Inflation eases amid falling gasoline prices

Inflation eases amid falling gasoline prices

INSIGHTS < Back to the Resource Gallery Inflation eases amid falling gasoline pricesREAL ECONOMY BLOG | August 16, 2022Authored by RSM CanadaAfter a year of consecutive increases, inflation has finally begun to ease, hitting 7.6% on a year-over-year in July amid...
Bank of Canada raises its policy rate by 1% to tame inflation

Bank of Canada raises its policy rate by 1% to tame inflation

INSIGHTS < Back to the Resource Gallery Bank of Canada raises its policy rate by 1% to tame inflationREAL ECONOMY BLOG | July 13, 2022Authored by RSM CanadaThe Bank of Canada announced a 100-basis-point rate hike on Wednesday, the largest increase since 1998, in an...
Canada’s economy cools but outlook remains positive

Canada’s economy cools but outlook remains positive

INSIGHTS < Back to the Resource Gallery Canada’s economy cools but outlook remains positiveREAL ECONOMY BLOG | May 31, 2022Authored by RSM CanadaCanada’s GDP grew 3.1% in the first quarter of 2022 as business investment and household consumption continued to boom...