Policy shift to stoke inflation, hurt growth, intensify uncertainty
Real per capita income declined alongside per capita GDP in Canada
Labour demand to drive stronger hiring not evident, NBF says
Longer-term challenge of aging population gets tougher as policy shifts
With inflation dropping quickly and growth weak, monetary easing set to accelerate
Payrolls rebound, and vacancies drop
Household savings down 61% from peak in 2021, savings ratios approaching record lows
Job vacancies decline, driving up the ratio of unemployed workers to openings
Consumer spending stays weak, despite rising incomes
Fitch boosts U.S., world forecast for 2024, expects slowing in 2025