Canada Economics Weekly Bank of Canada's economic update overly optimistic The Bank of Canada's April Monetary Policy Report showed that it expects the global economy to grow at a steady pace over the next three years. Closer to home, it assumes growth in the US economy will... 18th April 2011 · 1 min read
Canada Economics Weekly Debate on corporate tax rates warms up The debate surrounding the merits of corporate tax cuts continued last week, with the Globe and Mail running a front page headline that claimed the reductions already put in place hadn't boosted... 11th April 2011 · 1 min read
Canada Economics Weekly Fiscal stresses mean no big election giveaways Campaigning for the Federal election on May 2nd got well underway last week, with most of the major parties unveiling new economic policy initiatives. The bottom line is that the focus is still on... 4th April 2011 · 1 min read
Canada Economics Weekly Consensus forecast for GDP growth is too high In our opinion, current consensus forecasts that real GDP growth will better 3% annualised over the first half of this year are too optimistic. Admittedly, the monthly GDP data present a fairly solid... 28th March 2011 · 1 min read
Canada Economics Weekly Underlying inflation will remain muted Although the past run-up in agricultural commodity prices will push food prices and headline CPI inflation somewhat higher later this year, we also predict that measures of underlying CPI inflation... 21st March 2011 · 1 min read