The Competitive Landscape in Banking: Insights from Canada and the U.S.

Canadian banks demonstrate higher operational efficiency but operate on a smaller scale than U.S. banks. U.S. banks excel in scale and diversity but face greater variability in operational efficiency.

Grocers, Costs, and Profits: Unraveling Canada's Food Price Inflation Post-COVID

Canada’s grocery sector is under scrutiny as food prices continue to rise. But what’s driving this inflation? Is it purely a matter of rising input costs, or are grocers expanding their margins, taking advantage of inflation?

U.S. Economic Outlook: Resilience Amid Disinflation and Rising Unemployment

The U.S. economy in 2024 continues to display resilience despite slowing growth and softening labor market conditions. Inflationary pressures are easing, while higher interest rates continue to shape consumer and investment behavior.

Canada’s Economic Outlook: April 2024 Update

The Canadian economy continues to face moderate growth, declining inflation, and rising unemployment in 2024. While consumer and residential spending show signs of stabilization, sluggish business investment and higher interest rates are tempering the recovery.

Canada’s Economic Outlook: Fragile Growth, Rising Risks, and Structural Weaknesses

Canada’s economy is set to close out 2024 on a weak footing, marked by slowing growth, rising unemployment, and structural inefficiencies. Looking ahead into 2025, persistent challenges will test Canada’s resilience.

Canada’s Housing Price Surge: A Demand-Driven Crisis

Over the past several years, housing prices in Canada have surged to unprecedented levels, with a significant acceleration over the last five years.  Demand-side pressures, particularly driven by rapid population growth, have played the dominant role in this price surge.

Canada’s Economic Outlook: August 2024 Update

The Canadian economy continues to face subdued growth, declining per capita output, and easing inflation as the labor market softens. Despite stabilization in housing starts and investment, challenges remain due to higher unemployment and slowing consumer spending.

Slow Growth Amid Easing Inflation

The U.S. economy is forecast to experience slowing growth and easing inflation in 2024, shaped by tighter monetary policy and a cautious rebound in consumer spending and investment.

Canada’s Federal Public Service: Growing Resources, Declining Effectiveness

Between 2015 and 2023, the Federal Public Service experienced explosive growth, expanding by more than 39%. In contrast, Canada’s population grew by only 9% during this period. Why hasn’t this larger workforce translated into better service delivery?

Are Canadian Pilots Underpaid? A Global Comparison of Salaries and Profit Margins

Despite Canada’s strong airline profitability, Canadian pilots earn significantly less than their U.S. counterparts, and only slightly more than Australian pilots.

U.S. Economic Forecast Update: April 2024

The U.S. economy in 2024 is projected to grow modestly, with cooling inflation and moderate spending against the backdrop of a stabilizing labor market and elevated interest rates.

Challenges Persist Amid Disinflation and Rising Unemployment

Canada’s economy in 2024 faces sluggish growth, with rising unemployment and easing inflation. The housing market shows signs of stabilization, but business investment remains weak amid cautious consumer spending and tighter monetary policy.