What economists are thinking about heading into 2025


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Dec 12 2024 11 mins  
The Canadian economy has been through a whirlwind in 2024. Canada has been in an extended period of underperforming per capita growth compared to the United States since 2019. Still, 2024 was a pivotal year for Canadians with inflation coming down and interest rates finally moving lower.

But has inflation truly been tamed? If so, why doesn't it "feel" like affordability has truly gotten better? And, how do big policy pivots on immigration and global trade fit into it all?

Join RBC economists Carrie Freestone and Claire Fan in this 2024 10-Minute Take wrap-up episode. They'll discuss the highlights in a year-in-review before addressing key themes for 2025 in the final episode of the season.