises diff\u00e8rent-elles de la situation lors du d\u00e9clenchement de la guerre entre la Russie et l\u2019Ukraine en 2022?<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Dans quelle mesure les perturbations localis\u00e9es et contenues des cha\u00eenes d\u2019approvisionnement cette ann\u00e9e pourraient-elles influer sur l\u2019inflation mondiale?<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Pourquoi les consommateurs canadiens pourraient-ils \u00eatre moins tol\u00e9rants \u00e0 la hausse des prix qu\u2019en 2022?<\/p>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">\u00c9coutez notre plus r\u00e9cent \u00e9pisode ici ou partout o\u00f9 vous obtenez vos&nbsp;<em>(ce contenu est disponible en anglais seulement)<\/em>:<\/p>\n\n\n\n<div style=\"width:100%;height:200px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/player.captivate.fm\/episode\/bae7afc8-c268-4cb1-8bfb-e28683200d2b\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong><strong><strong><strong>\u00c0 \u00e9couter sur<\/strong><\/strong><\/strong><\/strong>:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/feeds.captivate.fm\/the-10-minute-take\/\" data-dig-id=\"LP-Uncategorized-1318-5e618db8\" data-dig-label=\"Captivate\" data-dig-action=\"link click\" data-dig-category=\"LP-Uncategorized\" class=\"rbc-link-format\">Captivate<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">13 mars 2026<\/p>\n\n\n\n<h4 id=\"h-s4-e6-la-hausse-des-prix-du-petrole-est-elle-bonne-ou-mauvaise-pour-l-economie-canadienne\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S4:E6 La hausse des prix du p\u00e9trole est-elle bonne ou mauvaise pour l\u2019\u00e9conomie canadienne?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Le conflit en cours au Moyen-Orient a fait grimper les prix mondiaux du p\u00e9trole, ce qui soul\u00e8ve des questions quant \u00e0 son incidence sur l\u2019\u00e9conomie du Canada, qui est un exportateur de p\u00e9trole.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Ce choc diff\u00e8re fondamentalement de ce que l\u2019on a observ\u00e9 par le pass\u00e9, notamment lors de l\u2019effondrement des prix du p\u00e9trole en 2015, qui a entra\u00een\u00e9 des changements structurels dans le secteur canadien de l\u2019\u00e9nergie au cours de la derni\u00e8re d\u00e9cennie. Dans le contexte actuel, les prix \u00e9lev\u00e9s du p\u00e9trole ont eu un effet net \u00e9tonnamment neutre sur la croissance \u00e9conomique r\u00e9elle.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nous vous invitons \u00e0 \u00e9couter l\u2019\u00e9pisode de Prenez 10&nbsp;minutes de cette semaine, dans lequel les \u00e9conomistes de RBC Claire&nbsp;Fan et Carrie&nbsp;Freestone discutent des sujets suivants&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc mar-b-hlf mar-t-qtr mob-mar-t-qtr mob-mar-b-hlf mar-l-hlf mob-mar-l-hlf\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Les raisons pour lesquelles les investissements \u00e9nerg\u00e9tiques ne devraient pas augmenter rapidement au pays malgr\u00e9 la hausse des prix du p\u00e9trole;<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">L\u2019effet variable du choc des prix, lequel peut avantager certains secteurs, mais nuire \u00e0 d\u2019autres;<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Ce \u00e0 quoi l\u2019on peut s\u2019attendre de la Banque du Canada en mati\u00e8re de taux \u00e0 mesure qu\u2019\u00e9voluent les pressions inflationnistes.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">\u00c9coutez notre plus r\u00e9cent \u00e9pisode ici ou partout o\u00f9 vous obtenez vos&nbsp;<em>(ce contenu est disponible en anglais seulement)<\/em>:<\/p>\n\n\n\n<div style=\"width:100%;height:200px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/player.captivate.fm\/episode\/039d911e-c149-40a7-8e26-59c5f3477fec\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong><strong><strong>\u00c0 \u00e9couter sur&nbsp;<\/strong><\/strong>:<\/strong> <\/strong><a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/feeds.captivate.fm\/the-10-minute-take\/\" data-dig-id=\"LP-Uncategorized-1318-5e618db8\" data-dig-label=\"Captivate\" data-dig-action=\"link click\" data-dig-category=\"LP-Uncategorized\" class=\"rbc-link-format\">Captivate<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">13&nbsp;mars&nbsp;2026<\/p>\n\n\n\n<h4 id=\"h-s4-e5-les-repercussions-du-choc-petrolier-mondial-sur-l-inflation-aux-etats-unis\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S4:E5 <strong>Les r\u00e9percussions du choc p\u00e9trolier mondial sur l\u2019inflation aux \u00c9tats-Unis<\/strong><\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">La hausse des prix du p\u00e9trole et son incidence sur l\u2019\u00e9conomie am\u00e9ricaine \u00e9voluent continuellement, et la dur\u00e9e de la crise sera le principal d\u00e9terminant du d\u00e9nouement de l\u2019inflation globale.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Si ce choc persiste, la hausse des prix de l\u2019\u00e9nergie viendra s\u2019ajouter aux pressions inflationnistes sous-jacentes, \u00e0 mesure que les droits de douane se r\u00e9percuteront sur les prix.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Dans cet \u00e9pisode de Prenez 10&nbsp;minutes, Mike&nbsp;Reid, chef, Services \u00e9conomiques&nbsp;RBC&nbsp;\u2013 \u00c9tats-Unis, se joint \u00e0 l\u2019\u00e9conomiste Carrie&nbsp;Freestone pour discuter de sa fa\u00e7on de penser l\u2019inflation et des r\u00e9percussions sur la consommation au cours des prochains mois. Sujets couverts dans l\u2019\u00e9pisode&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc mar-b-hlf mar-t-qtr mob-mar-t-qtr mob-mar-b-hlf mar-l-hlf mob-mar-l-hlf\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">\u00c9laboration d\u2019un \u00e9ventail de sc\u00e9narios pour \u00e9valuer l\u2019incidence potentielle de la hausse des prix de l\u2019\u00e9nergie sur l\u2019inflation globale.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Les premiers signes d\u2019une r\u00e9percussion des droits de douane commencent d\u00e9j\u00e0 \u00e0 se manifester en coulisses.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">La question de savoir si le march\u00e9 am\u00e9ricain de l\u2019emploi et les consommateurs sont bien plac\u00e9s pour r\u00e9sister \u00e0 ces chocs.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">\u00c9coutez notre plus r\u00e9cent \u00e9pisode ici ou partout o\u00f9 vous obtenez vos&nbsp;<em>(ce contenu est disponible en anglais seulement)<\/em>:<\/p>\n\n\n\n<div style=\"width:100%;height:200px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/player.captivate.fm\/episode\/c7f11fb4-ecd8-486f-9bf0-fabc7bc8ac39\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong><strong><strong>\u00c0 \u00e9couter sur&nbsp;<\/strong><\/strong>:<\/strong> <\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/feeds.captivate.fm\/the-10-minute-take\/\" data-dig-id=\"LP-Uncategorized-1318-5e618db8\" data-dig-label=\"Captivate\" data-dig-action=\"link click\" data-dig-category=\"LP-Uncategorized\" class=\"rbc-link-format\">Captivate<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">26 f\u00e9vrier 2026<\/p>\n\n\n\n<h4 id=\"h-s4-nbsp-e4-que-nous-reserve-l-avenir-en-matiere-de-droits-de-douane-americains-apres-l-annulation-de-l-ieepa\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S4&nbsp;: E4 <strong>Que nous r\u00e9serve l\u2019avenir en mati\u00e8re de droits de douane am\u00e9ricains apr\u00e8s l\u2019annulation de l\u2019IEEPA?<\/strong><\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">La d\u00e9cision de la Cour supr\u00eame des \u00c9tats-Unis de s\u2019opposer au recours \u00e0 l\u2019International Emergency Economic Powers Act (IEEPA) pour l\u2019imposition de droits de douane g\u00e9n\u00e9raux est loin de clore cette saga.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">L\u2019administration s\u2019est d\u00e9j\u00e0 tourn\u00e9e vers de nouvelles autorit\u00e9s l\u00e9gislatives et a ouvert des enqu\u00eates en vue de mesures futures. Pour le Canada, les r\u00e9percussions sont plus limit\u00e9es que beaucoup le pensent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Dans cet \u00e9pisode de Prenez 10&nbsp;minutes, Claire Fan et Carrie Freestone de Services \u00e9conomiques&nbsp;RBC expliquent ce que cette d\u00e9cision signifie sur le plan de la politique commerciale et de l\u2019\u00e9conomie. Elles traitent des sujets suivants&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc mar-b-hlf mar-t-qtr mob-mar-t-qtr mob-mar-b-hlf mar-l-hlf mob-mar-l-hlf\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Ce qu\u2019est l\u2019IEEPA, les raisons qui expliquent son annulation et les mesures de rechange que prendra l\u2019administration.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Quatre grands pouvoirs l\u00e9gislatifs que l\u2019administration am\u00e9ricaine pourrait utiliser pour r\u00e9tablir ou accro\u00eetre les tarifs douaniers.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Les raisons pour lesquelles le contexte tarifaire du Canada n\u2019a pas vraiment chang\u00e9 par suite de la d\u00e9cision et ce qui importera dans le cadre de la relation bilat\u00e9rale.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">\u00c9coutez notre plus r\u00e9cent \u00e9pisode ici ou partout o\u00f9 vous obtenez vos&nbsp;<em>(ce contenu est disponible en anglais seulement)<\/em>:<\/p>\n\n\n\n<div style=\"width:100%;height:200px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/player.captivate.fm\/episode\/e47d6388-5a15-4cf1-acb3-f3c0b97ee214\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong><strong><strong>\u00c0 \u00e9couter sur&nbsp;<\/strong><\/strong>:<\/strong> <\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/feeds.captivate.fm\/the-10-minute-take\/\" data-dig-id=\"LP-Uncategorized-1318-5e618db8\" data-dig-label=\"Captivate\" data-dig-action=\"link click\" data-dig-category=\"LP-Uncategorized\" class=\"rbc-link-format\">Captivate<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">12&nbsp;f\u00e9vrier&nbsp;2026<\/p>\n\n\n\n<h4 id=\"h-s4-e3-le-plafond-tenace-de-l-inflation-aux-etats-unis-nbsp-pourquoi-la-cible-de-2-nbsp-de-la-fed-demeure-t-elle-hors-d-atteinte\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S4:E3 <strong><strong><strong><strong><strong><strong>Le plafond tenace de l\u2019inflation aux \u00c9tats-Unis&nbsp;: pourquoi la cible de 2&nbsp;% de la Fed demeure-t-elle hors d\u2019atteinte?<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Un mois apr\u00e8s le d\u00e9but de 2026, l\u2019inflation aux \u00c9tats-Unis continue de d\u00e9passer les 2&nbsp;% pour une cinqui\u00e8me ann\u00e9e cons\u00e9cutive, et ce, pour plusieurs raisons.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Certaines donn\u00e9es r\u00e9centes, notamment la diminution des prix des services de base et des v\u00e9hicules, pourraient laisser entrevoir un all\u00e8gement imminent, mais un examen plus approfondi r\u00e9v\u00e8le qu\u2019il est peu probable que cette tendance se poursuive.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Dans cet \u00e9pisode de Prenez 10&nbsp;minutes, Claire&nbsp;Fan et Carrie&nbsp;Freestone de Services \u00e9conomiques&nbsp;RBC analysent les facteurs qui alimentent l\u2019inflation et expliquent comment s\u2019y retrouver dans le flot d\u2019information. Elles analysent les \u00e9l\u00e9ments suivants&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc mar-b-hlf mar-t-qtr mob-mar-t-qtr mob-mar-b-hlf mar-l-hlf mob-mar-l-hlf\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">La fa\u00e7on dont le resserrement du march\u00e9 de l\u2019emploi, la vigueur des d\u00e9penses de consommation, la r\u00e9percussion des droits de douane sur les cha\u00eenes d\u2019approvisionnement et une mesure de l\u2019inflation du march\u00e9 de l\u2019habitation \u00e0 la tra\u00eene maintiennent l\u2019inflation \u00e0 un niveau \u00e9lev\u00e9.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Les principales diff\u00e9rences entre l\u2019indice des prix \u00e0 la consommation et les d\u00e9penses personnelles de consommation et les raisons pour lesquelles la mesure privil\u00e9gi\u00e9e par la Fed diff\u00e8re souvent des donn\u00e9es globales de l\u2019IPC.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Les principaux enjeux li\u00e9s aux donn\u00e9es et les \u00e9l\u00e9ments \u00e0 surveiller&nbsp;: l\u2019indice des prix \u00e0 la production pour les signaux tarifaires, les sondages aupr\u00e8s des entreprises pour les intentions en mati\u00e8re de prix et la dynamique des salaires pour le plancher de l\u2019inflation.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">\u00c9coutez notre plus r\u00e9cent \u00e9pisode ici ou partout o\u00f9 vous obtenez vos&nbsp;<em>(ce contenu est disponible en anglais seulement)<\/em>:<\/p>\n\n\n\n<div style=\"width:100%;height:200px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/player.captivate.fm\/episode\/edf3b7b4-0ca0-4fb2-b661-1776767a9d24\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong><strong><strong>\u00c0 \u00e9couter sur&nbsp;<\/strong><\/strong>:<\/strong> <\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/feeds.captivate.fm\/the-10-minute-take\/\" data-dig-id=\"LP-Uncategorized-1318-5e618db8\" data-dig-label=\"Captivate\" data-dig-action=\"link click\" data-dig-category=\"LP-Uncategorized\" class=\"rbc-link-format\">Captivate<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">29&nbsp;janvier&nbsp;2026<\/p>\n\n\n\n<h4 id=\"h-s4-e2-nbsp-sortir-du-piege-commercial-nbsp-le-canada-peut-il-se-diversifier-assez-rapidement\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S4:E2&nbsp;<strong>Sortir du pi\u00e8ge commercial&nbsp;: le Canada peut-il se diversifier assez rapidement?<\/strong><\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">La concentration commerciale extr\u00eame du Canada (75&nbsp;% des exportations d\u2019\u00e9nergie et 77&nbsp;% des exportations manufacturi\u00e8res \u00e9tant destin\u00e9es aux \u00c9tats-Unis en&nbsp;2024) a rendu le pays vuln\u00e9rable aux politiques commerciales protectionnistes.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">M\u00eame si les donn\u00e9es de&nbsp;2025 montrent des signes pr\u00e9liminaires encourageants de diversification, la plupart des exportateurs canadiens n\u2019ont toujours pas les infrastructures et les canaux commerciaux n\u00e9cessaires pour s\u2019\u00e9loigner efficacement des march\u00e9s am\u00e9ricains.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans cet \u00e9pisode de Prenez 10&nbsp;minutes, Claire&nbsp;Fan et Carrie&nbsp;Freestone de Services \u00e9conomiques&nbsp;RBC se joignent \u00e0 leur coll\u00e8gue Salim&nbsp;Zanzana pour discuter des sujets suivants&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc mar-b-hlf mar-t-qtr mob-mar-t-qtr mob-mar-b-hlf mar-l-hlf mob-mar-l-hlf\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">La r\u00e9alit\u00e9 commerciale concentr\u00e9e du Canada et son \u00e9volution au cours de la derni\u00e8re ann\u00e9e.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Ce que les premiers efforts de diversification r\u00e9v\u00e8lent sur l\u2019adaptation des exportateurs canadiens.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Les rapprochements r\u00e9cents entre le Canada et la Chine et leur incidence \u00e9conomique.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">\u00c9coutez notre plus r\u00e9cent \u00e9pisode ici ou partout o\u00f9 vous obtenez vos&nbsp;<em>(ce contenu est disponible en anglais seulement<\/em>):<\/p>\n\n\n\n<div style=\"width:100%;height:200px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/player.captivate.fm\/episode\/701543c8-0189-4949-b292-9cc96cbe07d4\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong><strong>\u00c0 \u00e9couter sur&nbsp;<\/strong><\/strong>:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/feeds.captivate.fm\/the-10-minute-take\/\" data-dig-id=\"LP-Uncategorized-1318-5e618db8\" data-dig-label=\"Captivate\" data-dig-action=\"link click\" data-dig-category=\"LP-Uncategorized\" class=\"rbc-link-format\">Captivate<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">15&nbsp;janvier&nbsp;2026<\/p>\n\n\n\n<h4 id=\"h-premier-episode-de-la-saison-nbsp-4-nbsp-ce-que-2026-reserve-pour-l-amerique-du-nord\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">Premier \u00e9pisode de la saison&nbsp;4&nbsp;: Ce que 2026 r\u00e9serve pour l\u2019Am\u00e9rique du Nord<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Nous sommes de retour pour une quatri\u00e8me saison!<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans le premier \u00e9pisode de la saison, joignez-vous \u00e0 Claire&nbsp;Fan et Carrie&nbsp;Freestone de Services \u00e9conomiques&nbsp;RBC qui vont \u00e0 l\u2019essentiel et mettent en lumi\u00e8re des th\u00e8mes importants pour les \u00e9conomies canadienne et am\u00e9ricaine en 2026.