Articles for tag: Bank of Canada, Statistics Canada

November 11, 2025

Bay St Signal Editors

Stronger October Jobs Tilt Odds For BoC Hold

Canada’s labour market delivered another upside surprise in October, adding 67,000 jobs and nudging the unemployment rate down to 6.9 percent. “Employment increased by 67,000 in October,” Statistics Canada reported on Nov. 7, noting the second straight monthly gain. The increase was driven by part‑time work and concentrated in the private sector, while the employment rate rose to 60.8 percent. The print lands between policy meetings and will shape expectations into Dec. 10, when the Bank of Canada next sets the overnight rate, the central bank’s policy interest rate. The backdrop is a 25 basis point cut on Oct. 29

November 4, 2025

Bay St Signal Editors

Households Anxious As Mid-Sized Bank Risks Rise

Fresh polling and new credit analysis point to a financial picture that still feels tight for Canadian households, even after the recent Bank of Canada rate cut of 2.25 percent. Anxiety is showing up in day‑to‑day budgets, with a national survey by United Way Centraide finding that 55 percent feel anxious about their personal finances and 42 percent could cover less than one month of expenses if their main income disappeared. Markets will read that as pressure on discretionary spending and on credit performance at the margin. The question now is how quickly rate relief flows through to monthly payments

October 29, 2025

Bay St Signal Editors

Bank of Canada Cuts Rate to 2.25 Per Cent

The Bank of Canada cut its policy rate 25 basis points to 2.25 per cent and all but said the cutting is done for now. That gives variable borrowers a small break, but it leaves exporters and factory towns taking the real hit from U.S. tariffs. The bank’s line is clear, keep inflation near 2 per cent, do not chase growth that Washington just took away. That puts households on a slow leak, not a rescue. The real move is a credibility hold. The bank says the current rate is “about the right level” if the outlook holds. That is

October 22, 2025

Bay St Signal Editors

Food Prices Corner The Bank Of Canada

September’s CPI pop pins the Bank of Canada to small, slow cuts. Grocery inflation, not gas, is steering the wheel. Statistics Canada reported headline CPI at 2.4 per cent in September and groceries up 4.0 per cent, with gasoline’s drag fading, on October 21, 2025. Consumer Price Index, September 2025. Trace The Price Drivers The mix matters more than the print. Gasoline fell 4.1 per cent year over year, far less than August’s 12.7 per cent, so base effects lifted the headline. Groceries did the real work, driven by fresh vegetables flipping positive and sugar and confectionery accelerating. In its

October 21, 2025

Bay St Signal Editors

Tariffs Blunt Cuts, BoC Surveys Flag Weak Investment

A rate cut on October 29 looks baked in after the Bank’s fresh surveys show sentiment stuck in low gear and inflation expectations contained. Tariffs are clogging the channels, so cheaper money will not unlock capex or hiring while trade rules stay volatile. The Business Outlook Survey published October 20 confirms outlooks remain subdued, investment plans focus on maintenance, and price‑setting power is limited.  Read The Fresh Signals Start with the field dates. BOS interviews ran August 7 to September 3, mostly before Ottawa removed some counter‑tariffs, and CSCE interviews ran July 31 to August 21. That timing means little

October 9, 2025

Signal Editorial

gold value increase

Canada’s Gold Miners Climb as Bullion Tests Four Thousand an Ounce

Gold is doing the heavy lifting today. With spot and December futures clearing fresh records above three thousand nine hundred, and the latter settling at 3,976.30 U.S. dollars an ounce, the tape finally rewarded Toronto’s producers that have lagged the metal at times this year. The move looks broad rather than quirky, and, as rates expectations and safe haven flows coalesce, scenario analysis suggests the bid could persist provided real yields stay subdued and the U.S. dollar remains range bound for more than a few sessions. “Some of the funds might be trying to push it up,” said Edward Meir,

July 17, 2025

Signal Editorial

Business Outlook Survey Shows Deep Concerns Over Canada’s Economic Stability

The latest results from the Bank of Canada’s Business Outlook Survey and Business Leaders’ Pulse show that confidence in the Canadian economy remains fragile, with many firms bracing for slower growth and tighter conditions. Inflationary pressures may be easing, but concerns about demand, trade uncertainty, and financing costs continue to weigh heavily on business sentiment. These surveys reveal that a significant share of companies now plan with the expectation of an economic downturn, reflecting cautious investment and hiring strategies. At the same time, optimism about long-term prospects has not disappeared, creating a mixed picture of hesitation in the short term and