In a March 31 report, RBC economist Abbey Xu said the Canadian economy started 2026 on firmer footing than expected, with real GDP rising 0.1% in January after a 0.2% gain in December. Xu said the increase was modest but still came in above both Statistics Canada’s advance estimate and RBC’s own expectation for flat […]
Inflation is easing, RBC saysClaire Fan says Canadian inflation pressures continued to ease in February, though rising oil prices and supply disruptions in some food categories could push price growth higher in the near term. In a March 16 report, the Royal Bank of Canada economist said headline inflation slowed to 1.8% year-over-year, but noted that comparisons remain distorted […]