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Malgr\u00e9 une ann\u00e9e&nbsp;2025 turbulente, l\u2019\u00e9conomie canadienne commence l\u2019ann\u00e9e dans une position \u00e9tonnamment plus forte que beaucoup ne l\u2019imaginent. Le PIB par habitant s\u2019est am\u00e9lior\u00e9 pour la premi\u00e8re fois en trois ans. La v\u00e9ritable question est la suivante&nbsp;: cette am\u00e9lioration peut-elle se poursuivre dans un contexte o\u00f9 les difficult\u00e9s internationales continuent de cro\u00eetre?<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Aux \u00c9tats-Unis, nos perspectives de \u00ab&nbsp;stagflation mod\u00e9r\u00e9e&nbsp;\u00bb demeurent&nbsp;: inflation des services persistante d\u2019environ 3&nbsp;% et croissance inf\u00e9rieure \u00e0 2&nbsp;%. Ce n\u2019est pas seulement une question de tarifs douaniers. L\u2019in\u00e9galit\u00e9 des d\u00e9penses de consommation, aliment\u00e9e par les m\u00e9nages fortun\u00e9s et les retrait\u00e9s, entretient les pressions inflationnistes.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">\u00c9coutez notre plus r\u00e9cent \u00e9pisode ici ou partout o\u00f9 vous obtenez vos&nbsp;<em>(ce contenu est disponible en anglais seulement)<\/em>:<\/p>\n\n\n\n<div style=\"width:100%;height:200px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/player.captivate.fm\/episode\/3be84a04-a15e-4d9d-9936-9caaf2271661\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong><strong>\u00c0 \u00e9couter sur&nbsp;<\/strong><\/strong>: <\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/feeds.captivate.fm\/the-10-minute-take\/\" data-dig-id=\"LP-Uncategorized-1318-5e618db8\" data-dig-label=\"Captivate\" data-dig-action=\"link click\" data-dig-category=\"LP-Uncategorized\" class=\"rbc-link-format\">Captivate<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">18&nbsp;d\u00e9cembre 2025<\/p>\n\n\n\n<h4 id=\"h-s3-e22-nbsp-trois-tendances-economiques-courantes-au-canada-et-aux-etats-unis-en-2025\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S3:E22&nbsp;<strong><strong><strong>Trois tendances \u00e9conomiques courantes au Canada et aux \u00c9tats-Unis en 2025<\/strong><\/strong><\/strong><\/h4>\n\n\n\n<p class=\"mob-mar-b-qtr mar-b-hlf wp-block-paragraph\">Les perturbations commerciales de 2025 ont pes\u00e9 sur les relations entre le Canada et les \u00c9tats-Unis apr\u00e8s des d\u00e9cennies de coordination et d\u2019int\u00e9gration. N\u00e9anmoins, les deux \u00e9conomies sont plus semblables que plusieurs pourraient le croire.<\/p>\n\n\n\n<p class=\"mob-mar-b-qtr mar-b-hlf wp-block-paragraph\">Dans ce dernier \u00e9pisode de la saison de Prenez 10&nbsp;minutes, Claire Fan et Carrie Freestone des Services \u00e9conomiques&nbsp;RBC abordent trois th\u00e8mes communs qui ont fa\u00e7onn\u00e9 les deux \u00e9conomies cette ann\u00e9e. Les voici&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc mar-b-hlf mar-t-qtr mob-mar-t-qtr mob-mar-b-hlf mar-l-hlf mob-mar-l-hlf\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Le ralentissement de la croissance de la population et son incidence sur un indice de r\u00e9f\u00e9rence cl\u00e9 du march\u00e9 du travail, soit le point d\u2019\u00e9quilibre du taux d\u2019emploi.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">La r\u00e9silience des d\u00e9penses de consommation, qui r\u00e9sistent malgr\u00e9 les incertitudes commerciales et la d\u00e9t\u00e9rioration des conditions du march\u00e9 de l\u2019emploi.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Les grands d\u00e9ficits des gouvernements; un th\u00e8me qui perdure aux \u00c9tats-Unis depuis la pand\u00e9mie, mais aussi au Canada.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u00c9coutez notre plus r\u00e9cent \u00e9pisode ici ou partout o\u00f9 vous obtenez vos&nbsp;<em>(ce contenu est disponible en anglais seulement)<\/em>:<\/p>\n\n\n\n<div style=\"width:100%;height:200px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/player.captivate.fm\/episode\/fc929d75-b1ca-4fc0-b57e-1ffad7d064a1\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong><\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">27&nbsp;novembre 2025<\/p>\n\n\n\n<h4 id=\"h-s3-e21-nbsp-que-signifie-la-fin-de-la-paralysie-du-gouvernement-des-etats-unis-pour-les-donnees-et-la-fed\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S3:E21&nbsp;<strong><strong><strong>Que signifie la fin de la paralysie du gouvernement des \u00c9tats-Unis pour les donn\u00e9es et la Fed?<\/strong><\/strong><\/strong><\/h4>\n\n\n\n<p class=\"mob-mar-b-qtr mar-b-hlf wp-block-paragraph\">La plus longue paralysie de l\u2019histoire du gouvernement des \u00c9tats-Unis a pris fin apr\u00e8s 43&nbsp;jours et les \u00e9conomistes ont maintenant plus de clart\u00e9 au sujet de la publication des donn\u00e9es gouvernementales.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mais la clart\u00e9 quant au moment de la publication ne signifie pas que l\u2019\u00e9tat de l\u2019\u00e9conomie am\u00e9ricaine est clair. Sans les donn\u00e9es cl\u00e9s d\u2019octobre, la R\u00e9serve f\u00e9d\u00e9rale am\u00e9ricaine (Fed) fait face \u00e0 un \u00e9pais brouillard \u00e0 l\u2019approche de la d\u00e9cision critique de d\u00e9cembre sur le taux directeur.<\/p>\n\n\n\n<p class=\"mob-mar-b-qtr mar-b-hlf wp-block-paragraph\">Dans l\u2019\u00e9pisode de Prenez 10&nbsp;minutes de cette semaine, les \u00e9conomistes de RBC Claire&nbsp;Fan et Carrie&nbsp;Freestone discutent des sujets suivants&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc mar-b-hlf mar-t-qtr mob-mar-t-qtr mob-mar-b-hlf mar-l-hlf mob-mar-l-hlf\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Quand (et si) des indicateurs cl\u00e9s comme les donn\u00e9es d\u2019octobre sur l\u2019emploi et l\u2019inflation seront publi\u00e9s, et quelles sont les donn\u00e9es qui nous manqueront.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Ce que les donn\u00e9es de septembre ont r\u00e9v\u00e9l\u00e9 au sujet de l\u2019\u00e9conomie en amont de la paralysie.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Comment la paralysie influera-t-elle sur la croissance du PIB au quatri\u00e8me trimestre de 2025?<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Pourquoi la r\u00e9union de d\u00e9cembre de la Fed est-elle cons\u00e9quente et est-ce qu\u2019une pause pourrait \u00eatre la mesure la plus prudente?<\/p>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u00c9coutez notre plus r\u00e9cent \u00e9pisode ici ou partout o\u00f9 vous obtenez vos&nbsp;<em>(ce contenu est disponible en anglais seulement)<\/em>:<\/p>\n\n\n\n<div style=\"width:100%;height:200px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/player.captivate.fm\/episode\/e3f96ae9-27f3-43b2-a0a9-57524c2ca2e7\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong><\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">13&nbsp;novembre 2025<\/p>\n\n\n\n<h4 id=\"h-s3-e20-nbsp-budget-du-canada-2025-nbsp-comment-devrions-nous-envisager-des-deficits-plus-importants\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S3:E20&nbsp;<strong><strong>Budget du Canada 2025&nbsp;: Comment devrions-nous envisager des d\u00e9ficits plus importants?<\/strong><\/strong><\/h4>\n\n\n\n<p class=\"mob-mar-b-qtr mar-b-hlf wp-block-paragraph\">En r\u00e9action aux pressions tarifaires et \u00e0 la faiblesse de l\u2019\u00e9conomie, le budget de 2025 pr\u00e9voit de nouvelles d\u00e9penses importantes pour stimuler les investissements priv\u00e9s et relancer la croissance, ce qui entra\u00eenera une hausse des d\u00e9ficits et de la dette. Dans cet \u00e9pisode de Prenez 10&nbsp;minutes, Claire Fan des Services \u00e9conomiques&nbsp;RBC discute de ce qui suit avec Cynthia Leach, \u00e9conomiste en chef adjointe \u00e0 RBC&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc mar-b-hlf mar-t-qtr mob-mar-t-qtr mob-mar-b-hlf mar-l-hlf mob-mar-l-hlf\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Pourquoi la politique budg\u00e9taire est le bon outil pour composer avec les faibles perspectives de croissance<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Comment la croissance est au c\u0153ur du plan budg\u00e9taire du gouvernement<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">\u00c9valuer si le budget en fait assez pour catalyser la croissance et les risques d\u2019ex\u00e9cution qui pourraient le faire d\u00e9railler<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">\u00c9valuer si le Canada peut se permettre de d\u00e9penser beaucoup en ce moment<\/p>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u00c9coutez notre plus r\u00e9cent \u00e9pisode ici ou partout o\u00f9 vous obtenez vos balados&nbsp;<em>(ce contenu est disponible en anglais seulement)<\/em>:<\/p>\n\n\n\n<div style=\"width:100%;height:200px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/player.captivate.fm\/episode\/90dde818-b8e6-43b9-a862-3cbe059a5ea9\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong><\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">23 octobre 2025<\/p>\n\n\n\n<h4 id=\"h-s3-e19-nbsp-absence-de-donnees-nbsp-une-consequence-de-la-paralysie-du-gouvernement-americain\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S3:E19&nbsp;<strong>Absence de donn\u00e9es&nbsp;: une cons\u00e9quence de la paralysie du gouvernement am\u00e9ricain<\/strong><\/h4>\n\n\n\n<p class=\"mob-mar-b-qtr mar-b-hlf wp-block-paragraph\">Le gouvernement am\u00e9ricain est paralys\u00e9 depuis 23&nbsp;jours et 750&nbsp;000&nbsp;employ\u00e9s f\u00e9d\u00e9raux ont \u00e9t\u00e9 mis en disponibilit\u00e9.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">La publication des donn\u00e9es \u00e9tant grandement perturb\u00e9e, on ne sait pas tr\u00e8s bien comment se porte l\u2019\u00e9conomie, au moment o\u00f9 la R\u00e9serve f\u00e9d\u00e9rale am\u00e9ricaine (Fed) reprend son cycle de r\u00e9duction des taux.<\/p>\n\n\n\n<p class=\"mob-mar-b-qtr mar-b-hlf wp-block-paragraph\">Dans cet \u00e9pisode de la s\u00e9rie Prenez 10&nbsp;minutes, Claire&nbsp;Fan et Carrie&nbsp;Freestone, \u00e9conomistes \u00e0 RBC, abordent les sujets suivants&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc mar-b-hlf mar-t-qtr mob-mar-t-qtr mob-mar-b-hlf mar-l-hlf mob-mar-l-hlf\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Pourquoi l\u2019absence de donn\u00e9es peut \u00eatre plus pr\u00e9occupante que les perturbations imm\u00e9diates de l\u2019\u00e9conomie.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Ce que les indicateurs de remplacement produits dans le secteur priv\u00e9 r\u00e9v\u00e8lent sur l\u2019\u00e9tat actuel de l\u2019\u00e9conomie am\u00e9ricaine.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">La trajectoire que suivra probablement la Fed dans cette p\u00e9riode de non-publication des donn\u00e9es et d\u2019incertitude entourant les \u00e9changes commerciaux.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<div style=\"width:100%;height:200px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/player.captivate.fm\/episode\/f39d8081-e368-4d24-8078-56637ed18ca2\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong><\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">1&nbsp;octobre&nbsp;2025<\/p>\n\n\n\n<h4 id=\"h-s3-e18-nbsp-notions-de-base-sur-le-commerce-international-le-cas-du-canada\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S3:E18&nbsp;<strong>Notions de base sur le commerce international \u2013 le cas du Canada<\/strong><\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Alors que les manchettes ne cessent de parler des droits de douane am\u00e9ricains, des questions fondamentales au sujet des \u00e9changes commerciaux du Canada restent souvent sans r\u00e9ponse. Par exemple&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc mar-b-hlf mar-t-qtr mob-mar-t-qtr mob-mar-b-hlf mar-l-hlf mob-mar-l-hlf\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Qu\u2019est-ce que le Canada exporte exactement&nbsp;? Et vers quels pays&nbsp;?<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Le Canada a-t-il toujours \u00e9t\u00e9 aussi tributaire du march\u00e9 am\u00e9ricain&nbsp;?<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Quelles sont les provinces les plus expos\u00e9es aux perturbations des \u00e9changes commerciaux&nbsp;?<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Les droits de douane sur certains biens, comme les mati\u00e8res premi\u00e8res fongibles, sont-ils moins inqui\u00e9tants que d\u2019autres&nbsp;?<\/p>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans cet \u00e9pisode de la s\u00e9rie Prenez 10&nbsp;minutes, Claire&nbsp;Fan et Carrie&nbsp;Freestone, de Services \u00e9conomiques RBC, s\u2019efforcent de r\u00e9pondre \u00e0 ces questions et \u00e0 d\u2019autres.<\/p>\n\n\n\n<div style=\"width:100%;height:200px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/player.captivate.fm\/episode\/2c143ba7-9af9-400d-8816-e32754aa4f38\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong><\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">18&nbsp;septembre&nbsp;2025<\/p>\n\n\n\n<h4 id=\"h-s3-e17-nbsp-baisses-de-taux-et-avenir-de-la-politique-monetaire-nbsp-que-nous-reservent-la-fed-et-la-bdc-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S3:E17&nbsp;<strong>Baisses de taux et avenir de la politique mon\u00e9taire&nbsp;: que nous r\u00e9servent la Fed et la BdC&nbsp;?<\/strong><\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">La R\u00e9serve f\u00e9d\u00e9rale am\u00e9ricaine&nbsp;(Fed) et la Banque du Canada (BdC) ont toutes deux mis fin \u00e0 leur pause cette semaine, annon\u00e7ant, comme pr\u00e9vu, une baisse de leur taux directeur de 25&nbsp;points de base. Bien qu\u2019elles aient pris la m\u00eame d\u00e9cision, leurs motivations et les signaux qui les ont guid\u00e9es sont diff\u00e9rents, soulevant des questions sur les perspectives \u00e9conomiques des deux c\u00f4t\u00e9s de la fronti\u00e8re.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans cet \u00e9pisode, les \u00e9conomistes de RBC Carrie Freestone et Claire&nbsp;Fan analysent les faits \u00e0 l\u2019appui de ces d\u00e9cisions et expliquent pourquoi elles consid\u00e8rent celle de la Fed comme un pas vers la <em>normalisation<\/em> de la politique et non comme un assouplissement. Elles se tournent ensuite vers le Canada, o\u00f9 on se demande si la Banque du Canada r\u00e9duira \u00e0 nouveau les taux en octobre compte tenu des donn\u00e9es contrast\u00e9es.<\/p>\n\n\n\n<div style=\"width:100%;height:200px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/player.captivate.fm\/episode\/387ddb12-cb65-4649-b772-9059c7e2bc01\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong><\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">4&nbsp;septembre&nbsp;2025<\/p>\n\n\n\n<h4 id=\"h-s3-e16-nbsp-les-droits-de-douane-americains-sont-ils-pres-d-atteindre-leurs-objectifs-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S3:E16&nbsp;<strong>Les droits de douane am\u00e9ricains sont-ils pr\u00e8s d\u2019atteindre leurs objectifs&nbsp;?<\/strong><\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Le montant des droits de douane per\u00e7us par les \u00c9tats-Unis sur les importations n\u2019a pas \u00e9t\u00e9 aussi \u00e9lev\u00e9 depuis les ann\u00e9es&nbsp;1930. Beaucoup se demandent si cette politique r\u00e9pond aux objectifs.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans cet \u00e9pisode de la s\u00e9rie Prenez 10&nbsp;minutes, Nathan&nbsp;Janzen, \u00e9conomiste en chef adjoint, Services \u00e9conomiques RBC, s\u2019entretient avec Claire&nbsp;Fan, \u00e9conomiste principale, pour r\u00e9pondre aux questions suivantes&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc mar-b-hlf mar-t-qtr mob-mar-t-qtr mob-mar-b-hlf mar-l-hlf mob-mar-l-hlf\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Qui assume les co\u00fbts des droits de douane jusqu\u2019\u00e0 pr\u00e9sent&nbsp;?<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Quelles sont les perspectives actuelles et futures du secteur manufacturier am\u00e9ricain face aux mesures protectionnistes&nbsp;?<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Les recettes tir\u00e9es des droits de douane peuvent-elles contribuer \u00e0 r\u00e9duire sensiblement le d\u00e9ficit f\u00e9d\u00e9ral colossal des \u00c9tats-Unis&nbsp;?<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Compte tenu de ces r\u00e9sultats, la politique am\u00e9ricaine de droits de douane sera-t-elle maintenue durablement&nbsp;?<\/p>\n<\/li>\n<\/ul>\n\n\n\n<div style=\"width:100%;height:200px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/player.captivate.fm\/episode\/2d54004b-e448-4796-bb24-7581c9a94733\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong><\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">21&nbsp;ao\u00fbt&nbsp;2025<\/p>\n\n\n\n<h4 id=\"h-s3-e15-nbsp-stagflation-allegee-nbsp-consequences-pour-l-economie-americaine\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S3:E15&nbsp;<strong>Stagflation all\u00e9g\u00e9e&nbsp;: cons\u00e9quences pour l\u2019\u00e9conomie am\u00e9ricaine<\/strong><\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Les r\u00e9centes donn\u00e9es sur l\u2019\u00e9conomie des \u00c9tats-Unis renforcent notre point de vue selon lequel le pays conna\u00eet une p\u00e9riode de \u00ab&nbsp;stagflation all\u00e9g\u00e9e&nbsp;\u00bb, au moment o\u00f9 on note les premiers signes de r\u00e9percussions des droits de douane combin\u00e9s \u00e0 une faiblesse inattendue du march\u00e9 du travail.