Mar 12, 2025 | Notes de l'équipe
Dans un contexte d’« incertitude omniprésente », la Banque du Canada (BdC) a réduit le taux directeur de 25 points de base à 2,75 %, nous amenant au point médian de leur fourchette estimée pour le taux neutre (2,25 % – 3,25 %). La decision. Les données...Mar 12, 2025 | Notes from the Desk
Amid ‘pervasive uncertainty’, the Bank of Canada (BoC) cut the overnight rate 25 bps to 2.75%, taking us to the midpoint of their estimated range for the neutral rate (2.25% – 3.25%). The Decision. Recent economic data (i.e., Q4 GDP 2.6%) would have suggested a...Mar 10, 2025 | Monthly Commentaries
‘I live my life a quarter mile at a time.’ Dominic Toretto It seems the Trump administration has taken a page out of one of Hollywood’s most successful franchises, The Fast & The Furious. The policy blitz since inauguration has been as frantic and dizzying as the...Mar 7, 2025 | Notes from the Desk
Investors and traders are likely relieved that today’s employment data didn’t add to the market confusion. The Numbers. Canada 1.1k jobs created (20k expected) Unemployment rate 6.6% (6.7% expected) YoY hourly wage growth 4% (3.7% expected) US 151k jobs created (160k...Feb 12, 2025 | Monthly Commentaries
“Birthdays are nature’s way of telling you to eat more cake.” Last week, we celebrated our firm’s 10th birthday. It is hard to believe it has been a decade since we launched the Algonquin Debt Strategies Fund with a whopping $3mm under management. When we look...
