GDP

On Wednesday, the Bank of Canada announced its decision to reduce its key interest rate by half a percentage point to 3.75 per cent. It’s down from 4.25 per cent and the fourth rate cut this year. The inflation rate dropping to 1.6 per cent in September, due to excess supply decreasing inflation in goods […]

TD Bank’s Economic Forecast for Saskatchewan indicates the province’s real Gross Domestic Product (GDP) is projected to grow this year by 2.4 percent. That’s above their national level estimate but lower than the 5.5 percent growth Saskatchewan had last year, aided by rising commodity prices and demand as a result of Russia’s invasion of Ukraine, […]