https://www.canstead.com/econ-insights/the-competitive-landscape-in-banking%3A-insights-from-canada-and-the-u.s. 2025-03-07 https://www.canstead.com/econ-insights/canada%E2%80%99s-economic-outlook%3A-fragile-growth%2C-rising-risks%2C-and-structural-weaknesses 2025-01-04 https://www.canstead.com/econ-insights/canada%E2%80%99s-housing-price-surge%3A-a-demand-driven-crisis 2024-12-09 https://www.canstead.com/econ-insights/u.s.-economic-outlook%3A-resilience-amid-disinflation-and-rising-unemployment 2024-11-28 https://www.canstead.com/econ-insights/u.s.-economic-forecast-update%3A-april-2024 2024-11-25 https://www.canstead.com/econ-insights/canada%E2%80%99s-economic-outlook%3A-august-2024-update 2024-11-28 https://www.canstead.com/econ-insights/canada%E2%80%99s-economic-outlook%3A-april-2024-update-the-canadian-economy-continues-to-face-moderate-growth%2C-declining-inflation%2C-and-rising-unemployment-in-2024.-while-consumer-and-residential-spending-show-signs-of-stabilization%2C-sluggish-business-investment-and-higher-interest-rates-are-tempering-the-recovery.--key-highlights-%E2%80%A2-real-gdp-growth%3A-o-annual-growth-is-projected-at-1.2%25-in-2024%2C-consistent-with-2023.-quarterly-growth-improves-to-1.9%25-in-q4-2024%2C-signaling-gradual-recovery.-o-growth-is-forecast-to-strengthen-to-2.0%25-in-2025%2C-driven-by-improving-consumer-activity-and-residential-investment.-%E2%80%A2-consumer-spending%3A-o-annual-spending-growth-rises-to-2.1%25-in-2024-(from-1.7%25-in-2023)%2C-though-quarterly-momentum-slows-to-0.9%25-in-q3-2024-before-recovering-to-2.1%25-by-q1-2025.-%E2%80%A2-business-investment%3A-o-after-a--0.8%25-decline-in-2023%2C-investment-contracts-further-to--2.7%25-in-2024%2C-reflecting-lingering-uncertainty.-o-a-recovery-is-forecast-for-2025%2C-with-growth-rebounding-to-2.6%25%2C-driven-by-better-financing-conditions.-%E2%80%A2-government-expenditure%3A-o-annual-growth-slows-to-1.5%25-in-2024%2C-down-from-1.6%25-in-2023%2C-before-accelerating-to-2.9%25-in-2025.-o-quarterly-spending-improves-steadily%2C-reaching-4.0%25-in-q1-2025-as-fiscal-policy-provides-support.-%E2%80%A2-housing-market%3A-o-residential-investment-stabilizes-with-annual-growth-of-1.8%25-in-2024%2C-after-a-steep--10.3%25-contraction-in-2023.-o-housing-starts-average-250%2C500-units-in-2024%2C-with-a-notable-increase-to-266%2C500-units-in-2025%2C-signaling-improved-construction-activity.-%E2%80%A2-labor-market%3A-o-unemployment-rises-to-an-annual-average-of-6.3%25-in-2024%2C-from-5.4%25-in-2023%2C-with-quarterly-rates-peaking-at-6.6%25-in-q4-2024.-o-the-labor-market-stabilizes-slightly-in-2025%2C-with-unemployment-averaging-6.2%25.-%E2%80%A2-inflation%3A-o-cpi%3A-headline-inflation-is-expected-to-slow-to-2.6%25-in-2024-(from-3.9%25-in-2023)-and-further-to-2.1%25-in-2025%2C-aligning-with-the-bank-of-canada%E2%80%99s-target.-o-core-inflation%3A-declines-to-2.5%25-in-2024-and-1.9%25-in-2025%2C-highlighting-disinflationary-progress.-%E2%80%A2-interest-rates%3A-o-the-bank-of-canada%E2%80%99s-overnight-rate-averages-4.38%25-in-2024%2C-down-from-4.89%25-in-2023%2C-with-further-declines-to-3.42%25-in-2025-as-inflationary-pressures-ease.-o-the-10-year-bond-yield-follows-a-similar-path%2C-averaging-3.20%25-in-2024-and-3.15%25-in-2025.-%E2%80%A2-exchange-rates%3A-o-the-canadian-dollar-stabilizes%2C-averaging-0.72-cad%2Fusd-in-2024-and-0.73-cad%2Fusd-in-2025%2C-reflecting-steady-market-conditions.--april-2024---trends-%E2%80%A2-growth-stagnation%3A-the-economy%E2%80%99s-modest-growth-highlights-persistent-challenges-from-higher-borrowing-costs-and-weak-business-sentiment.-%E2%80%A2-housing-stability%3A-recovery-in-residential-investment-and-housing-starts-offers-a-glimmer-of-hope-amid-broader-sluggishness.-%E2%80%A2-disinflation-progress%3A-falling-inflation-underscores-successful-monetary-tightening%2C-though-the-trade-off-is-evident-in-higher-unemployment.-%E2%80%A2-business-investment-concerns%3A-sustained-weakness-in-investment-reflects-structural-uncertainty%2C-delaying-stronger-economic-recovery.--conclusion-canada%E2%80%99s-economy-in-2024-remains-on-a-slow-recovery-trajectory%2C-constrained-by-rising-unemployment-and-muted-investment-activity.-however%2C-improving-inflation-and-housing-conditions-provide-a-foundation-for-stronger-growth-in-2025.-- 2024-11-25 https://www.canstead.com/econ-insights/canada%E2%80%99s-economic-outlook%3A-challenges-persist-amid-disinflation-and-rising-unemployment 2024-11-25 https://www.canstead.com/econ-insights/u.s.-economic-outlook-2024%3A-slow-growth-amid-easing-inflation 2024-11-25 https://www.canstead.com/econ-insights/canada%E2%80%99s-federal-public-service%3A-growing-resources%2C-declining-effectiveness 2025-02-23 https://www.canstead.com/econ-insights/this-is-a-title-02 2025-02-23 https://www.canstead.com/econ-insights/this-is-a-title-01 2025-02-23