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans cet \u00e9pisode de la s\u00e9rie Prenez 10&nbsp;minutes, Claire&nbsp;Fan et Carrie&nbsp;Freestone, de Services \u00e9conomiques RBC, analysent les points suivants&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc mar-b-hlf mar-t-qtr mob-mar-t-qtr mob-mar-b-hlf mar-l-hlf mob-mar-l-hlf\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Les caract\u00e9ristiques de la \u00ab&nbsp;stagflation all\u00e9g\u00e9e&nbsp;\u00bb et ses diff\u00e9rences par rapport \u00e0 la stagflation s\u00e9v\u00e8re des ann\u00e9es&nbsp;1970.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Les donn\u00e9es qui montrent que les droits de douane ont commenc\u00e9 \u00e0 faire monter les prix \u00e0 la production, avant d\u2019\u00eatre pleinement r\u00e9percut\u00e9s sur les prix \u00e0 la consommation.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Les raisons pour lesquelles les fortes r\u00e9visions \u00e0 la baisse des chiffres de l\u2019emploi constituent une tendance inqui\u00e9tante.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Les cons\u00e9quences de la situation des \u00c9tats-Unis sur l\u2019\u00e9conomie canadienne, qui est tributaire des exportations.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<div style=\"width:100%;height:200px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/player.captivate.fm\/episode\/2d54004b-e448-4796-bb24-7581c9a94733\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong><\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">7&nbsp;ao\u00fbt&nbsp;2025<\/p>\n\n\n\n<h4 id=\"h-s3-e14-nbsp-la-bdc-prend-une-pause-nbsp-pourquoi-les-taux-restent-inchanges-en-periode-d-incertitude\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S3:E14&nbsp;<strong>La BdC prend une pause&nbsp;: pourquoi les taux restent inchang\u00e9s en p\u00e9riode d\u2019incertitude<\/strong><\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">La Banque du Canada (BdC) a maintenu le taux du financement \u00e0 un jour inchang\u00e9 pour une troisi\u00e8me&nbsp;<a href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/economics\/featured-insights\/boc-holds-rates-unveils-new-scenario-analysis\/\" target=\"_blank\" rel=\"noreferrer noopener\">r\u00e9union d\u2019affil\u00e9e en juillet<\/a>, et ce, bien qu\u2019elle ait reconnu que l\u2019\u00e9conomie canadienne avait l\u00e9g\u00e8rement ralenti depuis janvier.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans cet \u00e9pisode de la s\u00e9rie Prenez 10&nbsp;minutes, Claire&nbsp;Fan et Carrie&nbsp;Freestone, de Services \u00e9conomiques RBC, analysent les points suivants&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc mar-b-hlf mar-t-qtr mob-mar-t-qtr mob-mar-b-hlf mar-l-hlf mob-mar-l-hlf\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Pourquoi les banques centrales restent-elles sur la touche&nbsp;? &nbsp;<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Comment les exemptions en vertu de l\u2019ACEUM ont-elles prot\u00e9g\u00e9 le Canada contre les pires r\u00e9percussions des droits de douane am\u00e9ricains&nbsp;?<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Comment la croissance pr\u00e9vue des d\u00e9penses publiques influence-t-elle les perspectives&nbsp;?<\/p>\n<\/li>\n<\/ul>\n\n\n\n<div style=\"width:100%;height:200px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/player.captivate.fm\/episode\/407a4263-67e8-4199-85be-df4069f011de\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong><\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">24&nbsp;juillet&nbsp;2025<\/p>\n\n\n\n<h4 id=\"h-s3-e13-nbsp-le-marche-canadien-du-logement-reprend-il-de-la-vigueur-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S3:E13&nbsp;<strong>Le march\u00e9 canadien du logement reprend-il de la vigueur&nbsp;?<\/strong><\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Apr\u00e8s que l\u2019inqui\u00e9tude li\u00e9e \u00e0 la guerre commerciale a d\u00e9courag\u00e9 les acheteurs durant des mois, le march\u00e9 du logement canadien donne des signes de reprise.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Cependant, bien que les reventes aient augment\u00e9 pendant trois mois cons\u00e9cutifs, l\u2019activit\u00e9 reste en de\u00e7\u00e0 des niveaux observ\u00e9s au d\u00e9but de l\u2019ann\u00e9e, moyennant d\u2019importantes variations selon les r\u00e9gions.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans cet \u00e9pisode de la s\u00e9rie Prenez 10&nbsp;minutes, Claire&nbsp;Fan et Carrie&nbsp;Freestone, de Services \u00e9conomiques RBC, traitent les sujets suivants&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc mar-b-hlf mar-t-qtr mob-mar-t-qtr mob-mar-b-hlf mar-l-hlf mob-mar-l-hlf\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">L\u2019abordabilit\u00e9 du logement s\u2019est am\u00e9lior\u00e9e \u00e0 un niveau in\u00e9gal\u00e9 en trois ans, bien qu\u2019elle demeure encore loin de ce qu\u2019elle \u00e9tait avant la pand\u00e9mie.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Les conditions du march\u00e9 varient grandement selon les r\u00e9gions et les segments (p.&nbsp;ex., copropri\u00e9t\u00e9s divises et maisons individuelles).<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">L\u2019incertitude entourant les \u00e9changes commerciaux, les d\u00e9cisions de la Banque du Canada concernant les taux d\u2019int\u00e9r\u00eat et les tendances du march\u00e9 du travail influencent le redressement du march\u00e9 du logement.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<div style=\"width:100%;height:200px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/player.captivate.fm\/episode\/abd6aca1-9d31-464d-ba21-1d9bd079c087\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong><\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">2&nbsp;juillet&nbsp;2025<\/p>\n\n\n\n<h4 id=\"h-s3-e12-nbsp-pourquoi-le-taux-de-chomage-est-il-aussi-bas-aux-etats-unis-malgre-l-incertitude-entourant-les-echanges-commerciaux-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S3:E12&nbsp;<strong>Pourquoi le taux de ch\u00f4mage est-il aussi bas aux \u00c9tats-Unis, malgr\u00e9 l\u2019incertitude entourant les \u00e9changes commerciaux&nbsp;?<\/strong><\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Le taux de ch\u00f4mage aux \u00c9tats-Unis s\u2019est maintenu pr\u00e8s de ses creux historiques dans un contexte de grande incertitude li\u00e9e \u00e0 la guerre commerciale.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Une tendance structurelle \u00e0 long terme, \u00e0 savoir la vague de d\u00e9parts \u00e0 la retraite, emp\u00eache le taux de ch\u00f4mage de monter en fl\u00e8che m\u00eame pendant cette d\u00e9t\u00e9rioration cyclique \u00e0 court terme du march\u00e9 du travail.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans cet \u00e9pisode de la s\u00e9rie Prenez 10&nbsp;minutes, Claire&nbsp;Fan et Carrie&nbsp;Freestone, de Services \u00e9conomiques RBC, traitent les sujets suivants&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc mar-b-hlf mar-t-qtr mob-mar-t-qtr mob-mar-b-hlf mar-l-hlf mob-mar-l-hlf\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">La dynamique&nbsp;<a href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/economics\/featured-insights\/america-needs-workers-not-jobs\/\">des d\u00e9parts \u00e0 la retraite records qui maintient le taux de ch\u00f4mage \u00e0 un faible niveau<\/a>&nbsp;\u00e0 moyen terme.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Le fait que les \u00c9tats-Unis ont sans doute plus besoin de nouveaux travailleurs que de nouveaux emplois.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">La mani\u00e8re dont ces forces structurelles se combineront avec les forces cycliques \u00e0 court terme (comme une d\u00e9t\u00e9rioration du march\u00e9 du travail).<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">La mani\u00e8re dont la politique d\u2019immigration du Canada a att\u00e9nu\u00e9 (sans l\u2019\u00e9liminer) le co\u00fbt du vieillissement de la population.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong><\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">19&nbsp;juin&nbsp;2025<\/p>\n\n\n\n<h4 id=\"h-s3-e11-nbsp-faut-il-s-inquieter-de-la-flambee-des-prix-du-petrole-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S3:E11&nbsp;<strong>Faut-il s\u2019inqui\u00e9ter de la flamb\u00e9e des prix du p\u00e9trole&nbsp;?<\/strong><\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Les prix du p\u00e9trole ont bondi la semaine derni\u00e8re apr\u00e8s l\u2019escalade du conflit au Moyen-Orient entre Isra\u00ebl et l\u2019Iran. Cette hausse a fait craindre une envol\u00e9e de l\u2019inflation dans un contexte \u00e9conomique d\u00e9j\u00e0 incertain.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans cet \u00e9pisode de la s\u00e9rie Prenez 10&nbsp;minutes, Claire&nbsp;Fan et Carrie&nbsp;Freestone, de Services \u00e9conomiques RBC, r\u00e9pondent aux questions suivantes&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc mar-b-hlf mar-t-qtr mob-mar-t-qtr mob-mar-b-hlf mar-l-hlf mob-mar-l-hlf\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Jusqu\u2019o\u00f9 l\u2019inflation pourrait-elle monter au Canada et aux \u00c9tats-Unis si les prix du p\u00e9trole poursuivaient leur ascension&nbsp;?<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">La hausse des prix de l\u2019\u00e9nergie risque-t-elle de freiner la croissance&nbsp;?<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Quelles en seront les r\u00e9percussions pour les taux d\u2019int\u00e9r\u00eat au Canada et aux \u00c9tats-Unis&nbsp;?<\/p>\n<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong><\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">5&nbsp;juin&nbsp;2025<\/p>\n\n\n\n<h4 id=\"h-s3-e10-nbsp-etats-unis-nbsp-une-economie-faconnee-par-la-dette-publique-astronomique\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S3:E10&nbsp;<strong>\u00c9tats-Unis&nbsp;: une \u00e9conomie fa\u00e7onn\u00e9e par la dette publique astronomique<\/strong><\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">L\u2019\u00e9norme d\u00e9ficit du gouvernement am\u00e9ricain continue de susciter des pr\u00e9occupations quant \u00e0 la viabilit\u00e9 budg\u00e9taire, alors que Moody\u2019s a embo\u00eet\u00e9 le pas \u00e0 d\u2019autres agences de notation pour abaisser la cote de cr\u00e9dit des \u00c9tats-Unis.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Cet abaissement pourrait avoir des r\u00e9percussions sur la politique mon\u00e9taire am\u00e9ricaine, les taux d\u2019int\u00e9r\u00eat et l\u2019\u00e9conomie des pays voisins.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans cet \u00e9pisode de la s\u00e9rie Prenez 10&nbsp;minutes, Claire&nbsp;Fan et Carrie&nbsp;Freestone, de Services \u00e9conomiques RBC, font la lumi\u00e8re sur les sujets suivants&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc mar-b-hlf mar-t-qtr mob-mar-t-qtr mob-mar-b-hlf mar-l-hlf mob-mar-l-hlf\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Pourquoi les difficult\u00e9s budg\u00e9taires limitent la capacit\u00e9 de la R\u00e9serve f\u00e9d\u00e9rale am\u00e9ricaine \u00e0 r\u00e9duire les taux d\u2019int\u00e9r\u00eat.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Comment le \u00ab&nbsp;grand et beau projet de loi&nbsp;\u00bb pourrait alourdir le fardeau budg\u00e9taire.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Les r\u00e9percussions de ces tendances sur l\u2019\u00e9conomie et la politique mon\u00e9taire du Canada.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong><\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">22&nbsp;mai&nbsp;2025<\/p>\n\n\n\n<h4 id=\"h-s3-e9-nbsp-rajustement-de-nos-previsions-au-vu-de-l-apaisement-du-differend-commercial-entre-les-etats-unis-et-la-chine\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S3:E9&nbsp;<strong>Rajustement de nos pr\u00e9visions au vu de l\u2019apaisement du diff\u00e9rend commercial entre les \u00c9tats-Unis et la Chine<\/strong><\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">La r\u00e9duction des droits de douane am\u00e9ricains sur les importations chinoises, qui sont pass\u00e9s de 145&nbsp;% \u00e0 30&nbsp;%, a marqu\u00e9 un progr\u00e8s important dans la guerre commerciale actuelle. Cependant, le taux effectif moyen des droits am\u00e9ricains s\u2019\u00e9tablit toujours \u00e0 13&nbsp;%, et les obstacles fondamentaux au commerce n\u2019ont pas disparu.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans cet \u00e9pisode de la s\u00e9rie Prenez 10&nbsp;minutes, Claire&nbsp;Fan et Carrie&nbsp;Freestone, de Services \u00e9conomiques RBC, vous aident \u00e0 comprendre les enjeux&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc mar-b-hlf mar-t-qtr mob-mar-t-qtr mob-mar-b-hlf mar-l-hlf mob-mar-l-hlf\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Quelle sera l\u2019incidence de l\u2019abaissement des droits de douane visant les importations chinoises sur nos perspectives concernant l\u2019inflation de base, les d\u00e9penses de consommation et la croissance aux \u00c9tats-Unis&nbsp;?<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Ce changement de politique aura-t-il une incidence sur les d\u00e9cisions de la R\u00e9serve f\u00e9d\u00e9rale am\u00e9ricaine en mati\u00e8re de taux d\u2019int\u00e9r\u00eat pour 2025&nbsp;?<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Les perspectives \u00e9conomiques du Canada sont-elles touch\u00e9es par l\u2019\u00e9volution des relations commerciales entre les \u00c9tats-Unis et la Chine&nbsp;?<\/p>\n<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong><\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">8&nbsp;mai&nbsp;2025<\/p>\n\n\n\n<h4 id=\"h-s3-e8-reaction-a-la-guerre-commerciale-nbsp-ou-les-canadiens-partent-ils-en-vacances-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S3:E8 R\u00e9action \u00e0 la guerre commerciale&nbsp;: o\u00f9 les Canadiens partent-ils en vacances&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">La guerre commerciale change les habitudes de voyage. Dans le climat de tensions actuel, les voyages des Canadiens aux \u00c9tats-Unis ont consid\u00e9rablement diminu\u00e9 au d\u00e9but de 2025 par rapport \u00e0 l\u2019ann\u00e9e derni\u00e8re.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Les Canadiens n\u2019ont pas annul\u00e9 leurs vacances, mais ils vont ailleurs. Cette tendance \u00e0 la diminution des voyages aux \u00c9tats-Unis n\u2019est pas propre au Canada. Les arriv\u00e9es en provenance d\u2019autres pays ont \u00e9galement chut\u00e9 cette ann\u00e9e.<\/p>\n\n\n\n<p class=\"mar-t-qtr mob-mar-t-qtr wp-block-paragraph\">Dans cet \u00e9pisode de la s\u00e9rie Prenez 10&nbsp;minutes, Claire&nbsp;Fan et Carrie&nbsp;Freestone, de Services \u00e9conomiques RBC, font la lumi\u00e8re sur les sujets suivants&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc mar-b-hlf mar-t-qtr mob-mar-t-qtr mob-mar-b-hlf mar-l-hlf mob-mar-l-hlf\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Comment les habitudes de voyage ont-elles chang\u00e9 en 2025 en raison des tensions commerciales g\u00e9n\u00e9ralis\u00e9es&nbsp;?<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Est-ce que le tourisme augmentera au Canada de fa\u00e7on \u00e0 compenser le d\u00e9clin des voyages \u00e0 l\u2019\u00e9tranger&nbsp;?<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Quelle pourrait \u00eatre l\u2019incidence de ces tendances sur les perspectives du secteur des services et le d\u00e9ficit commercial&nbsp;?<\/p>\n<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong><\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide wide\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">24&nbsp;avril&nbsp;2025<\/p>\n\n\n\n<h4 id=\"h-s3-e7-formuler-des-previsions-en-periode-de-volatilite-nbsp-les-droits-de-douane-changent-ils-la-donne-pour-la-croissance-et-l-inflation-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S3:E7 Formuler des pr\u00e9visions en p\u00e9riode de volatilit\u00e9&nbsp;: les droits de douane changent-ils la donne pour la croissance et l\u2019inflation&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Les \u00c9tats-Unis ont suspendu leurs droits de douane r\u00e9ciproques pour 90&nbsp;jours, mais les droits substantiels de 10&nbsp;% impos\u00e9s \u00e0 la plupart des pays le 5&nbsp;avril restent en vigueur et, combin\u00e9s aux droits \u00e9lev\u00e9s sur les importations en provenance de la Chine, ils pourraient avoir une incidence importante sur l\u2019inflation et la croissance aux \u00c9tats-Unis.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>Le taux moyen pond\u00e9r\u00e9 en fonction des \u00e9changes commerciaux des droits de douane am\u00e9ricains se situe actuellement \u00e0 son plus haut niveau depuis les ann\u00e9es&nbsp;1930. Toutefois, le Canada est l\u2019un des pays les moins touch\u00e9s, gr\u00e2ce aux exemptions accord\u00e9es en vertu de l\u2019ACEUM.