Prices are Rising Everywhere–Transitory Can Last A Long Time

General Bob Rees 20 Oct

We can all relate to the recent rise in inflation …. it seems like s jug of milk and a loaf of bread coast $30 these days.  Below explains …..     Prices are Rising Everywhere–Transitory Can Last A Long Time Today’s release of the September Consumer Price Index (CPI) for Canada showed year-over-year (y/y) inflation […]

Read More

Canadian Home Prices Continued to Rise As Insufficient Supply Creates Excess Demand

General Bob Rees 15 Oct

Thank you for the great summary Dr Cooper!       Canadian Home Prices Continued to Rise As Insufficient Supply Creates Excess Demand Today the Canadian Real Estate Association (CREA) released statistics showing national existing-home sales rose 0.9% between August and September 2021, posting the first monthly gain since March (see chart below). On a year-over-year (y-o-y) […]

Read More

Blockbuster September Jobs Report–Further Fuel For Rising Interest Rates

General Bob Rees 8 Oct

We have seen an increase to fixed rates this week, per below, these may continue!   Blockbuster September Jobs Report–Further Fuel For Rising Interest Rates Statistics Canada released the September Labour Force Survey this morning, providing some unmitigated good news on the jobs front.Employment rose by 157,000 (+0.8%) in September, the fourth consecutive monthly increase. The unemployment rate fell […]

Read More

Bank of Canada 2022 Schedule

General Bob Rees 14 Sep

Hot Off the Press! The Bank of Canada has released their 2022 announcement schedule, which you will find below!   Interest Rate Announcements / Monetary Policy Reports The scheduled dates for the interest rate announcements for 2022 are as follows: Wednesday, January 26* Monetary Report Published Wednesday, March 2 Wednesday, April 13* Monetary Report Published Wednesday, […]

Read More

August Employment Report Showed Continuing Recovery

General Bob Rees 10 Sep

Thank you Dr Cooper, this is certainly enlightening!   August Employment Report Showed Continuing Recovery This morning, Statistics Canada provided us with some much-needed good news on the economic front following last week’s surprisingly dismal Q2 GDP report. Canada’s labour market continued its recovery in August, especially in the hardest-hit food services and accommodation sectors. […]

Read More

Bank of Canada Responds To Weak Q2 Economy–Holding Policy Steady

General Bob Rees 8 Sep

Prime rate predicted to increase back half of 2022.  Thank you for the the below Dr Cooper.   Bank of Canada Responds To Weak Q2 Economy–Holding Policy Steady As we await the quarterly economic forecast in next month’s Monetary Policy Report, the Bank of Canada acknowledged that the Q2 GDP report, released last week, caught […]

Read More

Housing Dampened Economy in Q2

General Bob Rees 31 Aug

“……. and forward guidance will continue to suggest no rate hikes until the second half of next year. ”  Thank you for the analysis Dr Cooper   Housing Dampened Economy in Q2 This morning’s Stats Canada release showed that the economy unexpectedly contracted in the second quarter by 1.1%, down from the revised 5.5% gain […]

Read More

Annual Inflation Hits 3.7% in Canada–A New Election Issue

General Bob Rees 18 Aug

Annual Inflation Hits 3.7% in Canada–A New Election Issue This morning’s Stats Canada release showed that the July CPI surged to a 3.7% year-over-year pace, well above the 3.1% pace recorded in June. This is now the fourth consecutive month in which inflation is above the1% to 3% target band of the Bank of Canada. […]

Read More
12345…10…Last »