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2 days ago · Canada's economy grew 0.2 per cent on a monthly basis in July, Statistics Canada said on Friday, more than analysts had expected. However, quarterly growth is still tracking well below the Bank of Canada's forecast, leaving the possibility of a jumbo-sized rate cut on the table. While July's gross domestic product (GDP) growth was more than the ...
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3 days ago · More. After two years of “subpar” economic activity, the Canadian economy will “hit its stride” in 2025, Deloitte Canada says in its latest economic forecast. An expected pickup in consumer spending and recovery in the housing market, combined with continued rate cuts from the Bank of Canada, has set the stage “for the economy to hit ...
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3 days ago · TD expects annual growth in sales to hit 5.4 per cent nationally at the end of 2024 and 16.6 per cent in 2025. In particular, it forecasts “powerful gains in Canadian sales and average home prices across Canada in the first half of 2025.”. The projections for home prices include considerable regional variation, with expected price growth ...
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