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Happy Monday Morning! We got more encouraging news on the inflation front. Consumer prices in Canada fell on a seasonally adjusted basis, dropping -0.1% month over month, the first drop since July 2020. Yes, annual inflation still looks very high at 6.3%, but that only tells us…
Steve Saretsky
1
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Happy Monday Morning! Canadian inflation data drops this week on Wednesday, January 17th. This will be an important headline given that the Bank of…
Steve Saretsky
Happy Monday Morning! Back to our regularly scheduled programming after a few weeks off during the holidays. Last year was an eventful year across the…
Steve Saretsky
5
Happy Monday Morning! Bank of Canada Governor, Tiff Macklem, delivered some final comments this week at a keynote speech in BC. He didn’t mince words…
Steve Saretsky
1
Happy Monday Morning! To no surprise, the Bank of Canada raised rates again this past week. Another 50bps. Interest rates are now up a whopping 400bps…
Steve Saretsky
2
Happy Monday Morning! Lots to unpack this week so let’s dive in. Sales figures for the month of November are making for more negative headlines, as they…
Steve Saretsky
5
Happy Monday Morning! Last week we highlighted some recent data from Desjardins which noted that nearly every borrower who took out a fixed payment…
Steve Saretsky
4
Happy Monday Morning! No bottom yet. Data published by CREA last week showed national house prices slid lower in the month of October, dropping 1.2…
Steve Saretsky
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