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">L\u2019\u00e9quipe Services \u00e9conomiques RBC a mis \u00e0 jour ses pr\u00e9visions pour les \u00c9tats-Unis et le Canada afin de tenir compte de cette situation. Dans cet \u00e9pisode de la s\u00e9rie Prenez 10&nbsp;minutes, Claire&nbsp;Fan et Carrie&nbsp;Freestone r\u00e9pondent aux questions suivantes&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc mar-b-hlf\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Quelle sera l\u2019incidence des droits de douane sur l\u2019inflation et la croissance du PIB aux \u00c9tats-Unis et au Canada&nbsp;?<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Doit-on s\u2019attendre \u00e0 une r\u00e9cession l\u2019an prochain dans l\u2019un ou l\u2019autre des pays&nbsp;?<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">\u00c0 quoi pourrait ressembler la future politique de la Banque du Canada et de la R\u00e9serve f\u00e9d\u00e9rale&nbsp;?<\/p>\n<\/li>\n<\/ul>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/2084010327&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong><\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-light-grey-color has-alpha-channel-opacity has-light-grey-background-color has-background is-style-wide wide\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">3&nbsp;avril&nbsp;2025<\/p>\n\n\n\n<h4 id=\"h-s3-e6-le-secteur-des-services-est-il-a-l-abri-des-droits-de-douane-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S3:E6 Le secteur des services est-il \u00e0 l\u2019abri des droits de douane&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Alors que les tarifs et les menaces des \u00c9tats-Unis s\u2019intensifient, la diversification des partenaires commerciaux du Canada focalise l\u2019attention.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">En ce qui concerne les biens, la proximit\u00e9 g\u00e9ographique des \u00c9tats-Unis fait en sorte qu\u2019il est difficile de faire affaire avec d\u2019autres pays. En revanche, ce n\u2019est pas vraiment une contrainte pour les services.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Dans cet \u00e9pisode de la s\u00e9rie Prenez 10&nbsp;minutes, les \u00e9conomistes Claire&nbsp;Fan et Carrie&nbsp;Freestone se penchent sur les sujets suivants&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc mar-t-hlf mar-b-hlf\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Vers quels pays le Canada exporte-t-il ses services et quelle est l\u2019importance de ce commerce&nbsp;?<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Le Canada est-il bien plac\u00e9 pour diversifier ses \u00e9changes gr\u00e2ce aux services&nbsp;?<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Quels sont les obstacles li\u00e9s \u00e0 la guerre commerciale qui entravent le secteur des services&nbsp;?<\/p>\n<\/li>\n<\/ul>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/2068580232&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong><\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">20&nbsp;mars&nbsp;2025<\/p>\n\n\n\n<h4 id=\"h-s3-e5-les-droits-de-douane-se-font-ils-deja-sentir-sur-le-marche-de-l-emploi-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S3:E5 Les droits de douane se font-ils d\u00e9j\u00e0 sentir sur le march\u00e9 de l\u2019emploi&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Des deux c\u00f4t\u00e9s de la fronti\u00e8re, les consommateurs et les entreprises sont paralys\u00e9s par l\u2019incertitude li\u00e9e aux \u00e9changes commerciaux. La confiance a chut\u00e9 et d\u2019autres donn\u00e9es subjectives se sont consid\u00e9rablement d\u00e9t\u00e9rior\u00e9es au cours des derniers mois.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">L\u2019incidence des r\u00e9centes politiques commerciales sur les donn\u00e9es objectives est difficile \u00e0 estimer, mais elle est surtout importante pour les d\u00e9cisions des banques centrales. Dans cet \u00e9pisode, Claire&nbsp;Fan et Carrie&nbsp;Freestone, de Services \u00e9conomiques RBC, expliquent les r\u00e9percussions de la guerre commerciale sur les march\u00e9s de l\u2019emploi au Canada et aux \u00c9tats-Unis, ainsi que les prochaines \u00e9tapes possibles du conflit.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/2058869356&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong><\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-light-grey-color has-alpha-channel-opacity has-light-grey-background-color has-background is-style-wide wide\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">27&nbsp;f\u00e9vrier&nbsp;2025<\/p>\n\n\n\n<h4 id=\"h-s3-e4-l-inflation-fait-elle-un-retour-en-force-au-canada-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S3:E4 L\u2019inflation fait-elle un retour en force au Canada&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Les donn\u00e9es \u00e9conomiques montrent que l\u2019inflation au Canada \u00e9tait un peu plus forte que pr\u00e9vu au d\u00e9but de 2025, d\u2019autant plus que le cong\u00e9 fiscal accord\u00e9 par le gouvernement f\u00e9d\u00e9ral a fait baisser les prix dans quelques cat\u00e9gories, comme les repas au restaurant.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Aux \u00c9tats-Unis, l\u2019inflation est un peu plus rigide. La demande des consommateurs, qui s\u2019est r\u00e9v\u00e9l\u00e9e globalement r\u00e9siliente, a maintenu les pressions sur les prix \u00e0 des niveaux inhabituellement \u00e9lev\u00e9s et les m\u00e9nages am\u00e9ricains ne sont pas tous touch\u00e9s de la m\u00eame fa\u00e7on. En g\u00e9n\u00e9ral, les m\u00e9nages moins fortun\u00e9s n\u2019ont pas la possibilit\u00e9 d\u2019\u00e9viter des biens essentiels, dont les prix ont augment\u00e9.<\/p>\n\n\n\n<p class=\"mob-mar-b-qtr mar-b-hlf mar-t-hlf mob-mar-t-qtr wp-block-paragraph\">Claire&nbsp;Fan et Carrie&nbsp;Freestone, de Services \u00e9conomiques RBC, pr\u00e9sentent leur point de vue sur l\u2019inflation et le r\u00f4le du diff\u00e9rend commercial qui se dessine \u00e0 l\u2019horizon.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/2043628604&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong><\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-light-grey-color has-alpha-channel-opacity has-light-grey-background-color has-background is-style-wide wide\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">13&nbsp;f\u00e9vrier&nbsp;2025<\/p>\n\n\n\n<h4 id=\"h-s3-e3-le-point-sur-les-relations-commerciales-entre-les-etats-unis-et-le-canada\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S3:E3 Le point sur les relations commerciales entre les \u00c9tats-Unis et le Canada<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Les \u00e9conomistes se sont attach\u00e9s \u00e0 \u00e9valuer les \u00e9ventuelles r\u00e9percussions \u00e9conomiques des droits de douane en tenant compte de l\u2019\u00e9volution des menaces. Dans cet \u00e9pisode, Claire&nbsp;Fan et Carrie&nbsp;Freestone, de Services \u00e9conomiques RBC, se penchent sur les sujets suivants&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Ce que nous savons \u00e0 propos des droits de douane annonc\u00e9s, la forme que pourraient prendre les mesures de repr\u00e9sailles et les r\u00e9percussions que tout cela aura sur les \u00e9conomies canadienne et am\u00e9ricaine.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">La d\u00e9claration de Tiff Macklem, gouverneur de la Banque du Canada, lors de la r\u00e9union de janvier sur la fa\u00e7on dont la banque centrale pourrait r\u00e9agir.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">La r\u00e9action des march\u00e9s \u00e0 l\u2019annonce de droits de douane et notre \u00e9valuation de l\u2019\u00e9quilibre des risques entre un coup port\u00e9 \u00e0 la demande et les pressions sur les prix d\u00e9coulant des politiques possibles.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"mob-mar-b-qtr mar-b-hlf mar-t-hlf mob-mar-t-qtr wp-block-paragraph\">D\u00e9couvrez notre analyse des dommages \u00e9ventuels d\u2019une guerre commerciale.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/2033024640&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong><\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-light-grey-color has-alpha-channel-opacity has-light-grey-background-color has-background is-style-wide wide\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">Le 30&nbsp;janvier&nbsp;2025<\/p>\n\n\n\n<h4 id=\"h-s3-e2-comment-les-economistes-mesurent-ils-les-repercussions-des-droits-de-douane-eventuels-sur-le-canada-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S3:E2 Comment les \u00e9conomistes mesurent-ils les r\u00e9percussions des droits de douane \u00e9ventuels sur le Canada&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">La menace de droits de douane brandie par les \u00c9tats-Unis pr\u00e9occupe les \u00e9conomistes et les responsables de la politique mon\u00e9taire. Dans cet \u00e9pisode, Claire&nbsp;Fan et Carrie&nbsp;Freestone, de Services \u00e9conomiques RBC, analysent les points suivants&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Le point de vue des \u00e9conomistes de RBC sur le choc tarifaire provoqu\u00e9 par les \u00c9tats-Unis, notamment les diff\u00e9rentes \u00e9tapes de leur transmission au sein de l\u2019\u00e9conomie.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Notre avis sur la r\u00e9action possible de la Banque du Canada \u00e0 une hausse des prix d\u00e9coulant des droits de douane.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Les raisons pour lesquelles le rapatriement des activit\u00e9s n\u2019est pas aussi simple qu\u2019on le croit.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"mob-mar-b-qtr mar-b-hlf mar-t-hlf mob-mar-t-qtr wp-block-paragraph\">\u00c9coutez le balado pour d\u00e9couvrir pourquoi les droits de douane d\u00e9truisent la demande et comprendre la situation d\u00e9licate de la Banque du Canada si elle doit r\u00e9agir aux variations de prix dues \u00e0 la politique. M\u00eame si nous pensons que les dommages \u00e9conomiques seraient probablement trop graves pour que les menaces se concr\u00e9tisent, nous examinons \u00e9galement les cons\u00e9quences aux \u00c9tats-Unis et au Canada d\u2019une \u00e9ventuelle mise en \u0153uvre des droits de douane.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/2021357040&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong><\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-light-grey-color has-alpha-channel-opacity has-light-grey-background-color has-background is-style-wide wide\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">Le 16&nbsp;janvier&nbsp;2025<\/p>\n\n\n\n<h4 id=\"h-s3-e1-depreciation-du-huard-nbsp-causes-et-trajectoire\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S3:E1 D\u00e9pr\u00e9ciation du huard&nbsp;: causes et trajectoire<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Bienvenue \u00e0 la troisi\u00e8me saison de la s\u00e9rie Prenez 10&nbsp;minutes. Nous la d\u00e9marrons par une analyse approfondie d\u2019un sujet d\u2019actualit\u00e9&nbsp;: la chute vertigineuse du dollar canadien face au dollar am\u00e9ricain, \u00e0 des niveaux jamais vus depuis la pand\u00e9mie.<\/p>\n\n\n\n<p class=\"mob-mar-b-qtr mar-b-hlf wp-block-paragraph\">Dans cet \u00e9pisode, Claire&nbsp;Fan et Carrie&nbsp;Freestone, de Services \u00e9conomiques RBC, analysent les points suivants&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-black-disc\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Les principaux facteurs de l\u2019effondrement r\u00e9cent du huard.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">Les cons\u00e9quences de ce d\u00e9clin sur l\u2019inflation dans le contexte \u00e9conomique actuel.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">La trajectoire de la monnaie que nous anticipons pour&nbsp;2025.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"mob-mar-b-qtr mar-b-hlf mar-t-hlf mob-mar-t-qtr wp-block-paragraph\">\u00c9coutez le balado pour savoir pourquoi nous croyons que la Banque du Canada ne r\u00e9agira pas et en quoi la solide position ext\u00e9rieure nette du Canada aura un effet particuli\u00e8rement b\u00e9n\u00e9fique.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/2010049475&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong><\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-light-grey-color has-alpha-channel-opacity has-light-grey-background-color has-background is-style-wide wide\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">12&nbsp;d\u00e9cembre&nbsp;2024<\/p>\n\n\n\n<h4 id=\"h-s2-e25-point-de-vue-des-economistes-a-l-approche-de-2025\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S2:E25 Point de vue des \u00e9conomistes \u00e0 l\u2019approche de 2025<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">L\u2019ann\u00e9e&nbsp;2024 a \u00e9t\u00e9 tumultueuse pour l\u2019\u00e9conomie canadienne. Depuis 2019, le Canada conna\u00eet une p\u00e9riode prolong\u00e9e de croissance par habitant inf\u00e9rieure \u00e0 celle des \u00c9tats-Unis. Cela dit, 2024 a \u00e9t\u00e9 une ann\u00e9e charni\u00e8re pour les Canadiens, gr\u00e2ce au ralentissement de l\u2019inflation et \u00e0 la baisse des taux d\u2019int\u00e9r\u00eat.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mais l\u2019inflation est-elle r\u00e9ellement ma\u00eetris\u00e9e&nbsp;? Dans l\u2019affirmative, pourquoi a-t-on \u00ab&nbsp;l\u2019impression&nbsp;\u00bb que l\u2019abordabilit\u00e9 ne s\u2019est pas vraiment am\u00e9lior\u00e9e&nbsp;? Et qu\u2019en est-il des grands changements de politique en mati\u00e8re d\u2019immigration et de commerce mondial&nbsp;?<\/p>\n\n\n\n<p class=\"mob-mar-b-qtr mar-b-hlf wp-block-paragraph\">\u00c9coutez cet \u00e9pisode de la s\u00e9rie Prenez 10 minutes dans lequel Carrie&nbsp;Freestone et Claire&nbsp;Fan, \u00e9conomistes de RBC, font le bilan de 2024. Elles discuteront des faits saillants de l\u2019ann\u00e9e avant d\u2019aborder les principaux th\u00e8mes de 2025 dans ce dernier \u00e9pisode de la saison.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1981067331&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong><\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-light-grey-color has-alpha-channel-opacity has-light-grey-background-color has-background is-style-wide wide\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">28&nbsp;novembre&nbsp;2024<\/p>\n\n\n\n<h4 id=\"h-s2-e24-quelle-est-l-importance-du-deficit-colossal-des-etats-unis-pour-le-canada-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S2:E24 Quelle est l\u2019importance du d\u00e9ficit colossal des \u00c9tats-Unis pour le Canada&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Le d\u00e9ficit du gouvernement am\u00e9ricain est exceptionnellement \u00e9lev\u00e9&nbsp;: en&nbsp;2024, il \u00e9quivaut \u00e0 6,4&nbsp;% du produit int\u00e9rieur brut, alors que la moyenne des cinq derni\u00e8res d\u00e9cennies est de 3,7&nbsp;%. D\u2019apr\u00e8s les promesses que la nouvelle administration&nbsp;Trump a faites pendant la campagne \u00e9lectorale, le d\u00e9ficit pourrait encore s\u2019alourdir au cours des quatre prochaines ann\u00e9es.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Les d\u00e9penses budg\u00e9taires massives ont stimul\u00e9 la croissance des \u00c9tats-Unis, mais elles auront des cons\u00e9quences importantes et ultimement co\u00fbteuses pour l\u2019\u00e9conomie. La baisse de l\u2019imp\u00f4t des soci\u00e9t\u00e9s pourrait \u00e9galement nuire \u00e0 la comp\u00e9titivit\u00e9 du Canada, alors que son \u00e9cart par rapport \u00e0 l\u2019\u00e9conomie am\u00e9ricaine est d\u00e9j\u00e0 consid\u00e9rable.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans cet \u00e9pisode de la s\u00e9rie Prenez 10&nbsp;minutes, les \u00e9conomistes de RBC Claire&nbsp;Fan et Carrie&nbsp;Freestone se penchent sur le d\u00e9ficit public des \u00c9tats-Unis et ses r\u00e9percussions sur le Canada.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1969060947&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong><\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" target=\"_blank\" rel=\"noreferrer noopener\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" target=\"_blank\" rel=\"noreferrer noopener\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-light-grey-color has-alpha-channel-opacity has-light-grey-background-color has-background is-style-wide wide\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">14&nbsp;novembre&nbsp;2024<\/p>\n\n\n\n<h4 id=\"h-s2-e23-pourquoi-tant-de-canadiens-eprouvent-ils-des-difficultes-alors-que-nous-accumulons-une-epargne-record-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S2:E23 Pourquoi tant de Canadiens \u00e9prouvent-ils des difficult\u00e9s alors que nous accumulons une \u00e9pargne record&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Les bilans des m\u00e9nages canadiens semblent exceptionnellement solides, car le revenu disponible continue d\u2019augmenter parall\u00e8lement \u00e0 l\u2019\u00e9pargne. Mais ce que les derni\u00e8res donn\u00e9es \u00e9conomiques nous disent ne correspond pas du tout \u00e0 ce que ressentent les m\u00e9nages. De nombreux signes&nbsp;<a href=\"https:\/\/www.rbc.com\/fr\/leadership-avise\/recherche-economique\/perspectives-vedettes\/point-cle\/pourquoi-le-canada-connait-une-reprise-inegale-en-ce-qui-concerne-les-menages\/\" class=\"rbc-link-format\">montrent que le consommateur canadien moyen souffre<\/a>. Comment les deux peuvent-ils \u00eatre vrais en m\u00eame temps&nbsp;?