There has been considerable confusion regarding the economic cycle in Canada. Many people anticipated that during the rate hike cycle, economic growth and activity in Canada would slow significantly. Several factors were pointed to as potential indicators of this negative outlook, including interest rate hikes, nominal consumption, and GDP per capita. However, these metrics have not provided a clear picture of where we stand in the Canadian economic cycle. Given the current dynamics, I would like to revisit the data and discuss the current outlook and my perspective on where things are headed.
Oh Canada???
Oh Canada???
Oh Canada???
There has been considerable confusion regarding the economic cycle in Canada. Many people anticipated that during the rate hike cycle, economic growth and activity in Canada would slow significantly. Several factors were pointed to as potential indicators of this negative outlook, including interest rate hikes, nominal consumption, and GDP per capita. However, these metrics have not provided a clear picture of where we stand in the Canadian economic cycle. Given the current dynamics, I would like to revisit the data and discuss the current outlook and my perspective on where things are headed.