BMO, RBC: broad commodity price decline points to easing inflationary pressure
BIS has heightened concern about real estate, leveraged loan markets
After plunging during the pandemic, signs of financial distress are resurfacing
Drop in participation means unemployment unchanged from June
Canada was a G7 outlier, as rising wages bolstered household incomes
Goods surplus remains elevated as exports and imports rise
Tighter financial conditions to hit emerging markets in second half
StatsCan estimates 4.6% Q2 growth; manufacturing and construction saw the largest declines in May
Payroll employment dipped as job vacancies remain high
During economic downturns, the incomes of low earners were particularly hard hit and didn't recover, research finds