Independent Growth: Andreea Bourgeois on Canada’s 3.2 % GDP Surge

The trajectories of IRS and Euribor suggest a return to 'normality' with rates on variable installments that slip below those of fixed contracts. The...

Independent Growth: Andreea Bourgeois on Canada’s 3.2 % GDP Surge

Author(s): Scott Douglas Jacobsen Publication (Outlet/Website): Personal SubStack Publication Date (yyyy/mm/dd): 2025/02/22 Andreea Bourgeois, Director of Economics at the Canadian Federation of Independent Business (CFIB), discussed Canada’s projected Q1 2025 GDP growth rate of 3.2%, CFIB’s Business Barometer, and the importance of small business sentiment data. She emphasized historical trends, labour shortages, investment rebounds, and […]

Why Canada's Strong GDP Growth Hasn’t Impacted Our Mortgage Rates - Integrated Mortgage Planners

Last week Statistics Canada provided a final look at how our economy was evolving in the pre-Trump era. It confirmed that our GDP increased by 2.6% on an annualized basis in Q4 2024, well above the consensus forecast of 1.8%. It also revised its initial estimate for annualized GDP growth in Q3 from 1% up to 2.2%. The improvement in our economic momentum at the end of 2024 was broad-based. Increases in consumer spending, residential investment, a…