BDL in the News

Our team provides insights and commentary on the Canadian economy that are sought after by national and local media outlets. Browse our media appearances and press releases to learn more about our work and our impact.

Showing 6 out of 58
news

Feb 26, 2024

Canada Retail Sales Rise 0.9% in December But Fall in January

Chamber senior economist Andrew DiCapua said consumers are clearly pulling back spending and higher rates are increasingly putting pressure on household finances.
news

Feb 20, 2024

Global News: Inflation fell sharply last month. Will we see spring rate cuts?

The annual rate of inflation across the country eased half a percentage point in January, an unexpected drop that could mark a “pleasant surprise” for consumers and the Bank of Canada alike.
news

Jan 26, 2024

Bloomberg: Bank of Canada Holds Key Interest Rate at 5%, Signals It’s Done Hiking

“It’s a new year with the same challenges. One thing is clear though, interest rates and inflation will be coming down in 2024,” Andrew DiCapua, senior economist at the Canadian Chamber of Commerce, said by email.
news

Jan 24, 2024

Global News: ‘Unsettling news’ What inflation’s uptick means for the Bank of Canada

Andrew DiCapua, senior economist at the Canadian Chamber of Commerce, tells Global News that the central bank will have a tough job trying to avoid tilting the economy into a recession while ensuring it tamps inflation all the way back down to two per cent – the coveted “soft landing” scenario.
news

Jan 16, 2024

Global News: Business Matters: Gas prices drive inflation higher in December

Canada’s annual inflation rate rose to 3.4 per cent in December from 3.1 per cent in November, dashing many hopes that the central bank might cut its benchmark interest rate early this year.
news

Jan 04, 2024

Ottawa Business Journal: Ottawa businesses feeling upbeat about next year, but that could change quickly, chamber says

According to the chamber’s Canadian Survey on Business Conditions, which polls more than 16,000 businesses and releases the results quarterly, business optimism for next year is declining nationally.

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