Economic Analysis

COVID-19 

This monitor provides daily updates on the evolution of COVID-19 in selected countries using data available as of 8:00am EDT. We also compare the transmission of COVID-19 with that of other pandemics and offer an update of our financial conditions index for Canada.

• Daily Monitor

The policy update, for its part, offers an overview of the monetary and fiscal measures implemented by central banks and governments around the world to mitigate the economic effects of the virus.

• Policy Update

Benchmark Reform Update

This monitor provides a comprehensive picture of the past, present and future issues surrounding the LIBOR transition and broader benchmark reform underway across international financial markets.

• Update

Canadian Economic News

Weekly Economic Watch

The Weekly Economic Watch offers a commentary on developments in the economic environment as depicted by economic indicators released during the week and on indicators to be published in the upcoming week. Trends in a wide range of international, national and provincial economic and financial indicators are also presented.

• Current issue

• Economic Tables

Monthly Monitors

Each month, the World economic outlook, in particular the North-American context, is reassessed. It also includes forecasts for the major economic and financial variables.

Monetary Policy Monitors

Hot Charts

• Canada: Strong positive wealth effect despite the pandemic
• Canada: The homeownership dream bolstered by the pandemic
• Canada: A widespread regional recovery for wages & salaries
• World : Global trade has fully recovered from the pandemic
• U.S.: Can the U.S. afford to wait until January for another round of stimulus?
• Canada: Will the real jobs data please stand up
• U.S.: Consumers feel the bite from lower income and rising caseloads
• U.S.: Labour market recovery hides worrying trends
• World: Pandemic is a boon to Chinese exports
• World: Expect higher prices for goods
• Canada: Fiscal response to COVID-19 tops G-20 countries

Special Reports

An analysis on a current economic or financial topic.

• (2020/07/24) Canadian Labour Market: Devils in the details
• (2020/06/29)  Is a second lockdown inevitable?
• (2020/06/01) Canada’s official reserves: Time for a review
• (2020/05/27) Is Canadian residential real estate teetering on the brink?
• How brain gain sustains the Canadian housing market
• Quebec should resist the temptation of procyclical budgeting
• Fixed Income: The ECB contemplates further monetary policy easing
• New NBF Financial Stress Index does not suggest BoC rate cut
• Presentation to the Canadian Economic Club – January 9, 2019
• Fixed Income: Stock-bond correlations: Are we at an inflection point?
• Strategy update: Trade war = slower earnings growth

Budgets and Financial Updates

Geopolitical Briefing

• What a unified Democrat government could accomplish
• Superpowers competing for control of minerals and supply chains to fuel the next industrial revolution
• The road ahead for the Biden administration
• U.S. election scenarios
• The potential impact of a surprise Trump victory
• Is the recent EU deal a game changer?
• The impact of a Biden victory
• U.S. tech is the big winner of the China-India border dispute
• Cracks are emerging in the global food supply chain
• COVID-19 continues to fracture the geopolitical landscape

Market View

• Toronto retailers feeling the pinch more than others
• Does the world need more Canada? Really depends who you ask
• Domestics liking the taste of Maple SSAs
• For provincial finance ministers, not quite déjà vu all over again
• Justin Trudeau: Coveting thy neighbor
• Catching some Z’s
• Provincial credit spreads too tight? [Or not tight enough!?]
• Canada’s 2020 fixed income trading awards go to…
• C$ bond issuance: Ready, set, fund!
• 2-Pack - Canada-U.S. labour market scorecard & regional-local recovery perspective
• Bond index cash: Best mark your calendar
• Provinces get by with a lot of help from the Feds