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Updated Publications
Provincial Economic Forecast
We’ve slashed our real GDP growth forecasts for this year from coast-to-coast, reflecting the impact of the Canada-U.S. trade war. Solid Q1 activity across regions will buffer annual averages, but we foresee a mild recession unfolding for Canada in the middle-part of this year.
March 19, 2025
Updated Publications
Canadian Quarterly Economic Forecast
Once again, policy shifts from the Trump administration are the main forecast theme this quarter, underpinning a downgrade to the global outlook. There is no way of knowing with certainty what tomorrow will bring in this on-again, off-again policy environment, forcing us to lay out a balanced set of assumptions to underpin this forecast cycle.
March 18, 2025
Economy
TD Credit and Debit Card Spend Report: Consumers Temper Optimism as Trade Tensions Escalate
TD debit and credit card spending data signal a slowdown, as consumers temper their end-of-2024 optimism amid escalating trade tensions. Both goods and services spending weakened in early 2025, with no meaningful signs of resilience in key categories.
March 17, 2025
Economy
Vancouver’s Housing Foundation is Firmer than Toronto’s
Much ink has been spilled about the weak state of the GTA’s housing market, particularly its condo sector. Indeed, GTA condo prices are falling, while price trends remain soft for other structure types. In contrast, the GVA market has held up much better in the face of the Bank of Canada’s 2022/23 interest rate hiking campaign.
March 06, 2025
Future Ready Economy
Cradle to grave: Lifecycle emissions of electric versus gasoline vehicles in Canada
Battery electric vehicles have significantly lower lifecycle emissions than gasoline vehicles. While electric vehicles start off with a higher carbon footprint due to emissions associated with battery production, fuel-related emissions of gasoline vehicles are far greater and drive the emissions gap between the two vehicle types.
March 04, 2025
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Updated Publications
Updated Publications
2025 Manitoba Budget
March 21, 2025
Updated Publications
Long-Term Forecast
March 21, 2025
Updated Publications
Weekly Bottom Line
March 21, 2025
Updated Publications
2025 Saskatchewan Budget
March 20, 2025
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Updated Publications
2025 Manitoba Budget
March 21, 2025
Updated Publications
Long-Term Forecast
March 21, 2025
Updated Publications
Weekly Bottom Line
March 21, 2025
Updated Publications
2025 Saskatchewan Budget
March 20, 2025
View more updated publications
Latest Research
Economy
TD Credit and Debit Card Spend Report: Consumers Temper Optimism as Trade Tensions Escalate
March 17, 2025
Economy
Vancouver’s Housing Foundation is Firmer than Toronto’s
March 06, 2025
Media
WATCH: Derek Burleton discuss what tariffs and trade uncertainty could mean for Canada's economy on MoneyTalk
March 06, 2025
Future Ready Economy
Cradle to grave: Lifecycle emissions of electric versus gasoline vehicles in Canada
March 04, 2025
Previous
Next
Economy
TD Credit and Debit Card Spend Report: Consumers Temper Optimism as Trade Tensions Escalate
March 17, 2025
Economy
Vancouver’s Housing Foundation is Firmer than Toronto’s
March 06, 2025
Media
WATCH: Derek Burleton discuss what tariffs and trade uncertainty could mean for Canada's economy on MoneyTalk
March 06, 2025
Future Ready Economy
Cradle to grave: Lifecycle emissions of electric versus gasoline vehicles in Canada
March 04, 2025
View more latest research
Commentaries
Consumer
Canadian Retail Sales (January 2025)
March 21, 2025
Commentaries
Canadian Consumer Price Index (February 2025)
March 18, 2025
Real Estate
Canadian Existing Home Sales (February 2025)
March 17, 2025
Real Estate
Canadian Housing Starts (February 2025)
March 17, 2025
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Next
Consumer
Canadian Retail Sales (January 2025)
March 21, 2025
Commentaries
Canadian Consumer Price Index (February 2025)
March 18, 2025
Real Estate
Canadian Existing Home Sales (February 2025)
March 17, 2025
Real Estate
Canadian Housing Starts (February 2025)
March 17, 2025
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