<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans cet \u00e9pisode de Prenez 10&nbsp;minutes, les \u00e9conomistes de RBC Carrie&nbsp;Freestone et Claire&nbsp;Fan abordent ce paradoxe selon lequel certains Canadiens prennent du retard dans les paiements par carte de cr\u00e9dit, tandis que d\u2019autres voient leur \u00e9pargne augmenter. Nous allons analyser les diff\u00e9rentes r\u00e9alit\u00e9s v\u00e9cues par diverses cat\u00e9gories de revenu, en mettant l\u2019accent sur les comportements de d\u00e9penses, l\u2019accumulation de dettes ou l\u2019\u00e9pargne, et la diff\u00e9rence marqu\u00e9e entre la croissance des salaires et les variations du revenu disponible.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1957526611&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-light-grey-color has-alpha-channel-opacity has-light-grey-background-color has-background is-style-wide wide\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">31&nbsp;octobre&nbsp;2024<\/p>\n\n\n\n<h4 id=\"h-s2-e22-la-bdc-procedera-t-elle-a-une-nouvelle-reduction-massive-des-taux-en-decembre\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S2:E22 La BdC proc\u00e9dera-t-elle \u00e0 une nouvelle r\u00e9duction massive des taux en d\u00e9cembre?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">The Bank of Canada cut the overnight rate by 50 basis points in October\u2014marking the largest reduction since the pandemic. A day later, the federal government announced new immigration targets for the next three years that would drastically alter population growth in Canada. Both of these moves will have a significant impact on the Canadian economy.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">On this episode of the 10-Minute Take, RBC economists&nbsp;<strong>Claire Fan<\/strong>&nbsp;and&nbsp;<strong>Carrie Freestone<\/strong>&nbsp;discuss the latest rate cut, why it was bigger than before and what to expect from the BoC going forward. They\u2019ll also tackle how the new immigration targets fit into it all.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1945737951&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">17&nbsp;octobre&nbsp;2024<\/p>\n\n\n\n<h4 id=\"h-s2-e21-les-canadiens-continuent-de-renouveler-leurs-prets-hypothecaires-a-des-taux-plus-eleves-cela-nuira-t-il-a-l-economie\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S2:E21 Les Canadiens continuent de renouveler leurs pr\u00eats hypoth\u00e9caires \u00e0 des taux plus \u00e9lev\u00e9s. Cela nuira-t-il \u00e0 l\u2019\u00e9conomie?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Alors que de nombreux m\u00e9nages canadiens pr\u00e9voient de renouveler leurs pr\u00eats hypoth\u00e9caires \u00e0 taux fixe \u00e0 long terme \u00e0 des taux plus \u00e9lev\u00e9s jusqu\u2019en&nbsp;2025 et 2026, le \u00ab&nbsp;mur du renouvellement des pr\u00eats hypoth\u00e9caires&nbsp;\u00bb du Canada n\u2019est pas encore derri\u00e8re nous. L\u2019augmentation des versements hypoth\u00e9caires signifie moins d\u2019argent \u00e0 d\u00e9penser dans les produits essentiels et non essentiels et, tout compte fait, une d\u00e9t\u00e9rioration des perspectives \u00e9conomiques. Mais nous pensons que ce risque n\u2019est pas \u00e9norme tant que les taux d\u2019int\u00e9r\u00eat continuent de baisser et que les march\u00e9s de l\u2019emploi ne s\u2019effondrent pas.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">\u00c9coutez les \u00e9conomistes de RBC Carrie&nbsp;Freestone et Claire&nbsp;Fan discuter de la prochaine vague de renouvellements de pr\u00eats hypoth\u00e9caires, de son incidence sur l\u2019\u00e9conomie dans son ensemble et des raisons pour lesquelles nous pensons que le pire du mur des renouvellements de pr\u00eats hypoth\u00e9caires est derri\u00e8re nous.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1936833215&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">3 octobre 2024<\/p>\n\n\n\n<h4 id=\"h-s2-e20-l-inflation-est-revenue-a-2-pourquoi-n-en-a-t-on-pas-l-impression-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S2:E20 L\u2019inflation est revenue \u00e0 2%. Pourquoi n\u2019en a-t-on pas l\u2019impression&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">En ao\u00fbt, l\u2019inflation globale au Canada est revenue \u00e0 la cible de 2&nbsp;% fix\u00e9e par la Banque du Canada pour la premi\u00e8re fois depuis la pand\u00e9mie. Cela signifie que le cycle de rel\u00e8vement des taux d\u2019int\u00e9r\u00eat lanc\u00e9 par la banque centrale en&nbsp;2022 a permis de r\u00e9duire les pressions sur les prix et \u00e0 r\u00e9tablir l\u2019\u00e9quilibre dans l\u2019\u00e9conomie.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Mais m\u00eame s\u2019il s\u2019agit d\u2019une bonne nouvelle, un examen plus approfondi des donn\u00e9es montre que l\u2019inflation actuelle de 2&nbsp;% n\u2019est pas tout \u00e0 fait la m\u00eame que l\u2019inflation de 2&nbsp;% d\u2019avant la pand\u00e9mie.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans cet \u00e9pisode de Prenez 10&nbsp;minutes, les \u00e9conomistes de la RBC&nbsp;<strong>Claire Fan<\/strong>&nbsp;et&nbsp;<strong>Carrie Freestone<\/strong>&nbsp;parlent des derni\u00e8res tendances de l\u2019inflation au Canada, expliquent en quoi et pourquoi elles diff\u00e8rent de celles d\u2019avant et de leurs cons\u00e9quences sur l\u2019\u00e9conomie \u00e0 l\u2019avenir.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1927873793&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">20 septembre 2024<\/p>\n\n\n\n<h4 id=\"h-s2-e19-qu-est-ce-qui-a-amene-la-reserve-federale-americaine-a-reduire-ses-taux-d-interet-de-50-nbsp-points-de-base-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S2:E19 Qu\u2019est-ce qui a amen\u00e9 la R\u00e9serve f\u00e9d\u00e9rale am\u00e9ricaine \u00e0 r\u00e9duire ses taux d\u2019int\u00e9r\u00eat de 50&nbsp;points de base&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">En septembre, la R\u00e9serve f\u00e9d\u00e9rale am\u00e9ricaine a r\u00e9duit le taux des fonds f\u00e9d\u00e9raux de 50&nbsp;points de base, la premi\u00e8re r\u00e9duction depuis la pand\u00e9mie. L\u2019assouplissement de la politique mon\u00e9taire \u00e9tait fortement anticip\u00e9, car l\u2019inflation montrait de nouveaux signes de ralentissement et le ch\u00f4mage augmentait de fa\u00e7on tr\u00e8s graduelle, mais inqui\u00e9tante. Toutefois, beaucoup s\u2019attendaient \u00e0 une r\u00e9duction de 25&nbsp;points de base, parce que la production \u00e9conomique globale demeure forte et qu\u2019elle est soutenue par la robustesse de la consommation.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans cet \u00e9pisode de Prenez 10&nbsp;minutes, joignez-vous aux \u00e9conomistes de la RBC <strong>Claire&nbsp;Fan<\/strong> et <strong>Carrie&nbsp;Freestone<\/strong> ainsi qu\u2019\u00e0 notre invit\u00e9e sp\u00e9ciale, l\u2019\u00e9conomiste en chef de la RBC <strong>Frances&nbsp;Donald<\/strong>. Elles analysent la derni\u00e8re d\u00e9cision de la Fed en mati\u00e8re de taux d\u2019int\u00e9r\u00eat ainsi que les indicateurs rouges ou verts qui ressortent des donn\u00e9es \u00e9conomiques am\u00e9ricaines.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1919913503&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">5 september 2024<\/p>\n\n\n\n<h4 id=\"h-s2-e18-quelles-sont-les-consequences-des-nouveaux-tarifs-douaniers-imposes-sur-les-vehicules-electriques-chinois-pour-les-entreprises-et-les-consommateurs-canadiens-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S2:E18 Quelles sont les cons\u00e9quences des nouveaux tarifs douaniers impos\u00e9s sur les v\u00e9hicules \u00e9lectriques chinois pour les entreprises et les consommateurs canadiens&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Le gouvernement lib\u00e9ral a r\u00e9cemment annonc\u00e9 de nouveaux tarifs douaniers sur les importations de v\u00e9hicules \u00e9lectriques, d\u2019acier et d\u2019aluminium en provenance de la Chine, ce qui marque la derni\u00e8re \u00e9tape de la tendance mondiale \u00e0 la s\u00e9gr\u00e9gation commerciale visant \u00e0 renforcer les priorit\u00e9s nationales.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Et ce n\u2019est pas tout&nbsp;: d\u2019ici la fin de la consultation gouvernementale en cours d\u2019une dur\u00e9e de 30&nbsp;jours, des tarifs douaniers pourraient \u00e9galement \u00eatre impos\u00e9s sur d\u2019autres produits, notamment les piles solaires, les batteries de v\u00e9hicules \u00e9lectriques, les puces et les min\u00e9raux essentiels. Ces nouvelles mesures visent \u00e0 prot\u00e9ger les producteurs nationaux contre la concurrence internationale d\u00e9loyale, mais entra\u00eeneront \u00e9galement une augmentation imm\u00e9diate des co\u00fbts des intrants pour les importateurs canadiens, tout en cr\u00e9ant plus de tensions dans un contexte commercial mondial d\u00e9j\u00e0 glacial.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans cet \u00e9pisode de Prenez 10&nbsp;minutes, les \u00e9conomistes de la RBC&nbsp;<strong>Claire&nbsp;Fan<\/strong>&nbsp;et&nbsp;<strong>Carrie&nbsp;Freestone<\/strong>&nbsp;vous donnent des d\u00e9tails sur les nouveaux tarifs douaniers et analysent leurs r\u00e9percussions potentielles sur l\u2019\u00e9conomie canadienne et les relations commerciales en g\u00e9n\u00e9ral \u00e0 l\u2019avenir.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1910714027&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">22&nbsp;ao\u00fbt&nbsp;2024<\/p>\n\n\n\n<h4 id=\"h-s2-e17-quelles-ont-ete-les-consequences-de-la-volatilite-des-marches-et-des-craintes-de-recession-pour-les-banques-centrales-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S2:E17 Quelles ont \u00e9t\u00e9 les cons\u00e9quences de la volatilit\u00e9 des march\u00e9s et des craintes de r\u00e9cession pour les banques centrales&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Les m\u00e9nages am\u00e9ricains et canadiens craignent une r\u00e9cession, mais pour des raisons diff\u00e9rentes. La baisse surprise des donn\u00e9es am\u00e9ricaines au d\u00e9but du mois d\u2019ao\u00fbt a provoqu\u00e9 des ventes massives d\u2019actions, et le d\u00e9clenchement de la \u00ab&nbsp;r\u00e8gle de Sahm&nbsp;\u00bb aux \u00c9tats-Unis a suscit\u00e9 des craintes de r\u00e9cession.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Au Canada, les m\u00e9nages se sentent sous pression et les demandeurs d\u2019emploi peinent \u00e0 trouver du travail. M\u00eame si nous ne sommes pas en r\u00e9cession, nous en avons certainement l\u2019impression. Comment les banques centrales r\u00e9agiront-elles et quand la situation des m\u00e9nages canadiens commencera-t-elle \u00e0 s\u2019am\u00e9liorer&nbsp;?<\/p>\n\n\n\n<p class=\"mob-mar-b-qtr mar-b-hlf wp-block-paragraph\">Dans cet \u00e9pisode de Prenez 10&nbsp;minutes, les \u00e9conomistes de RBC&nbsp;<strong>Claire&nbsp;Fan<\/strong>&nbsp;et&nbsp;<strong>Carrie&nbsp;Freestone<\/strong>&nbsp;font le point sur la situation macro\u00e9conomique et r\u00e9pondent \u00e0 vos questions br\u00fblantes sur les derni\u00e8res donn\u00e9es, les craintes de r\u00e9cession et ce que tout cela signifie pour l\u2019ann\u00e9e \u00e0 venir.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1901903751&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">8&nbsp;ao\u00fbt&nbsp;2024<\/p>\n\n\n\n<h4 id=\"h-s2-e16-les-jeunes-canadiens-se-plaignent-de-l-economie-ont-ils-raison-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S2:E16 Les jeunes Canadiens se plaignent de l\u2019\u00e9conomie. Ont-ils raison&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Les jeunes Canadiens sont les plus touch\u00e9s par le ralentissement du march\u00e9 du travail, puisqu\u2019ils repr\u00e9sentent la part du lion, soit 80&nbsp;% de l\u2019augmentation du taux de ch\u00f4mage au Canada depuis l\u2019\u00e9t\u00e9&nbsp;2022.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Cette part est beaucoup plus \u00e9lev\u00e9e que lors des pr\u00e9c\u00e9dents replis comme la crise financi\u00e8re mondiale. Le fait de ne pas avoir d\u2019emploi se traduit par une forte baisse du revenu disponible. Cette situation, conjugu\u00e9e \u00e0 la flamb\u00e9e des co\u00fbts de service des pr\u00eats hypoth\u00e9caires et d\u2019autres dettes, a contraint de nombreux jeunes m\u00e9nages canadiens \u00e0 se d\u00e9sendetter.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Certaines de ces difficult\u00e9s devraient se r\u00e9sorber au cours de l\u2019ann\u00e9e \u00e0 venir, \u00e0 mesure que l\u2019inflation s\u2019att\u00e9nuera et que les taux d\u2019int\u00e9r\u00eat baisseront. D\u2019autres probl\u00e8mes, notamment l\u2019acc\u00e8s limit\u00e9 au march\u00e9 de l\u2019habitation, pourraient avoir des effets plus durables sur la vie des jeunes Canadiens. Dans l\u2019\u00e9pisode de Prenez 10&nbsp;minutes de cette semaine, les \u00e9conomistes de la RBC <strong>Claire&nbsp;Fan<\/strong> et <strong>Carrie&nbsp;Freestone<\/strong> analysent en d\u00e9tail les d\u00e9fis auxquels font face les jeunes Canadiens.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1891452366&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">25&nbsp;juillet&nbsp;2024<\/p>\n\n\n\n<h4 id=\"h-s2-e15-qu-est-ce-qui-explique-la-hausse-du-chomage-au-canada-si-ce-n-est-pas-l-immigration-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S2:E15 Qu\u2019est-ce qui explique la hausse du ch\u00f4mage au Canada si ce n\u2019est pas l\u2019immigration&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">La r\u00e9cente d\u00e9t\u00e9rioration du march\u00e9 du travail canadien survient \u00e0 un moment o\u00f9 l\u2019immigration et la croissance d\u00e9mographique ont elles aussi augment\u00e9 de fa\u00e7on importante. Nombreux sont ceux qui ont fait le rapprochement et attribu\u00e9 la hausse du ch\u00f4mage \u00e0 la seule augmentation de la population active imputable aux nouveaux arrivants. Sur ce point, notre point de vue est diff\u00e9rent.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Il est vrai que le taux de ch\u00f4mage augmente plus rapidement chez les r\u00e9sidents permanents, mais ce fut le cas chaque fois que l\u2019\u00e9conomie a ralenti au cours des p\u00e9riodes pr\u00e9c\u00e9dentes. Cette fois-ci, la d\u00e9t\u00e9rioration la plus importante a \u00e9t\u00e9 observ\u00e9e chez les \u00e9tudiants et les nouveaux dipl\u00f4m\u00e9s qui ont de plus en plus de mal \u00e0 d\u00e9crocher un emploi alors que la demande de main-d\u2019\u0153uvre continue de diminuer.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans l\u2019\u00e9pisode de Prenez 10&nbsp;minutes de cette semaine, les \u00e9conomistes de la RBC <strong>Claire&nbsp;Fan<\/strong> et <strong>Carrie&nbsp;Freestone<\/strong> analysent les tendances du march\u00e9 du travail, en commen\u00e7ant par la place de l\u2019immigration au sein de ces tendances. Elles parleront ensuite des groupes d\u2019\u00e2ge et des secteurs qui ont \u00e9t\u00e9 particuli\u00e8rement touch\u00e9s, avant de terminer par ce \u00e0 quoi il faut s\u2019attendre \u00e0 l\u2019avenir.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1879979112&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">11&nbsp;juillet&nbsp;2024<\/p>\n\n\n\n<h4 id=\"h-s2-e14-quelles-seront-les-consequences-d-une-seconde-presidence-de-trump-sur-le-commerce-nord-americain-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S2:E14 Quelles seront les cons\u00e9quences d\u2019une seconde pr\u00e9sidence de Trump sur le commerce nord-am\u00e9ricain&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Apr\u00e8s le premier d\u00e9bat pr\u00e9sidentiel aux \u00c9tats-Unis et \u00e0 l\u2019approche des \u00e9lections de novembre, l\u2019attention se porte \u00e0 nouveau sur les politiques commerciales r\u00e9gressives de l\u2019ancien pr\u00e9sident des \u00c9tats-Unis, Donald&nbsp;Trump.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Pendant sa campagne, Trump a promis d\u2019imposer des tarifs douaniers \u00e9lev\u00e9s sur les importations s\u2019il \u00e9tait \u00e9lu pour un second&nbsp;mandat, laissant entendre des tarifs douaniers de 60&nbsp;% sur les importations en provenance de la Chine et de 10&nbsp;% sur toutes les autres importations.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans l\u2019\u00e9pisode de Prenez 10&nbsp;minutes de cette semaine, les \u00e9conomistes de la RBC <strong>Claire&nbsp;Fan<\/strong> et <strong>Carrie&nbsp;Freestone<\/strong> se penchent sur les tarifs douaniers impos\u00e9s par Trump lors de sa derni\u00e8re pr\u00e9sidence et leur incidence sur l\u2019\u00e9conomie am\u00e9ricaine. Elles tordront le cou \u00e0 certaines des id\u00e9es fausses qui circulent sur l\u2019incidence des tarifs douaniers sur la croissance \u00e9conomique et la cr\u00e9ation d\u2019emplois, avant de r\u00e9pondre \u00e0 des questions cl\u00e9s comme ce \u00e0 quoi il faut s\u2019attendre cette fois-ci et dans quelle mesure le Canada sera concern\u00e9 par tout cela.