Logo - Business Development Bank of Canada - BDC

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 the country's inflation rate holding below 3%, the Bank of Canada lowered its key interest rate earlier this month by 25 basis points. Most observers saw this as a sign the bank’s post-pandemic fight against inflation is drawing to a close. However, are a series of rate cuts now a certainty? Can we expect rates to fall as quickly as they rose? In short, how will interest rates evolve over the coming months? Read more

Subscribe to our publications

Subscribe to receive, via email, business advice, articles and tools as well as information about our solutions and events. You can withdraw your consent at any time.


  • May 2024The job market is rebalancing—what will be the impact for companies?
  • April 2024Housing market: Is the roller-coaster ride finally over?
  • March 2024What impact will lower interest rates in Canada and the U.S. have on the dollar?
  • February 2024What do Canadian consumers have in store for entrepreneurs in 2024?
  • January 2024You have questions... we have answers!
  • December 20232024: The economy slips into neutral
  • November 2023Where are interest rates headed?
  • October 2023Let's talk recession!
  • September 20233 ways Canada’s population boom is impacting the economy and your business
  • July 2023Will a new round of interest rate hikes trigger a recession?
  • June 2023Will businesses finally get a break from labour shortages and rising wages?
  • May 2023Has the Canadian housing market hit bottom?
Your privacy

BDC uses cookies to improve your experience on its website and for advertising purposes, to offer you products or services that are relevant to you. By clicking ῝I understand῎ or by continuing to browse this site, you consent to their use.

To find out more, consult our Policy on confidentiality.