Canadian inflation continues to ease, offering a glimmer of relief for consumers and policymakers alike. CPI well within the Bank of Canada’s target band The latest data from Statistics Canada revealed that its consumer price index was unchanged (seasonally adjusted) in September, following a 0.1% advance in August. The monthly slowdown allowed inflation’s annual growth […]
Bank of Canada cuts first Market participants look for more The Bank of Canada announced that it was lowering administered interest rates by 25 basis points (a basis point is 1/100th of one per cent) at the conclusion of its June 5 monetary policy meeting. As can be seen in the accompanying chart, the Bank […]
By Alfred Lam, CFA, Senior Vice-President, and Co-Head of Multi Asset, CI Global Asset Management. The Tip of the AI Iceberg If you wake up tomorrow morning believing the world is about the same as today, you are probably missing something. We are seeing dramatic changes led by technological advancements, and the latest is artificial […]