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1868206251&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">27&nbsp;juin&nbsp;2024<\/p>\n\n\n\n<h4 id=\"h-s2-e13-pourquoi-devrions-nous-nous-preoccuper-de-l-ecart-de-productivite-au-canada-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S2:E13 Pourquoi devrions-nous nous pr\u00e9occuper de l\u2019\u00e9cart de productivit\u00e9 au Canada&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Les mauvais r\u00e9sultats du Canada en ce qui a trait \u00e0 la productivit\u00e9 ont \u00e9t\u00e9 sous le feu de la rampe r\u00e9cemment. Ce n\u2019est pas un probl\u00e8me nouveau, mais l\u2019\u00e9cart (surtout par rapport aux \u00c9tats-Unis) est tout simplement devenu trop important pour qu\u2019on l\u2019ignore. Dans les ann\u00e9es&nbsp;1970, le niveau de productivit\u00e9 du Canada repr\u00e9sentait environ 90&nbsp;% du niveau am\u00e9ricain. Aujourd\u2019hui, il est plut\u00f4t de l\u2019ordre de 70&nbsp;%. Cette d\u00e9t\u00e9rioration au fil des d\u00e9cennies se traduit par un \u00e9norme \u00e9cart de r\u00e9mun\u00e9ration de 20&nbsp;000&nbsp;$ par an entre le Canadien moyen et l\u2019Am\u00e9ricain moyen.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">En effet, historiquement, les gains de productivit\u00e9 ont \u00e9t\u00e9 bien corr\u00e9l\u00e9s avec la croissance des salaires r\u00e9els. Et c\u2019est la raison pour laquelle nous devrions tous nous pr\u00e9occuper d\u2019un ralentissement de la productivit\u00e9. Parce qu\u2019au fond, absence de croissance de la productivit\u00e9 est synonyme d\u2019absence d\u2019am\u00e9lioration du niveau de vie.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans cet \u00e9pisode de Prenez 10&nbsp;minutes, l\u2019\u00e9conomiste en chef adjoint de la RBC <strong>Nathan&nbsp;Janzen<\/strong> et l\u2019\u00e9conomiste de la RBC <strong>Claire&nbsp;Fan<\/strong> abordent la question de la productivit\u00e9. Ils commenceront par rappeler tous les principes de base&nbsp;: ce qu\u2019est la productivit\u00e9, comment est-elle mesur\u00e9e et en quoi est-elle importante, avant de d\u00e9tailler quelques-uns des nombreux facteurs qui expliquent les mauvais r\u00e9sultats du Canada, et ce qui pourrait \u00eatre utile dans la p\u00e9riode \u00e0 venir.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1857935991&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">13&nbsp;juin&nbsp;2024<\/p>\n\n\n\n<h4 id=\"h-s2-e12-la-saison-des-voyages-est-arrivee-nbsp-que-pouvons-nous-esperer-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S2:E12 La saison des voyages est arriv\u00e9e&nbsp;! Que pouvons-nous esp\u00e9rer&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">\u00c0 l\u2019approche de l\u2019\u00e9t\u00e9, que pouvons-nous attendre de diff\u00e9rent pour la saison des voyages de cette ann\u00e9e&nbsp;? Tout d\u2019abord, il a fallu plus de temps aux Canadiens pour se sentir \u00e0 l\u2019aise avec les voyages longue distance \u00e0 la suite des perturbations li\u00e9es \u00e0 la pand\u00e9mie, mais \u00e0 la fin de&nbsp;2023, la demande de tourisme \u00e0 l\u2019\u00e9tranger s\u2019est finalement redress\u00e9e. Cette tendance se poursuivra probablement cet \u00e9t\u00e9, car de plus en plus de Canadiens voyagent plus loin vers des destinations qui ont peut-\u00eatre quelque chose de diff\u00e9rent \u00e0 offrir. Si l\u2019on se tourne vers l\u2019int\u00e9rieur, le rebond de la demande de voyages parmi les Canadiens n\u2019a pas \u00e9t\u00e9 enti\u00e8rement compens\u00e9 par les visiteurs \u00e9trangers qui se rendent au Canada. C\u2019est l\u00e0 qu\u2019il reste un \u00e9cart important \u00e0 combler.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans cet \u00e9pisode de Prenez 10&nbsp;minutes, les \u00e9conomistes de RBC <strong>Carrie&nbsp;Freestone<\/strong> et <strong>Claire&nbsp;Fan<\/strong> analysent les tendances en mati\u00e8re de voyages. Elles commencent par faire le point sur la situation au d\u00e9but de cette ann\u00e9e, puis abordent les points faibles qui subsistent. Elles expliquent ensuite pourquoi ces points faibles reviendront ou non en&nbsp;2024.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1846133154&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">30&nbsp;mai&nbsp;2024<\/p>\n\n\n\n<h4 id=\"h-s2-e11-comment-le-vieillissement-de-la-population-pese-t-il-sur-l-economie-canadienne-et-comment-l-immigration-peut-elle-y-remedier-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S2:E11 Comment le vieillissement de la population p\u00e8se-t-il sur l\u2019\u00e9conomie canadienne et comment l\u2019immigration peut-elle y rem\u00e9dier&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Le vieillissement de la population a des cons\u00e9quences \u00e9conomiques et financi\u00e8res d\u00e9sastreuses. Il se traduit par des p\u00e9nuries de main-d\u2019\u0153uvre g\u00e9n\u00e9ralis\u00e9es, une pression accrue \u00e0 la hausse sur la croissance des salaires et l\u2019inflation, et potentiellement un d\u00e9ficit de financement croissant des services sociaux publics. Le Canada n\u2019est pas le seul pays \u00e0 faire face \u00e0 de tels d\u00e9fis. Ce qui est unique, cependant, c\u2019est la fa\u00e7on dont le gouvernement canadien a utilis\u00e9 l\u2019immigration comme outil pour lutter contre ces facteurs d\u00e9favorables.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans cet \u00e9pisode de Prenez 10&nbsp;minutes, les \u00e9conomistes de RBC Carrie&nbsp;Freestone et Claire&nbsp;Fan analysent les cons\u00e9quences d\u2019une population vieillissante sur l\u2019\u00e9conomie. Elles soulignent la fa\u00e7on dont le Canada se compare aux \u00c9tats-Unis et le r\u00f4le que l\u2019immigration peut jouer pour amortir le choc.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1833361974&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">16&nbsp;mai&nbsp;2024<\/p>\n\n\n\n<h4 id=\"h-s2-e10-qu-est-ce-qu-un-taux-d-interet-neutre-et-pourquoi-la-banque-du-canada-l-a-t-elle-releve-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S2:E10 Qu\u2019est-ce qu\u2019un taux d\u2019int\u00e9r\u00eat neutre et pourquoi la Banque du Canada l\u2019a-t-elle relev\u00e9&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">En avril, la Banque du Canada a relev\u00e9 son estimation du taux neutre de 25&nbsp;points de base, ce qui montre que les taux d\u2019int\u00e9r\u00eat \u00ab&nbsp;normaux&nbsp;\u00bb dans la p\u00e9riode qui a suivi la pand\u00e9mie sont probablement plus \u00e9lev\u00e9s que ceux de la d\u00e9cennie pr\u00e9c\u00e9dente. En prenant du recul, que sont exactement les taux d\u2019int\u00e9r\u00eat \u00ab&nbsp;neutres&nbsp;\u00bb et comment la banque centrale a-t-elle su qu\u2019il fallait les ajuster \u00e0 la hausse&nbsp;? Apr\u00e8s plusieurs d\u00e9cennies de baisse des taux neutres, pourquoi ce retour de balancier&nbsp;?<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans cet \u00e9pisode de Prenez 10&nbsp;minutes, les \u00e9conomistes de la RBC Claire&nbsp;Fan et Carrie&nbsp;Freestone parlent de politique mon\u00e9taire et r\u00e9pondent \u00e0 toutes vos questions br\u00fblantes sur le taux d\u2019int\u00e9r\u00eat \u00ab&nbsp;neutre&nbsp;\u00bb.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1822699152&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">2&nbsp;mai&nbsp;2024<\/p>\n\n\n\n<h4 id=\"h-s2-e9-la-banque-du-canada-sera-t-elle-influencee-par-les-taux-plus-eleves-pendant-plus-longtemps-aux-etats-unis-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S2:E9 La Banque du Canada sera-t-elle influenc\u00e9e par les taux plus \u00e9lev\u00e9s pendant plus longtemps aux \u00c9tats-Unis&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Au d\u00e9but de&nbsp;2024, la disparit\u00e9 dans les rendements \u00e9conomiques entre les \u00e9conomies avanc\u00e9es est devenue plus \u00e9vidente. De plus en plus, nous constatons que l\u2019\u00e9conomie canadienne est sous-performante, surtout si on la compare aux conditions favorables aux \u00c9tats-Unis. Les chiffres de l\u2019inflation aux \u00c9tats-Unis, qui s\u2019acc\u00e9l\u00e8rent \u00e0 nouveau, ne sont toutefois pas aussi optimistes. Cela incite \u00e0 penser que la R\u00e9serve f\u00e9d\u00e9rale devra maintenir des taux plus \u00e9lev\u00e9s pendant beaucoup plus longtemps. Mais la BdC devra-t-elle faire de m\u00eame?<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans l\u2019\u00e9pisode de Prenez 10&nbsp;minutes de cette semaine, les \u00e9conomistes de RBC Claire&nbsp;Fan et Carrie&nbsp;Freestone r\u00e9pondent \u00e0 cette question. Elles commencent par passer en revue les pr\u00e9occupations potentielles concernant une divergence de taux entre la Banque du Canada et la Fed, avant d\u2019expliquer pourquoi la BdC ne devrait pas \u00eatre perturb\u00e9e dans son prochain cycle d\u2019assouplissement.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1812029979&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">18&nbsp;avril&nbsp;2024<\/p>\n\n\n\n<h4 id=\"h-s2-e8-comment-pouvons-nous-ameliorer-l-accessibilite-au-logement-pour-les-canadiens-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S2:E8 Comment pouvons-nous am\u00e9liorer l\u2019accessibilit\u00e9 au logement pour les Canadiens&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">L\u2019accessibilit\u00e9 au logement est devenue une pr\u00e9occupation g\u00e9n\u00e9rationnelle au Canada et a r\u00e9cemment \u00e9t\u00e9 au c\u0153ur des enjeux du budget f\u00e9d\u00e9ral. Aux prix actuels, les deux&nbsp;tiers des m\u00e9nages canadiens n\u2019ont pas les moyens d\u2019acheter une maison individuelle en se fondant uniquement sur le revenu gagn\u00e9. Comment en sommes-nous arriv\u00e9s l\u00e0? Et comment pouvons-nous am\u00e9liorer l\u2019acc\u00e8s \u00e0 la propri\u00e9t\u00e9?<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans l\u2019\u00e9pisode de Prenez 10&nbsp;minutes de cette semaine, nous accueillons un invit\u00e9 sp\u00e9cial, l\u2019\u00e9conomiste en chef adjoint de RBC, Robert&nbsp;Hogue, qui nous parle de son dernier rapport, <a href=\"https:\/\/www.rbc.com\/fr\/leadership-avise\/recherche-economique\/logement-au-canada\/la-grande-reconstruction-sept-facons-de-remedier-a-la-penurie-de-logements-au-canada\/\" class=\"rbc-link-format\"><em>La grande reconstruction<\/em><\/a>. M.&nbsp;Hogue explique les raisons qui ont mis le Canada face \u00e0 des probl\u00e8mes d\u2019offre de logements consid\u00e9rables et la fa\u00e7on d\u2019y rem\u00e9dier dans les ann\u00e9es \u00e0 venir.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1802369334&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">3&nbsp;avril&nbsp;2024<\/p>\n\n\n\n<h4 id=\"h-s2-e7-que-pouvons-nous-attendre-du-nouveau-plafond-fixe-par-le-canada-pour-les-residents-temporaires-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S2:E7 Que pouvons-nous attendre du nouveau plafond fix\u00e9 par le Canada pour les r\u00e9sidents temporaires&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Il y a deux&nbsp;semaines, le ministre de l\u2019Immigration du Canada a annonc\u00e9 son intention de limiter l\u2019ampleur de la migration internationale au Canada au cours des prochaines ann\u00e9es. L\u2019annonce d\u00e9taillait les premi\u00e8res mesures visant \u00e0 r\u00e9duire la part de r\u00e9sidents temporaires (principalement les titulaires d\u2019un permis d\u2019\u00e9tudes et de travail) dans la population \u00e0 5&nbsp;% au cours des trois&nbsp;prochaines ann\u00e9es. Pour atteindre cette cible, le nombre de r\u00e9sidents temporaires au Canada doit diminuer de 20&nbsp;% au cours de la m\u00eame p\u00e9riode.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">On this week\u2019s episode of the 10-Minute Take, RBC Economists Claire Fan and Carrie Freestone break this new policy down. They will walk through details of the newly announced Dans l\u2019\u00e9pisode de Prenez 10&nbsp;minutes de cette semaine, les \u00e9conomistes de RBC Claire&nbsp;Fan et Carrie&nbsp;Freestone d\u00e9cryptent cette nouvelle politique. Elles passeront en revue les d\u00e9tails du plafond r\u00e9cemment annonc\u00e9 et les personnes qui devraient \u00eatre touch\u00e9es \u00e0 court terme, avant d\u2019examiner plus en d\u00e9tail les cons\u00e9quences plus g\u00e9n\u00e9rales sur la croissance d\u00e9mographique, le PIB et d\u2019autres donn\u00e9es \u00e9conomiques importants du Canada.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1791089503&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">6&nbsp;mars&nbsp;2024<\/p>\n\n\n\n<h4 id=\"h-s2-e6-pourquoi-les-locataires-ont-ils-tant-de-mal-a-epargner-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S2:E6 Pourquoi les locataires ont-ils tant de mal \u00e0 \u00e9pargner&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Les locataires canadiens sont plus pressur\u00e9s que jamais&nbsp;! Les locataires consacrent une part plus importante de leur salaire net au logement que les propri\u00e9taires, alors que les co\u00fbts des autres produits essentiels (et les int\u00e9r\u00eats sur la dette) ont augment\u00e9. Par cons\u00e9quent, les locataires d\u00e9pensent collectivement plus qu\u2019ils ne gagnent. Les exigences en mati\u00e8re de mise de fonds augmentent par rapport au salaire net, ce qui fait qu\u2019il est exceptionnellement difficile d\u2019\u00e9pargner pour l\u2019achat d\u2019une maison.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans l\u2019\u00e9pisode de Prenez 10&nbsp;minutes de cette semaine, les \u00e9conomistes de RBC Claire&nbsp;Fan et Carrie&nbsp;Freestone analysent le logement comme instrument d\u2019accumulation de patrimoine. Elles expliquent pourquoi les possibilit\u00e9s de production de richesse sont de moins en moins accessibles et les cons\u00e9quences de ce ph\u00e9nom\u00e8ne sur une grande partie de la population canadienne.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1779524730&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">6&nbsp;mars&nbsp;2024<\/p>\n\n\n\n<h4 id=\"h-s2-e5-l-ia-generative-va-t-elle-augmenter-la-productivite-canadienne-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S2:E5 L\u2019IA g\u00e9n\u00e9rative va-t-elle augmenter la productivit\u00e9 canadienne&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Les outils d\u2019IA g\u00e9n\u00e9rative comme ChatGPT ont connu un succ\u00e8s ph\u00e9nom\u00e9nal aupr\u00e8s des consommateurs un peu plus d\u2019un an apr\u00e8s leur arriv\u00e9e sur le march\u00e9. Toutefois, les entreprises sont plus sceptiques&nbsp;\u2013 un peu plus de 9&nbsp;% des entreprises canadiennes ont d\u00e9clar\u00e9 avoir adopt\u00e9 l\u2019IA au premier trimestre de cette ann\u00e9e, selon un sondage de Statistique Canada. Cette technologie a \u00e9t\u00e9 salu\u00e9e par beaucoup comme \u00ab&nbsp;am\u00e9liorant la productivit\u00e9&nbsp;\u00bb. Or c\u2019est un domaine dans lequel le Canada est sous-performant depuis des d\u00e9cennies. La croissance de la productivit\u00e9 rev\u00eat une grande importance, car c\u2019est d\u2019elle que d\u00e9pendent la croissance des salaires r\u00e9els et, par cons\u00e9quent, le niveau de vie de la population. L\u2019intelligence artificielle g\u00e9n\u00e9rative peut-elle \u00eatre la solution miracle qui sortira l\u2019\u00e9conomie canadienne de l\u2019orni\u00e8re de la productivit\u00e9&nbsp;?<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Joignez-vous aux \u00e9conomistes de RBC Claire&nbsp;Fan et Carrie&nbsp;Freestone pour cet \u00e9pisode de Prenez 10&nbsp;minutes au cours duquel elles passeront en revue quelques-unes des derni\u00e8res statistiques sur l\u2019adoption de l\u2019IA g\u00e9n\u00e9rative ainsi que les possibilit\u00e9s et les d\u00e9fis \u00e0 venir avant de se pencher sur les cons\u00e9quences potentielles de cette technologie sur l\u2019\u00e9conomie canadienne.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1766492172&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">21&nbsp;f\u00e9vrier&nbsp;2024<\/p>\n\n\n\n<h4 id=\"h-s2-e4-le-plafonnement-du-nombre-d-etudiants-etrangers-aura-t-il-une-incidence-sur-les-loyers-canadiens-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S2:E4 Le plafonnement du nombre d\u2019\u00e9tudiants \u00e9trangers aura-t-il une incidence sur les loyers canadiens&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Au cours des derni\u00e8res ann\u00e9es, la croissance d\u00e9mographique du Canada a d\u00e9pass\u00e9 la moyenne mondiale. Les \u00e9tudiants \u00e9trangers repr\u00e9sentaient environ 20&nbsp;% de la r\u00e9cente explosion d\u00e9mographique. Cette \u00e9norme croissance a suscit\u00e9 des inqui\u00e9tudes quant \u00e0 la disponibilit\u00e9 et \u00e0 l\u2019accessibilit\u00e9 des logements.