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Latest Research
The Hidden Food Inflation Risk from the Strait of Hormuz Disruption
The Strait of Hormuz disruption is more than an energy shock. The closure has blocked roughly one-third of the global seaborne fertilizer trade with nitrogen and phosphate supply the most exposed.
May 11, 2026
Trending
Canadian Employment (April 2026)
Canada’s economy lost 18k jobs in April (-0.1% m/m), undershooting consensus expectations for a 10k gain. Employment is now virtually unchanged following February’s sharp decline. Full-time employment fell by 47k, while the number of private-sector workers was essentially flat (-2.6k).
May 08, 2026
Latest Research
GTA Resale Condo Market Outlook: A Long Correction with Stabilization on the Horizon
We’re 4 years into the price correction in the resale GTA condo market, marking the longest downturn the region has faced since the late-80s to mid-90s slump. That period of weakness spanned about 7 years before prices began to turn around. Will this more recent episode match that duration? We think it will come close.
May 07, 2026
Updated Publications
2026 Spring Economic Update
After months of deficit figures coming in lighter than expected, the Spring Economic Update showed a deficit of $66.9 billion in fiscal 2025-26 versus the $78.3 billion expected in Budget 2025. Beyond the better-than-expected starting point, the remainder of the fiscal projection is virtually unchanged with total deficits through 2029-2030 totaling $243.4 billion, versus $242.3 billion in the Budget.
April 28, 2026
Updated Publications
Provincial Budget Season Wrap-Up
Provincial governments entered this budget season with less fiscal room, reflecting weaker budget balances, elevated debt, and a softer macro backdrop. As a result, budgets were generally cautious. Indeed, program spending increases were restrained and focused on core services. Policy measures tended to be pragmatic rather than ambitious, while capital spending remained a key feature—adding to already rising debt loads and future interest costs.
April 23, 2026
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Updated Publications
Updated Publications
Weekly Bottom Line
May 08, 2026
Updated Publications
2026 Newfoundland and Labrador Budget
April 29, 2026
Updated Publications
2026 Spring Economic Update
April 28, 2026
Updated Publications
Provincial Budget Season Wrap-Up
April 23, 2026
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Next
Updated Publications
Weekly Bottom Line
May 08, 2026
Updated Publications
2026 Newfoundland and Labrador Budget
April 29, 2026
Updated Publications
2026 Spring Economic Update
April 28, 2026
Updated Publications
Provincial Budget Season Wrap-Up
April 23, 2026
View more updated publications
Latest Research
Latest Research
The Hidden Food Inflation Risk from the Strait of Hormuz Disruption
May 11, 2026
Latest Research
GTA Resale Condo Market Outlook: A Long Correction with Stabilization on the Horizon
May 07, 2026
Latest Research
Dollars and Sense - Dire Straits: The Central Bank Calculus of the Iran Oil Shock
April 16, 2026
Economy
Canada: TD Credit & Debit Card Spending
March 25, 2026
Previous
Next
Latest Research
The Hidden Food Inflation Risk from the Strait of Hormuz Disruption
May 11, 2026
Latest Research
GTA Resale Condo Market Outlook: A Long Correction with Stabilization on the Horizon
May 07, 2026
Latest Research
Dollars and Sense - Dire Straits: The Central Bank Calculus of the Iran Oil Shock
April 16, 2026
Economy
Canada: TD Credit & Debit Card Spending
March 25, 2026
View more latest research
Commentaries
Trending
Canadian Employment (April 2026)
May 08, 2026
Economy
Canadian Merchandise Trade (March 2026)
May 05, 2026
Commentaries
Canadian Monthly GDP (February 2026)
April 30, 2026
Economy
Bank of Canada Interest Rate Announcement (April 29, 2026)
April 29, 2026
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Next
Trending
Canadian Employment (April 2026)
May 08, 2026
Economy
Canadian Merchandise Trade (March 2026)
May 05, 2026
Commentaries
Canadian Monthly GDP (February 2026)
April 30, 2026
Economy
Bank of Canada Interest Rate Announcement (April 29, 2026)
April 29, 2026
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