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 44

Sep 19, 2023

The Toronto Star: Toronto restaurants see double-digit decline in people dining in, suggesting pullback in discretionary spending

The volume of seated diners at restaurants in the city has been declining year-over-year since June, according to OpenTable data.

Sep 09, 2023

Toronto Star: Is the Bank of Canada finally done hiking rates? Economists surveyed by the Star say ‘probably’

A majority of economists say the rate increases are likely over for now — and some even say we could see a rate cut next spring.

Aug 28, 2023

The Globe and Mail: Canadian workers are staying put as slowing job-changing rate signals softening labour market

Canadian workers are staying put as slowing job-changing rate signals softening labour market.

Aug 24, 2023

Waterloo Region Record: Consumer spending down in Waterloo Region, economist warns of possible ‘bigger slowdown’

Compared to June, consumer spending dropped by 5.7 per cent in the region in July.

Aug 23, 2023

Financial Post: Slumping retail sales could keep Bank of Canada interest rate on hold

Retail sales flatlined in the second quarter while sales volume dropped 0.8 per cent, Statistics Canada said on Aug. 23, signs that economic activity is weakening as the Bank of Canada’s rate hikes take a deeper hold.

Aug 23, 2023

Toronto Star: ‘Cracks beginning to show.’ Consumer spending plunges in Ontario as interest rate hikes start to hurt

“Do rates need to be higher? Or do we just need to wait longer for them to work? Increasingly, I think the answer is the latter,” economist says.

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