Canadian auto sales have slowed in recent months but remain up 10.6% year-to-date through April. Meanwhile, US light vehicle sales continue to hold steady around 15.7mn units at a seasonally adjusted and annualized rate. Full Report: ms.spr.ly/6019YVPXz

A timid housing market held back by high uncertainty, high stakes, & high rates is leading to better supply-demand conditions & stable prices. Will that last? Pent-up demand still exists, but its release likely won’t look like pandemic times. Full Report: ms.spr.ly/6016YkHwC

Canadian auto sales continue to slow in April (-0.2% m/m SA), but the annualized pace remains above 2023 annual sales. US auto sales have increased back in line with Q4-2023 levels as inventories continue to rise. Full Report: ms.spr.ly/6014Yt0Cg

Canada is a world leader in carbon capture and removal, but the sector is not growing as fast as needed. Read new analysis about how Canada can drive down costs for projects to support climate action. Full Report: ms.spr.ly/6010YAd7r

Canadian auto sales slowed in Q2 (-9.5% q/q, SA) back in line with the mid-2023 sales rate but remain up 6.2% year-to-date (NSA). US auto sales fell in June but the Q2 sales rate increased back in line with the second half of 2023. Full Report: ms.spr.ly/6010lK4aI

As structural factors increasingly drive growth ranking, Western Canada is set to benefit from structural advantages, with potential GDP forecasts showing sustained out-performance over the next two years. Full Report: ms.spr.ly/6014lXBtY

Pervasive pessimism overshadows notable resilience in Canada. The country needs a new economic narrative, otherwise it risks talking itself into decline. Full Report: ms.spr.ly/6014lXlbr

After Canada's upcoming federal election, what should the federal government do about carbon pricing? New analysis from Scotiabank Economics shows what repeal might mean for Canadian emissions, and analyzes potential alternatives. Full Report: ms.spr.ly/6010lsgXk

Canadian Zero-Emission Vehicle (ZEV) sales increased in Q2-2024 amid a surge in Quebec ZEV registrations as consumers look to take advantage of the province’s financial assistance program following the March announcement of planned changes. Full Report: ms.spr.ly/6018mpjH4

Canadian light vehicle sales continued to slow in Q3-2024 (-2% q/q, SA) as the previous interest rate hikes weigh on household spending towards goods, meanwhile US auto sales continue to trend sideways. Full Report: ms.spr.ly/6011mavTZ

Climate policy could impact Canadian exporters if it occurs beyond its borders. See our newest piece on how measures from border carbon tariffs to ESG reporting could impact Canadian goods exports in the coming years. Full Report: ms.spr.ly/6014mxltA

Federal efforts to rein in temporary workers will likely cause pain ahead as the runway gets shorter. Gains down the road depend on their ability to focus policies on newcomer potential, while minimising market distortions. Full Report: ms.spr.ly/6016WDUZQ

Despite new spending, Ontario’s mid-year update reveals a brighter fiscal outlook with $6.7B in deficit cuts over 3 years, highlighting fiscal improvements from improved revenues and lower interest costs. Full Report: ms.spr.ly/6017WPQU7

Canada’s new immigration plans would provide headwinds to growth, but with a host of caveats. Perhaps the biggest is implementation risk. We dive into the economics and probabilities of the likely path ahead. Full Report: ms.spr.ly/6018Wr3p6

Canadian light vehicle sales increased 3.5% m/m (SA) in October, the biggest monthly increase since July, while US auto sales increased 1.7% m/m (SA) to the highest seasonally adjusted rate since April. Full Report: ms.spr.ly/6012W92kn

New Brunswick’s fall budget update sees healthcare costs push the budget into the red, while broadly holding the line on new spending amid considerable uncertainty on the horizon. Full Report: ms.spr.ly/6018WmSYy

Natural disasters are increasing in Canada, and the costs go beyond rising insurance. Our new report looks at how much governments & insurance are spending to manage disasters/rebuild, and offers recommendations to improve resilience. Full Report: ms.spr.ly/6011WfBHc

North American automakers are facing new policy risks after years of navigating market disruptions. Policymakers should instead focus on growing the pie to prevent losing more market share to Asian producers. Full Report: ms.spr.ly/6017oM7Cb

2024 was a year of growth and rebalancing across the North American auto sector as Canadian auto sales increased 8% y/y to 1.82 mn units and US auto sales increased 2.2% y/y to 15.9 mn units, the highest respective annual sales since 2019. Full Report: ms.spr.ly/6013UDLyc

Reading about tariffs? Here's an overview of Canada-US Trade so you can get up to speed on potential impacts! Full Report: ms.spr.ly/6018Uk8tE