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 69

Jun 10, 2024

Financial Post: ‘Cause for concern’: Productivity continues its decline as Bank of Canada cuts interest rates

“Canada’s labour productivity statistics are truly cause for concern. Labour productivity has now fallen in 12 of the last 15 quarters coming out of the pandemic. The level of Canada’s labour productivity is now back to where it was in 2018, which means we’ve had no growth over a span of six years.”

Jun 10, 2024

Financial Post: Economy slows more than expected, raising hopes of Bank of Canada rate cut

A separate report released by Statistics Canada on Friday said GDP is likely to grow in April due to positive hours worked and tepid retail sales. This puts the bank in a “tough spot,” according to Canadian Chamber of Commerce senior economist Andrew DiCapua.

Jun 10, 2024

Financial Post: Will it be a hold or a cut? All eyes are on the Bank of Canada

Andrew DiCapua, senior economist at the Canadian Chamber of Commerce, said the latest gross domestic product data isn’t expected to throw the Bank of Canada off course to make a shift in monetary policy.

Jun 10, 2024

Financial Post: Inflation data ‘all clear’ for Bank of Canada interest rate cut in June, economists say

Andrew DiCapua, senior economist at the Canadian Chamber of Commerce, said Tuesday’s data should give the Bank of Canada more confidence that inflation is stable.

Jun 10, 2024

The Globe and Mail: Sickly Canadian dollar could reverse course later this year amid shifting central-bank policies

“There’s really not a major sustained risk to the currency at this point in time,” said Andrew DiCapua, a senior economist with the Canadian Chamber of Commerce. “Exports have really been the driver of our GDP growth over the past couple of months. And so if we see a little bit of further depreciation, that could make our goods and services a little bit more attractive.”

Apr 17, 2024

Toronto Star: Bank of Canada holds key rate at 5%, signals June cut ‘within realm of possibilities’

The latest increase in U.S. inflation also casts doubt on the central bank’s next move, said Andrew DiCapua, senior economist at the Canadian Chamber of Commerce.

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