Canadian retail sales growth picked up in November 2020, rising by 1.3% to $55.2 million. The acceleration in sales was particularly welcome as it came after two months of more modest gains. The pattern of retail spending in November suggested Canadians… Read More ›
Economy
E-sight January 20: Bank of Canada Sends a Clear Message while Inflation Decelerates
The Bank of Canada left its policy rate at 0.25% this morning and sent a clear message to markets that the overnight rate would stay at that level until its inflation objective is achieved. This comes after speculation in recent… Read More ›