On this episode of the Canadian Investor Podcast we break down the latest Consumer Price Index (CPI) data and its ramifications for the Bank of Canada's (BOC) upcoming monetary policy decisions. With the annual inflation rate now at 2.9% and core inflation seeing its first rise in months, we examine the challenges the BOC faces in balancing rate adjustments against a backdrop of a weak economy and high consumer debt.
We'll also explore the varying performance of major Canadian grocery chains, contrasting Empire's cautious outlook with Loblaw's (TSX:L) robust growth, and discuss strategic moves in the retail sector. Additionally, we go over the recent earnings release of two of the major Canadian cannabis producers in Canopy and Aurora. We finish the episode by talking about Winnebago’s decline in sales and what it means for the RV industry.
Which stock to consider in your next trade?
AI computing powers are changing the Canadian stock market. Investing.com’s ProPicks AI are winning stock portfolios chosen by our advanced AI for Canada, the US, and other exciting markets around the globe. Our top strategy, Tech Titans, nearly doubled the S&P 500 in 2024 - one of the most bullish years in history. And Beat the TSX, designed for broad market exposure, is showing +878% gains with 10 years’ back-tested performance. Which Canadian stock will be the next to soar?
Unlock ProPicks AI