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans cet \u00e9pisode de Prenez 10&nbsp;minutes, nous accueillons de nouveau Rachel&nbsp;Battaglia, \u00e9conomiste \u00e0 RBC, qui analyse la nouvelle politique f\u00e9d\u00e9rale et explique si elle aura une incidence sur la demande de logements locatifs (et leurs prix) \u00e0 l\u2019avenir.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1753453998&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">8&nbsp;f\u00e9vrier&nbsp;2024<\/p>\n\n\n\n<h4 id=\"h-s2-e3-qu-est-ce-qui-stimulera-la-croissance-au-second-semestre-de-nbsp-2024-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S2:E3 Qu\u2019est-ce qui stimulera la croissance au second semestre de&nbsp;2024&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">En&nbsp;2023, les m\u00e9nages canadiens ont fait face \u00e0 une augmentation des co\u00fbts du service de la dette sur les pr\u00eats hypoth\u00e9caires et le cr\u00e9dit \u00e0 la consommation, ainsi qu\u2019\u00e0 des loyers plus \u00e9lev\u00e9s. Les Canadiens ont d\u00fb se serrer la ceinture et, dans bien des cas, renoncer \u00e0 \u00e9pargner. L\u2019ann\u00e9e&nbsp;2024 sera-t-elle diff\u00e9rente&nbsp;? Quels facteurs favoriseront la lente reprise au second semestre&nbsp;? Claire&nbsp;Fan et Carrie&nbsp;Freestone, \u00e9conomiste \u00e0 RBC, analysent les tendances de consommation et expliquent pourquoi le second semestre de cette ann\u00e9e sera diff\u00e9rent.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1740616428&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">24&nbsp;janvier&nbsp;2024<\/p>\n\n\n\n<h4 id=\"h-s2-e2-des-surprises-en-nbsp-2024-deja-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S2:E2 Des surprises en&nbsp;2024, d\u00e9j\u00e0&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Quelques semaines seulement apr\u00e8s le d\u00e9but de la nouvelle ann\u00e9e, le paysage \u00e9conomique est plein de surprises. Les donn\u00e9es sur l\u2019inflation au Canada ont encore une fois montr\u00e9 \u00e0 quel point les pressions sur les prix int\u00e9rieurs peuvent \u00eatre \u00ab&nbsp;persistantes&nbsp;\u00bb. \u00c0 l\u2019\u00e9chelle mondiale, les cha\u00eenes d\u2019approvisionnement sont de nouveau mises \u00e0 rude \u00e9preuve par des attaques dans la mer Rouge qui perturbent les exp\u00e9ditions de conteneurs. Enfin, les march\u00e9s du travail canadien ralentissent depuis des mois. Mais contrairement aux replis pr\u00e9c\u00e9dents, les mises \u00e0 pied ont \u00e9t\u00e9 relativement limit\u00e9es et ce sont les recherches d\u2019emploi plus longues des \u00e9tudiants et des nouveaux dipl\u00f4m\u00e9s qui en font les frais.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans cet \u00e9pisode de Prenez 10&nbsp;minutes, les \u00e9conomistes de RBC Carrie&nbsp;Freestone et Claire&nbsp;Fan passent en revue trois&nbsp;tendances cl\u00e9s qui ont d\u00e9j\u00e0 surpris en&nbsp;2024.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1725672006&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">11&nbsp;janvier&nbsp;2024<\/p>\n\n\n\n<h4 id=\"h-s2-e1-quand-les-taux-d-interet-seront-ils-abaisses-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S2:E1 Quand les taux d\u2019int\u00e9r\u00eat seront-ils abaiss\u00e9s&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Nous entrons dans une nouvelle ann\u00e9e et le taux du financement \u00e0 un jour de la Banque du Canada (BdC) se situe actuellement \u00e0 son plus haut niveau depuis plus de deux&nbsp;d\u00e9cennies. Les Canadiens qui font face \u00e0 l\u2019augmentation des co\u00fbts d\u2019emprunt sont impatients de voir la Banque du Canada venir \u00e0 la rescousse en changeant de cap et en r\u00e9duisant les taux d\u2019int\u00e9r\u00eat. Mais les donn\u00e9es \u00e9conomiques permettent-elles \u00e0 la BdC de changer de cap&nbsp;?<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans cet \u00e9pisode de Prenez 10&nbsp;minutes, les \u00e9conomistes de la RBC Carrie&nbsp;Freestone et Claire&nbsp;Fan donnent leurs points de vue sur le moment o\u00f9 les r\u00e9ductions de taux auront lieu et sur la trajectoire qu\u2019elles suivront.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1713932772&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">7&nbsp;d\u00e9cembre&nbsp;2023<\/p>\n\n\n\n<h4 id=\"h-s1-e21-qu-est-ce-qui-a-surpris-les-economistes-en-nbsp-2023-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S1:E21 Qu\u2019est-ce qui a surpris les \u00e9conomistes en&nbsp;2023&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">L\u2019\u00e9conomie canadienne a connu des changements cruciaux en&nbsp;2023. Au d\u00e9but de l\u2019ann\u00e9e, l\u2019inflation a atteint des sommets in\u00e9gal\u00e9s depuis des d\u00e9cennies, des p\u00e9nuries de main-d\u2019\u0153uvre g\u00e9n\u00e9ralis\u00e9es et des d\u00e9penses de consommation exceptionnellement \u00e9lev\u00e9es. De toute \u00e9vidence, l\u2019\u00e9conomie \u00e9tait en surchauffe, et \u00ab&nbsp;r\u00e9cession&nbsp;\u00bb \u00e9tait plus un mot \u00e0 la mode qu\u2019une r\u00e9alit\u00e9. En d\u00e9cembre, la demande exc\u00e9dentaire dans l\u2019\u00e9conomie est pratiquement \u00e9puis\u00e9e. Et les donn\u00e9es macro\u00e9conomiques semblent beaucoup plus faibles et correspondent \u00e0 une l\u00e9g\u00e8re r\u00e9cession.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Joignez-vous aux \u00e9conomistes Claire&nbsp;Fan et Carrie&nbsp;Freestone de RBC dans ce dernier \u00e9pisode de la saison. Elles r\u00e9capitulent les principaux th\u00e8mes macro\u00e9conomiques de cette ann\u00e9e et vous disent ce qu\u2019il faut surveiller au cours de l\u2019ann\u00e9e \u00e0 venir.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1683830049&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-r-0 mob-pad-r-0 pad-l-0 mob-pad-l-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">23&nbsp;novembre&nbsp;2023<\/p>\n\n\n\n<h4 id=\"h-s1-e20-que-se-passe-t-il-sur-le-marche-du-travail-canadien-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S1:E20 Que se passe-t-il sur le march\u00e9 du travail canadien&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">De nos jours, de nombreux indicateurs montrent une d\u00e9t\u00e9rioration des conditions du march\u00e9 du travail au Canada. Le nombre de postes vacants est en baisse et les p\u00e9riodes consacr\u00e9es \u00e0 la recherche d\u2019emploi se sont allong\u00e9es. Le taux de ch\u00f4mage reste faible, mais il a augment\u00e9 de 0,7&nbsp;% en l\u2019espace de six&nbsp;mois.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Le ralentissement de la demande des consommateurs assombrit \u00e9galement les perspectives du march\u00e9 du travail au Canada, surtout dans les secteurs des services discr\u00e9tionnaires o\u00f9 les niveaux de dotation en personnel n\u2019ont jamais retrouv\u00e9 leur niveau d\u2019avant la pand\u00e9mie. \u00c0 ce jour, les mises \u00e0 pied pures et simples sont encore limit\u00e9es. Mais le niveau record d\u2019endettement des m\u00e9nages de nos jours signifie \u00e9galement que les pertes d\u2019emplois, lorsqu\u2019elles se produiront, pourraient faire beaucoup plus de tort qu\u2019auparavant.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans l\u2019\u00e9pisode de Prenez 10&nbsp;minutes de cette semaine, les \u00e9conomistes Carrie&nbsp;Freestone et Claire&nbsp;Fan examinent les derni\u00e8res donn\u00e9es du march\u00e9 du travail canadien. Elles discuteront de ce qui se cache derri\u00e8re sa d\u00e9t\u00e9rioration continue et de ce \u00e0 quoi il faut s\u2019attendre \u00e0 l\u2019avenir.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1649070435&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">8&nbsp;novembre&nbsp;2023<\/p>\n\n\n\n<h4 id=\"h-s1-e19-quelle-est-l-incidence-de-la-montee-en-fleche-de-l-immigration-sur-la-croissance-economique-au-canada-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S1:E19 Quelle est l\u2019incidence de la mont\u00e9e en fl\u00e8che de l\u2019immigration sur la croissance \u00e9conomique au Canada&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Au cours de la derni\u00e8re d\u00e9cennie, la croissance d\u00e9mographique du Canada a surpass\u00e9 celle de l\u2019Inde, de la Chine, de l\u2019Am\u00e9rique du Sud et de l\u2019Am\u00e9rique centrale et a \u00e9t\u00e9 sup\u00e9rieure \u00e0 la moyenne mondiale. Ces derni\u00e8res ann\u00e9es, la croissance d\u00e9mographique fulgurante du Canada a \u00e9t\u00e9 enti\u00e8rement aliment\u00e9e par l\u2019immigration. Le Canada compte beaucoup sur les nouveaux arrivants pour occuper les postes laiss\u00e9s vacants par le d\u00e9part \u00e0 la retraite des baby-boomers. Mais le besoin croissant de logements s\u2019ajoute aux pr\u00e9occupations pr\u00e9existantes en mati\u00e8re d\u2019accessibilit\u00e9 au logement.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Dans l\u2019\u00e9pisode de dix&nbsp;minutes chrono de cette semaine, les \u00e9conomistes Carrie&nbsp;Freestone et Claire&nbsp;Fan analysent les derniers objectifs d\u2019immigration du gouvernement f\u00e9d\u00e9ral et discutent des r\u00e9percussions de la hausse de l\u2019immigration sur l\u2019\u00e9conomie canadienne.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1649070435&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">25&nbsp;octobre&nbsp;2023<\/p>\n\n\n\n<h4 id=\"h-s1-e18-dans-quelle-mesure-les-entreprises-et-les-consommateurs-canadiens-sont-ils-affectes-par-les-taux-d-interet-eleves-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S1:E18 Dans quelle mesure les entreprises et les consommateurs canadiens sont-ils affect\u00e9s par les taux d\u2019int\u00e9r\u00eat \u00e9lev\u00e9s&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">L\u2019inflation \u00e9lev\u00e9e et les taux d\u2019int\u00e9r\u00eat encore plus \u00e9lev\u00e9s accentuent la pression sur les Canadiens, de sorte que les consommateurs et les entreprises ont de plus en plus de mal \u00e0 rembourser leur dette existante, \u00e0 d\u00e9penser ou \u00e0 investir.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">En effet, les derni\u00e8res enqu\u00eates de la Banque du Canada ont r\u00e9v\u00e9l\u00e9 que pr\u00e8s de 60&nbsp;% des consommateurs ont \u00e9t\u00e9 contraints de r\u00e9duire leurs d\u00e9penses au troisi\u00e8me trimestre pour faire face \u00e0 la hausse des prix et des frais de service de la dette. En \u00e9cho, les entreprises ont fait \u00e9tat d\u2019un ralentissement de la demande, certaines ayant m\u00eame signal\u00e9 une baisse drastique des ventes au cours de la derni\u00e8re ann\u00e9e. Le bon c\u00f4t\u00e9&nbsp;? Le ralentissement de la demande diminue les pressions inflationnistes, ce qui r\u00e9duit la probabilit\u00e9 que les prix augmentent autant ou aussi fr\u00e9quemment \u00e0 l\u2019avenir.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">\u00c9coutez l\u2019\u00e9pisode de Prenez 10&nbsp;minutes de cette semaine dans lequel les \u00e9conomistes de RBCCarrie&nbsp;Freestone et Claire&nbsp;Fan vous pr\u00e9sentent les derni\u00e8res enqu\u00eates trimestrielles de la Banque du Canada et analysent leur signification pour les d\u00e9cisions futures de la BdC en mati\u00e8re de taux.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1649070435&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">12 octobre 2023<\/p>\n\n\n\n<h4 id=\"h-s1-e17-combien-de-temps-le-rendement-superieur-de-l-economie-americaine-peut-il-durer-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S1:E17 Combien de temps le rendement sup\u00e9rieur de l\u2019\u00e9conomie am\u00e9ricaine peut-il durer&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">La croissance du PIB des \u00c9tats-Unis continue de grimper alors que l\u2019activit\u00e9 ralentit au Canada. Les Canadiens se sont serr\u00e9 la ceinture. Ils ont privil\u00e9gi\u00e9 l\u2019achat de produits essentiels \u00e0 l\u2019achat de biens discr\u00e9tionnaires. Aux \u00c9tats-Unis, les consommateurs continuent de d\u00e9penser \u00e0 un rythme record et l\u2019\u00e9lan ne s\u2019est pas encore estomp\u00e9. Mais les \u00c9tats-Unis continueront-ils de surpasser le Canada&nbsp;? Nous pensons que non&nbsp;! \u00c9coutez l\u2019\u00e9pisode de Prenez 10&nbsp;minutes de cette semaine dans lequel les \u00e9conomistes de RBC Carrie&nbsp;Freestone et Claire&nbsp;Fan analysent ce qui motive la r\u00e9silience des \u00c9tats-Unis et pourquoi elle ne durera pas.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1637744463&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">28&nbsp;septembre&nbsp;2023<\/p>\n\n\n\n<h4 id=\"h-s1-e16-pourquoi-tant-de-travailleurs-sont-ils-en-greve-ces-jours-ci-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S1:E16 Pourquoi tant de travailleurs sont-ils en gr\u00e8ve ces jours-ci&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">L\u2019inflation \u00e9lev\u00e9e a incit\u00e9 de nombreux travailleurs \u00e0 r\u00e9clamer des augmentations de salaire et les syndicats r\u00e9agissent en faisant pression sur les employeurs pour qu\u2019ils s\u2019ex\u00e9cutent. Au cours des derniers mois, le Canada a connu une forte augmentation des arr\u00eats de travail ou des gr\u00e8ves. Il reste un \u00e9cart \u00e0 combler&nbsp;: les augmentations de salaire des travailleurs syndiqu\u00e9s depuis le d\u00e9but de&nbsp;2020 sont inf\u00e9rieures d\u2019environ 7&nbsp;% \u00e0 celles des travailleurs non syndiqu\u00e9s. Mais cela se traduira-t-il par une pression soutenue sur la croissance des salaires \u00e0 l\u2019avenir&nbsp;? Dans cet \u00e9pisode, nous accueillons l\u2019\u00e9conomiste de RBC Rachel Battaglia pour discuter des raisons de la fr\u00e9quence accrue des conflits salariaux et de l\u2019importance de ma\u00eetriser l\u2019inflation afin d\u2019att\u00e9nuer ces perturbations.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1626776205&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">14&nbsp;septembre&nbsp;2023<\/p>\n\n\n\n<h4 id=\"h-s1-e15-quel-est-le-niveau-d-endettement-des-canadiens-et-est-ce-un-probleme-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S1:E15 Quel est le niveau d\u2019endettement des Canadiens et est-ce un probl\u00e8me&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Alors que les Am\u00e9ricains continuent de d\u00e9penser, les Canadiens se serrent la ceinture. L\u2019\u00e9conomie des \u00c9tats-Unis continue de progresser tandis que celle du Canada montre des signes pr\u00e9coces de faiblesse. Pourquoi? \u00c0 cause des niveaux d\u2019endettement et du refinancement plus rapide&nbsp;! Dans cet \u00e9pisode de Prenez 10&nbsp;minutes, les \u00e9conomistes de RBC Claire&nbsp;Fan et Carrie&nbsp;Freestone expliquent l\u2019incidence de la dette influe sur le comportement des consommateurs canadiens, quelles cohortes d\u2019\u00e2ges sont les plus touch\u00e9es et \u00e0 quel point tout cela est pr\u00e9occupant. \u00c9coutez-les&nbsp;!<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1615704093&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">30&nbsp;ao\u00fbt&nbsp;2023<\/p>\n\n\n\n<h4 id=\"h-s1-e14-quand-la-chine-eternue-est-ce-que-le-monde-entier-s-enrhume-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S1:E14 Quand la Chine \u00e9ternue, est-ce que le monde entier s&rsquo;enrhume&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Les pays occidentaux sont toujours aux prises avec des taux d\u2019int\u00e9r\u00eat \u00e0 leur plus haut niveau depuis dix&nbsp;ans et une inflation \u00e9lev\u00e9e. Mais en Chine, les prix ont baiss\u00e9 sur 12&nbsp;mois en juillet. Dans un contexte de diminution de la demande des consommateurs et de vacillement du march\u00e9 immobilier, la banque centrale chinoise a pris la mesure inverse \u00e0 celle de ses homologues occidentaux&nbsp;: elle a abaiss\u00e9 ses taux directeurs de cr\u00e9dit.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">\u00c0 quel point la situation pourrait-elle empirer en Chine&nbsp;? Dans cet \u00e9pisode de dix&nbsp;minutes chrono, les \u00e9conomistes de RBC Carrie&nbsp;Freestone et Claire&nbsp;Fan expliquent ce qui se passe et ce que cela pourrait signifier pour le reste du monde. Nous explorons la s\u00e9rie de donn\u00e9es provenant de ce pays, ajoutons un contexte important sur les tendances d\u00e9mographiques avant de ramener la conversation au Canada.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1604424972&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">16&nbsp;ao\u00fbt&nbsp;2023<\/p>\n\n\n\n<h4 id=\"h-s1-e13-les-hausses-de-taux-d-interet-decretees-par-la-banque-du-canada-sont-elles-efficaces-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S1:E13 Les hausses de taux d\u2019int\u00e9r\u00eat d\u00e9cr\u00e9t\u00e9es par la Banque du Canada sont-elles efficaces&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Les banques centrales occidentales ne veulent pas relever les taux d\u2019int\u00e9r\u00eat\u2026 mais elles le feront si c\u2019est n\u00e9cessaire. Dans quelle mesure les hausses de taux ont-elles \u00e9t\u00e9 efficaces?