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:

Tariffs are raising the stakes for Canadian businesses

Canada is facing another targeted tariff shock. The economy is proving more resilient than many expected, but businesses still face growing pressure on costs, cash flow, investment decisions and competitiveness. Here's what the latest tariffs mean for economic growth and your business. Read more

Canadian outlook

Provincial outlook

Other economic indicators

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Archives

  • July 2026—The Bank of Canada is on hold. Your borrowing costs may not be.
  • June 2026—Is Canada really in a recession?
  • May 2026—Canadian consumers: is the last pillar still standing?
  • April 2026—Are rising costs here to stay?
  • March 2026—Soaring oil prices: What do they mean for the Canadian economy and entrepreneurs?
  • February 2026—Gold volatility: What it says about the economy...and what it means for Canadian entrepreneurs
  • January 2026—A year that promises to be eventful
  • December 2025—The economy in 2026: Make or break time for Canada?
  • November 2025—The Canadian dollar is set to remain weak
  • October 2025Tariffs: Current and future impacts on the Canadian economy
  • September 2025—Canada’s labour market hits a speed bump
  • July 2025Should we worry about the One Big Beautiful Bill?