Scotiabank said in its Global Outlook and Forecast Tables released Jan. 15 that forecasting risks have intensified, even as recent U.S. economic data have modestly improved the near-term growth outlook for both the U.S. and Canada. In a note authored by Scotiabank Senior VP and Chief Economist Jean-François Perrault, the bank said geopolitical tensions, trade […]
CIBC Capital Markets says Canada is unlikely to “run out of room” for non-inflationary growth before year-end, pushing back against market pricing that still implies a possible rate hike in 2026. In a Jan. 15 Economic Insights report, economists Andrew Grantham and colleagues argue that broader measures of labour market slack suggest materially more capacity […]
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