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:
The Bank of Canada is on hold. Your borrowing costs may not be.
The Bank of Canada's July decision confirmed a new reality for borrowers: the policy rate may be stable, but broader financing conditions are not. The Bank held its policy rate at 2.25%, but bond yields, risk premiums and credit conditions continue to shift. The result? A stable policy rate does not necessarily translate into stable borrowing costs. So, what does this mean for your investment and financing decisions? Read more
Archives
- 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 2025—Tariffs: Current and future impacts on the Canadian economy
- September 2025—Canada’s labour market hits a speed bump
- July 2025—Should we worry about the One Big Beautiful Bill?
- June 2025—Where are interest rates headed?