Monthly Economic Letter

Your monthly source of news on economic issues

Here you'll find concise data and clear analysis prepared by our team of economists, including interest rates, economic growth, business credit conditions, and more.

In the current issue:

With fierce competition for workers in this country and unemployment at an all-time low, it's no surprise wages are rising fast. In addition to putting pressure on business costs, this trend could help provoke an inflationary spiral. Let's look at wages and the factors that will influence them in the coming months. Read more


  • July 2022Rising interest rates: When will it end?
  • June 2022A real estate crash on the horizon?
  • May 2022The economy looks healthy. Why all the talk about a recession?
  • April 2022Is the economy headed toward 1970s-style stagflation?
  • March 2022How the war in Ukraine will affect Canada’s economy
  • February 2022After an inflationary surge, will commodity prices stabilize in 2022?
  • January 2022What to watch for in 2022?
  • December 2021Can households sustain Canada’s economic recovery?
  • November 2021Buckle up for the rocky path to energy transition
  • October 2021Get ready for more pressure to raise wages
  • September 2021What to expect from the fourth COVID wave
  • July 2021How close is the Bank of Canada to raising interest rates?