This week

The Bank of Canada lowered its policy rate by 25 basis points on March 12th, bringing it down to 2.75%.


Employment and the unemployment rate were flat in Canada in February, marking an end (or a pause) to the momentum that was evident in Q4 2024.


While Canada sends 76% of its goods exports to the US, BC ships only 53% of its merchandise exports south. For BC, this could be a silver lining in the ongoing trade war with the United States.

the rennie outlook 2025

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trade tiffs & housing riffs: wonking out with Brendon Ogmundson
2025-03-24 • Episode73

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The uncertainty associated with Canada's ongoing trade scuffle with the United States is weighing down housing demand.

Ryan Berlin

Head Economist and VP of Intelligence

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