Jan 28, 2026 | Notes from the Desk
As expected, the BoC held the overnight rate at 2.25%. The accompanying statement and press conference were a whole lot of, ‘we’re not moving rates anytime soon’. Notables. Governor Macklem’s press conference was a masterclass in saying a lot while saying nothing....Jan 14, 2026 | Monthly Commentaries
‘An optimist stays up until midnight to see the new year in. A pessimist stays up to make sure the old year leaves.’ Bill Vaughn With the passing of another year, so begin the annual new year traditions and rituals. For many, flipping the calendar marks a fresh...Dec 15, 2025 | Monthly Commentaries
‘We make a living by what we get, but we make a life by what we give.’ Wiston Churchill In the spirit of the holiday season, we interrupt your regularly scheduled programming to shed light on an important issue and the focus of our charitable giving. As a firm,...Aug 1, 2025 | Notes from the Desk
Today’s report calls into question Chairman Powell’s view that the labour market is in balance. The Numbers. 73k jobs created vs 104k expected The previous two months’ payrolls were revised lower by 258k vs an expected 16k increase This brings the...Jul 31, 2025 | Notes from the Desk
As expected, the BoC held rates steady at 2.75%. Today’s decision was accompanied by an updated Monetary Policy Report (MPR), in which the Bank provided economic forecasts based on three trade scenarios: current tariffs, de-escalation, and escalation. The noteables....
