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- Fresh inflation , BoC survey data drop next week ahead of rate decision
Statistics Canada will publish September inflation data on Monday, the same day the Bank of Canada releases its quarterly surveys of businesses and consumers. RBC's Nathan Janzen expects the annual inflation rate to have held steady around 3%, mainly due to persistently high gasoline prices. He describes the Bank of Canada's Oct. 28 decision as a 'live' meeting where a rate hike is possible but not his base case, as the bank also weighs signs of softness in the labour market and wider economy. Janzen says the bank remains in a wait-and-see mode and is very data dependent.
- Bank of Canada set for pair of important data drops ahead of live rate decision
- Bank of Canada set for pair of important data drops ahead of live rate decision
- Alberta business survey finds separation debate trumps tariffs , inflation as top issue fuelling uncertainty
A survey of 630 Alberta business operators by the Alberta Chambers of Commerce found the separation debate is now the top source of uncertainty, cited by almost one in four, double the 12 per cent for Canada-U.S. trade, federal policies and inflation. Some 44 per cent say the discussion is already affecting their companies, double the summer 2025 level, and almost all describe the effect as negative. Among them, nearly eight in 10 report harder planning and forecasting, and half of all leaders surveyed are considering relocating or expanding outside the province. Grande Prairie entrepreneur Shawna Miller said she has paused new hires and big expansions until there is more certainty. Ahead of the Oct. 19 referendum, 59 per cent said a vote to stay in Canada would be positive for their company, while 16 per cent said negative.
- Alberta business survey finds separation debate trumps tariffs , inflation as top issue fuelling uncertainty
An Alberta Chambers of Commerce survey of 630 business operators and executives, conducted Sept. 28 to Oct. 2, found nearly one in four see the Alberta referendum and separation debate as their biggest source of uncertainty, double the 12% citing Canada-U.S. trade, federal policy or inflation. Some 44% say the separation discussion is already affecting their company, double the summer 2025 level, with almost all describing the impact as negative. Among those affected, most cite greater uncertainty in planning and forecasting, and 61% are more worried about a recession. Across respondents, half are considering relocating or expanding outside the province, and 44% have delayed, scaled back or cancelled major investments or projects; 59% think a vote to stay in Canada in the Oct. 19 referendum would have a positive effect on their company, while 16% expect a negative one.
- Bank of Canada Inflation Forecast : Higher Outlook Ahead
Bank of Canada Governor Tiff Macklem said the central bank will raise its quarterly inflation forecast considerably this month. He attributed the revision to persistently high prices for crude oil and petroleum products, which are intensifying inflationary pressures. The new inflation and growth forecasts will be factored into the bank's interest-rate decision on October 28.
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