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Weekly Commentary

'Twas the Meeting before Christmas

December 15, 2023
Randall Bartlett
Senior Director of Canadian Economics

Canadian real GDP is projected to have advanced by 0.1% in October.

Inflation likely took another step lower in Canada in November.

Retail sales in October are expected to have increased by 0.8 %, in line with Statistics Canada’s flash estimate.

US housing starts and existing home sales likely fell again in November.

The Conference Board index will probably show US consumer confidence is up.

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