Latest news in Research and Markets

Car lot

Americans turn cautious and retail sales slide after spring spending surge

Auto sales saw the sharpest decline, followed by spending at home and garden centres

International trade

Trade with China booming amid U.S. tariff war: Port of Montreal

Shipments to China rose 22% in the first half of 2025

Older person signing a contract

Succession planning: Complete sales vs. partial sales 

Key considerations to put together a plan that works for you

home sale

May home sales down 4.3% from year ago, but activity up month-over-month

Pickup from April may signal start of turnaround in housing: CREA economist

China flag

Retail sales rise in China as tariffs drag on factories

Promotions boosted May retail sales, but exports and housing slumped

Housing start

CMHC says annual pace of housing starts in May down 0.2% from April

Urban starts held steady at just under 260,000

Chopped dollar

Trump’s bill is big, not so beautiful: Desjardins

Bill boosts debt, hurts poor households to cut taxes for the rich

Retail sales

U.S. consumer sentiment rises for first time this year as inflation remains tame

Trade war anxieties ease, but sentiment is still down 20% from late 2024

Canadian flag

PSP Investments earns 12.6% return, tops reference portfolio

Infrastructure, equities and credit investments boost PSP performance

Steel worker on CNC plasma cutter machine

Manufacturing sales in April see biggest monthly drop since 2023

Half of manufacturers polled said they were affected by tariffs in April

Inflation, growth of food sales, growth of market basket or consumer price index concept. Shopping basket with foods on arrow.

U.S. producer prices rise modest 2.6% in May

Inflation remains mild, with little impact from tariffs so far

Canadian economy

Canada could gain as global investors rethink U.S. emphasis: BNP economist

The chief economist at one of Europe’s largest banks reflects on how U.S. volatility is shaping investors' approaches

Empty chairs

The number of Americans filing for jobless claims remains high

U.S. filings for jobless benefits were unchanged last week, remaining at the higher end of recent ranges

Stock market down

Corporate outlook for North America downgraded: Fitch

Deteriorating economic outlook weighing on credit conditions for North American companies

online investing

Alt managers’ retail push promises growth, risk

New frontier for alt funds has potentially systemic implications

Hands counts money on American flag background

Inflation rose slightly last month as grocery prices ticked higher

Consumer prices rose 2.4% last month, relative to a year ago, up from a 2.3% yearly increase in April

Oil barrels

OPEC secretary-general takes aim at net-zero targets ‘detached from reality’

Rising primary energy demand will require US$17.4 trillion in oil investment by 2050: OPEC

Trump at the White House

Trump’s tax bill could raise taxes on foreign companies, hurting investment from abroad

Trade group estimates the measure could cost the country US$55B annually over 10 years in lost GDP

Global sovereign outlook downgraded: Fitch

Negative shock of tariffs, policy uncertainty heightens risk to government finances

St John's Harbour in Newfoundland Canada from Signal Hill

Number of Canadians returning from U.S. trips down again in May

Return trips by air fell 24% compared with last May, while return trips by auto plunged 38%

Using a cell phone for finance

World Bank cuts global growth forecast to 2.3% amid trade wars

Global economy has missed its chance for a soft landing, bank says

Mortgage signing

GST relief on new homes could save 1st-time buyers up to $240 on mortgages: report

Economists warn it may fuel demand without fixing Canada’s supply crunch

CIBC sign on the north wall building

Cross-border monetary policy to diverge: CIBC

Bank of Canada to resume cuts next month, Fed sidelined until Q4

Apartment building

Average asking rents fall annually for eighth straight month: report

New supply, slower population growth and economic uncertainty ease pressure on the market