<br>Les derni\u00e8res donn\u00e9es pr\u00e9sentent des signaux contradictoires&nbsp;: le ch\u00f4mage est en hausse, mais l\u2019inflation reste au-dessus de la cible et les d\u00e9penses de consommation demeurent \u00e9lev\u00e9es. Dans cet \u00e9pisode, les \u00e9conomistes de RBC Claire&nbsp;Fan et Carrie&nbsp;Freestone se penchent sur cette question br\u00fblante, \u00e9valuent la probabilit\u00e9 d\u2019un \u00ab&nbsp;atterrissage en douceur&nbsp;\u00bb (et expliquent de quoi il s\u2019agit).<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1594459788&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">2&nbsp;ao\u00fbt&nbsp;2023<\/p>\n\n\n\n<h4 id=\"h-s1-e12-le-boom-de-l-economie-des-animaux-de-compagnie-va-t-il-durer-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S1:E12 Le boom de l\u2019\u00e9conomie des animaux de compagnie va-t-il durer&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Si vous avez un ami \u00e0 quatre&nbsp;pattes \u00e0 la maison, vous faites partie de l\u2019\u00e9conomie des animaux de compagnie&nbsp;!<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Aujourd\u2019hui, le secteur mondial des animaux de compagnie repr\u00e9sente plus de 250&nbsp;milliards de dollars am\u00e9ricains, soit plus du double de l\u2019industrie cin\u00e9matographique mondiale. Cet essor s\u2019explique en partie par la pand\u00e9mie, p\u00e9riode durant laquelle le temps pass\u00e9 \u00e0 la maison par les m\u00e9nages a consid\u00e9rablement augment\u00e9, tout comme leur besoin de compagnie; le nombre d\u2019animaux de compagnie a augment\u00e9 de 5&nbsp;millions entre 2019 et 2022 rien qu\u2019aux \u00c9tats-Unis. Les perspectives pour le secteur des animaux de compagnie sont toutefois moins positives. Les hausses des taux d\u2019int\u00e9r\u00eat privent les m\u00e9nages d\u2019une partie de leur pouvoir d\u2019achat, ce qui les conduit \u00e0 r\u00e9duire leurs d\u00e9penses dans tous les domaines, notamment les produits et services li\u00e9s aux animaux de compagnie.<\/p>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Joignez-vous aux \u00e9conomistes de RBC Carrie&nbsp;Freestone et Claire&nbsp;Fan dans l\u2019\u00e9pisode de Prenez 10&nbsp;minutes de cette semaine o\u00f9 elles examinent de plus pr\u00e8s l\u2019\u00e9conomie des animaux de compagnie, l\u2019ampleur de sa croissance et son avenir.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1580158779&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">19&nbsp;juillet&nbsp;2023<\/p>\n\n\n\n<h4 id=\"h-s1-e11-pourquoi-la-hausse-des-taux-d-interet-ne-freine-t-elle-pas-les-depenses-des-canadiens-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S1:E11 Pourquoi la hausse des taux d\u2019int\u00e9r\u00eat ne freine-t-elle pas les d\u00e9penses des Canadiens&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Le cycle de resserrement mon\u00e9taire le plus \u00e9nergique depuis les ann\u00e9es&nbsp;1990 a fait grimper les taux d\u2019int\u00e9r\u00eat. Pourtant, les Canadiens continuent de d\u00e9penser. Pourquoi et vont-ils continuer \u00e0 le faire&nbsp;? Dans l\u2019\u00e9pisode de Prenez 10&nbsp;minutes de cette semaine, les \u00e9conomistes de RBC Claire&nbsp;Fan et Carrie&nbsp;Freestone expliquent pourquoi les d\u00e9penses ralentiront, mais ne diminueront pas compl\u00e8tement.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1568510341&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">5&nbsp;juillet&nbsp;2023<\/p>\n\n\n\n<h4 id=\"h-s1-e10-mes-factures-d-epicerie-diminueront-elles-un-jour-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S1:E10 Mes factures d\u2019\u00e9picerie diminueront-elles un jour&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Si vous vous demandez si vos factures d\u2019\u00e9picerie seront un jour moins effrayantes qu\u2019elles ne le sont actuellement, nous avons de mauvaises nouvelles pour vous. L\u2019inflation alimentaire a atteint un sommet au Canada en janvier dernier. Mais un ralentissement de l\u2019inflation n\u2019est pas synonyme de baisse des prix. Il signifie simplement dire que les prix augmenteront plus lentement. Qu\u2019est-ce qui fait que les prix alimentaires demeurent \u00e9lev\u00e9s&nbsp;? Et \u00e0 l\u2019avenir, quels d\u00e9fis continueront d\u2019exercer une pression sur les prix alimentaires au cours de la prochaine d\u00e9cennie&nbsp;? Joignez-vous aux \u00e9conomistes de RBC Claire&nbsp;Fan et Carrie&nbsp;Freestone pour cet \u00e9pisode de Prenez 10&nbsp;minutes, dans lequel elles se penchent sur la question de l\u2019inflation alimentaire et r\u00e9pondent \u00e0 des questions sur vos factures d\u2019\u00e9picerie.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1556598085&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">21&nbsp;juin&nbsp;2023<\/p>\n\n\n\n<h4 id=\"h-s1-e9-les-taux-d-interet-augmentent-ils-nbsp-a-nouveau\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S1:E9 Les taux d\u2019int\u00e9r\u00eat augmentent-ils&nbsp;\u00e0 nouveau?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">La Banque du Canada a frein\u00e9 son cycle de hausses des taux sans pr\u00e9c\u00e9dent en janvier. Cinq&nbsp;mois plus tard, elle est repass\u00e9e \u00e0 l\u2019action et a surpris une grande partie de Bay Street avec une augmentation de 25&nbsp;points de base. Qu\u2019est-ce qui a motiv\u00e9 cette d\u00e9cision et jusqu\u2019\u00e0 quel point les taux augmenteront-ils&nbsp;? Plus important encore, quelles seront les r\u00e9percussions de cette d\u00e9cision sur les Canadiens&nbsp;? Joignez-vous aux \u00e9conomistes de RBC Claire&nbsp;Fan et Carrie&nbsp;Freestone pour l\u2019\u00e9pisode de Prenez 10&nbsp;minutes de cette semaine.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1545426367&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">7&nbsp;juin&nbsp;2023<\/p>\n\n\n\n<h4 id=\"h-s1-e8-a-quoi-ressemblera-la-saison-des-voyages-estivaux-cette-annee-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S1:E8 \u00c0 quoi ressemblera la saison des voyages estivaux cette ann\u00e9e&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Vous avez h\u00e2te de partir en voyage cet \u00e9t\u00e9, mais vous vous inqui\u00e9tez des perturbations et des prix \u00e9lev\u00e9s&nbsp;? Vous n\u2019\u00eates pas seul&nbsp;! Dans l\u2019\u00e9pisode de Prenez 10&nbsp;minutes de cette semaine, les \u00e9conomistes Carrie&nbsp;Freestone et Claire&nbsp;Fan analysent pour vous les tendances de cette ann\u00e9e en mati\u00e8re de voyages. Nous commen\u00e7ons par expliquer ce qui a provoqu\u00e9 le chaos l\u2019\u00e9t\u00e9 dernier, avant de parler de certaines tendances int\u00e9ressantes que nous avons d\u00e9couvertes. Il s\u2019av\u00e8re que, malgr\u00e9 la r\u00e9silience de la demande, les Canadiens ont d\u00e9j\u00e0 apport\u00e9 des changements subtils \u00e0 leurs choix de voyage pour lutter contre la hausse des prix. Enfin, nous parlerons des perspectives pour le secteur des voyages dans un contexte \u00e9conomique de plus en plus difficile et des raisons pour lesquelles nous nous attendons \u00e0 un ralentissement, mais pas \u00e0 un effondrement.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1532556958&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">24&nbsp;mai&nbsp;2023<\/p>\n\n\n\n<h4 id=\"h-s1-e7-qu-est-ce-qui-empeche-les-economistes-de-dormir-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S1:E7 Qu\u2019est-ce qui emp\u00eache les \u00e9conomistes de dormir&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">\u00ab&nbsp;Permettez-nous de nous pr\u00e9senter&nbsp;!&nbsp;\u00bb Dans cet \u00e9pisode de Prenez 10&nbsp;minutes, faites connaissance avec les \u00e9conomistes de RBC Carrie&nbsp;Freestone et Claire&nbsp;Fan. Passez une journ\u00e9e dans la vie d\u2019une \u00e9conomiste et d\u00e9couvrez nos derniers points de vue sur les perspectives macro\u00e9conomiques. Qu\u2019est-ce qui a chang\u00e9 depuis les premi\u00e8res pr\u00e9visions de r\u00e9cession de RBC l\u2019\u00e9t\u00e9 dernier&nbsp;? Des signes de faiblesse apparaissent-ils&nbsp;? Et enfin, \u00e0 quoi pensons-nous lorsque nous ne trouvons pas le sommeil&nbsp;?<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1520836021&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">10&nbsp;mai&nbsp;2023<\/p>\n\n\n\n<h4 id=\"h-s1-e6-la-hausse-des-salaires-decoulant-des-conflits-de-travail-va-t-elle-relancer-l-inflation\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S1:E6 La hausse des salaires d\u00e9coulant des conflits de travail va-t-elle relancer l\u2019inflation?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">La plus grande gr\u00e8ve du secteur public au Canada depuis des d\u00e9cennies vient de se terminer sur une entente qui pr\u00e9voit des hausses de salaire sup\u00e9rieures \u00e0 10&nbsp;%. Les r\u00e8glements salariaux n\u00e9goci\u00e9s comme celui-ci vont-ils saper les efforts de la Banque du Canada pour ralentir l\u2019inflation&nbsp;? Les \u00e9conomistes de RBC Carrie&nbsp;Freestone et Claire&nbsp;Fan abordent ce point et d\u2019autres questions dans cet \u00e9pisode de Prenez 10&nbsp;minutes.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1510511968&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">26&nbsp;avril&nbsp;2023<\/p>\n\n\n\n<h4 id=\"h-s1-e5-si-les-prix-des-maisons-au-canada-baissent-pourquoi-les-loyers-explosent-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S1:E5 Si les prix des maisons au Canada baissent, pourquoi les loyers explosent&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Alors que les prix des maisons au Canada commencent \u00e0 baisser, les loyers grimpent en fl\u00e8che. Qu\u2019est-ce qui explique cette hausse&nbsp;? Le recul de l\u2019accessibilit\u00e9 est ce qui vient \u00e0 l\u2019esprit, car les prix \u00e9lev\u00e9s des maisons poussent de plus en plus d\u2019acheteurs potentiels \u00e0 se tourner vers la location. Mais d\u2019autres facteurs sont-ils \u00e0 l\u2019\u0153uvre&nbsp;? Et jusqu\u2019\u00e0 quel niveau de prix le march\u00e9 locatif peut-il monter&nbsp;? Dans cet \u00e9pisode sp\u00e9cial de Prenez 10&nbsp;minutes, Rachel&nbsp;Battaglia, de l\u2019\u00e9quipe des Services \u00e9conomiques&nbsp;RBC, nous parle des hauts et des bas du march\u00e9 du logement locatif au Canada, et de ce que nous r\u00e9serve l\u2019avenir.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1500475972&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">12&nbsp;avril&nbsp;2023<\/p>\n\n\n\n<h4 id=\"h-s1-e4-comment-les-turbulences-sur-les-marches-ont-elles-frappe-l-economie-canadienne-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S1:E4 Comment les turbulences sur les march\u00e9s ont-elles frapp\u00e9 l\u2019\u00e9conomie canadienne&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Les faillites de SVB et d\u2019autres banques r\u00e9gionales am\u00e9ricaines ont \u00e9branl\u00e9 les march\u00e9s. Mais quelles sont les cons\u00e9quences pour l\u2019ensemble de l\u2019\u00e9conomie&nbsp;? Ce ph\u00e9nom\u00e8ne est-il temporaire ou pourrait-il laisser des traces plus durables sur les march\u00e9s financiers&nbsp;? Dans cet \u00e9pisode de Prenez 10&nbsp;minutes, les \u00e9conomistes de RBC Claire&nbsp;Fan et Carrie&nbsp;Freestone vous ram\u00e8nent \u00e0 l\u2019essentiel en expliquant ce qu\u2019est la volatilit\u00e9 des march\u00e9s, o\u00f9 elle se situe selon elles et comment elle influera sur la croissance \u00e9conomique et les d\u00e9cisions des banques centrales.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1490696689&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">31&nbsp;mars&nbsp;2023<\/p>\n\n\n\n<h4 id=\"h-s1-e3-le-budget-de-2023-fera-t-il-derailler-la-campagne-de-lutte-contre-l-inflation-de-la-banque-du-canada-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S1:E3 Le budget de 2023 fera-t-il d\u00e9railler la campagne de lutte contre l\u2019inflation de la Banque du Canada&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Le budget f\u00e9d\u00e9ral a pr\u00e9sent\u00e9 une s\u00e9rie de nouvelles mesures de d\u00e9penses. Mais le prix \u00e0 payer est \u00e9lev\u00e9&nbsp;: un d\u00e9ficit de 40&nbsp;milliards de dollars et aucun signe de retour \u00e0 l\u2019\u00e9quilibre budg\u00e9taire dans un avenir proche. Est-ce qu\u2019Ottawa d\u00e9pense trop&nbsp;? Et comment le budget s\u2019inscrit-il dans le contexte actuel de la politique \u00e9conomique et mon\u00e9taire&nbsp;? Les \u00e9conomistes de RBC Claire&nbsp;Fan et Carrie&nbsp;Freestone r\u00e9pondent \u00e0 ces questions et \u00e0 d\u2019autres questions br\u00fblantes dans cet \u00e9pisode de Prenez 10&nbsp;minutes.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1481444335&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">15&nbsp;mars&nbsp;2023<\/p>\n\n\n\n<h4 id=\"h-s1-e2-comment-expliquer-ces-longues-files-d-attente-a-mon-cafe-local-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S1:E2 Comment expliquer ces longues files d\u2019attente \u00e0 mon caf\u00e9 local&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">Pourquoi les r\u00e9servations de restaurant sont-elles si difficiles \u00e0 trouver de nos jours&nbsp;? Le resserrement du march\u00e9 du travail est un sujet dont nous entendons parler partout. Mais qu\u2019est-ce que cela signifie vraiment&nbsp;? En quoi cela vous concerne-t-il&nbsp;? Joignez-vous aux \u00e9conomistes de RBC Claire&nbsp;Fan et Carrie&nbsp;Freestone dans cet \u00e9pisode du red\u00e9marrage de Prenez 10&nbsp;minutes. Elles vous feront part de leur point de vue sur les march\u00e9s du travail canadiens et sur leur \u00e9volution.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1468841956&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"background-color:#eeeeee;color:#eeeeee\" \/>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel rbctl-podcast-pattern\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 mob-pad-t-0 pad-b-0 mob-pad-b-0 pad-l-0 mob-pad-l-0 pad-r-0 mob-pad-r-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-dc0c0d66 wp-block-group-is-layout-flex\">\n<p class=\"mar-b-hlf mob-mar-b-qtr has-text-color has-text-sm-font-size wp-block-paragraph\" style=\"color:#585858\">1<sup>er<\/sup>&nbsp;mars&nbsp;2023<\/p>\n\n\n\n<h4 id=\"h-s1-e1-pourquoi-l-epicerie-coute-t-elle-si-cher-si-l-inflation-ralentit-nbsp\" class=\"wp-block-heading mar-b-hlf mob-mar-b-qtr\">S1:E1 Pourquoi l\u2019\u00e9picerie co\u00fbte-t-elle si cher si l\u2019inflation ralentit&nbsp;?<\/h4>\n\n\n\n<p class=\"mar-b-hlf mob-mar-b-qtr wp-block-paragraph\">L\u2019inflation est en baisse, n\u2019est-ce pas&nbsp;? Alors pourquoi ma facture d\u2019\u00e9picerie est-elle toujours aussi \u00e9lev\u00e9e&nbsp;? Des donn\u00e9es r\u00e9centes ont montr\u00e9 que la croissance des prix s\u2019essouffle\u2026 pourtant, tout, du caf\u00e9 au chocolat, reste cher. Nous expliquons pourquoi et \u00e0 quoi nous attendre dans les prochains mois \u00e0 venir dans le premier \u00e9pisode du red\u00e9marrage de Prenez 10&nbsp;minutes.<\/p>\n\n\n\n<div style=\"width:100%;height:20px\" class=\"wp-block-rbc-rbc-iframe mar-b-hlf mob-mar-b-qtr\"><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https:\/\/api.soundcloud.com\/tracks\/1458464347&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n\n\n\n<div class=\"wp-block-group rbctl-podcast-pattern-listen-on-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f4f8f9;padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:10px\">\n<p class=\"wp-block-paragraph\"><strong>\u00c0 \u00e9couter sur&nbsp;:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/the-10-minute-take\/id1508242158\" class=\"rbc-link-format\">Apple Podcasts<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/7fF7HUWbzFSlcp3rBoHo71?si=nF4Mw78nQxeIHY13Lm7SfQ\" class=\"rbc-link-format\">Spotify<\/a> ou <a href=\"https:\/\/soundcloud.com\/rbc-thought-leadership\" class=\"rbc-link-format\">Sound Cloud<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide wide mar-b mob-mar-b\" style=\"margin-top:0;margin-bottom:0;background-color:#eeeeee;color:#eeeeee\" \/>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":135,"featured_media":3722,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"categories":[1],"tags":[],"rbc_econ_content_type":[],"class_list":["post-1318","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.5 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Balado\u00a0: Prenez 10\u00a0minutes - RBC Economique<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rbc.com\/fr\/economique\/prenez-10-minutes\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Balado\u00a0: Prenez 10\u00a0minutes\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rbc.com\/fr\/economique\/prenez-10-minutes\/\" \/>\n<meta property=\"og:site_name\" content=\"RBC Economique\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-14T17:53:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-01T19:38:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.rbc.com\/fr\/economique\/wp-content\/uploads\/sites\/24\/2026\/01\/podcast-UPDATED-3.png?quality=80\" \/>\n\t<meta property=\"og:image:width\" content=\"3067\" \/>\n\t<meta property=\"og:image:height\" content=\"1850\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"aborges\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" 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