MARKET UPDATES

Canadian Employment (July 2026)

Canadian employment expanded significantly from the previous month, with the economy gaining 75,000 jobs (+0.4 per cent) to 21.215 million in July. The employment rate rose 0.1 points to 60.9 per cent, while the unemployment rate fell 0.1 points to 6.4 per cent. Average hourly wages rose 2.8 per cen

BC Monthly Real GDP Estimate for May 2026 & Preliminary Estimate for June 2026

The BCREA Nowcast estimate for provincial economic growth, measured as year-over-year growth in real GDP, indicated a 1.9 per cent increase in May 2026. By comparison, the Canadian economy saw a year-over-year growth of 1.7 per cent in May. Our preliminary estimate for June suggests that year-over-y

Canadian Retail Sales (May 2026)

Canadian retail sales increased by 1.0 per cent to $73.7 billion in May compared to the previous month. Retail sales were 5.9 per cent higher compared to the same time last year. Moreover, core retail sales, which exclude gasoline and automobile items, increased by 0.9 per cent in May. In volume ter