But excluding vehicles, retail sales likely rose a solid 0.5%, according to the Action Economics survey. Consumer spending makes up almost 70% of the nation's gross domestic product. Americans ...

Action Economics said in a research note that it expected the Bank of Canada to begin increasing its main interest rate in July as the labour market continued to recover. The general uptrend in ...

The Bank of Canada may be worried about household debt levels and the elevated Canadian dollar. But analysts at Action Economics say the central bank — which next meets on Jan. 18 to issue its latest ...