What do rising oil prices mean for Canadian households?

In my latest for @TheHubCanada, I estimate the costs for gasoline, energy, and (just as importantly!) all other goods and services throughout the supply chain. Overall, about $1,000/yr/household.

https://thehub.ca/2026/03/18/what-rising-oil-prices-mean-for-canadian-households/ #cdnecon #cdnpoli

2 Desjardins: Policymakers will generally look through an #oilpriceshock unless #inflationexpectations become unanchored, underlying #inflation reaccelerates or the #outputgap closes meaningfully. 🧵 #BOC #cdnecon
1 Desjardins: The Bank of Canada’s reaction function to higher #energyprices is also fairly clear. Even in a world where #centralbanks are more sensitive to supply shocks, the Governing Council retains substantial flexibility to remain patient. 🧵 #BankofCanada #BOC #cdnecon
He said the 84,000-position decline is the kind of reading you typically only see in the depths of a recession. “I don’t believe we’re in a recession,” Porter said, “but clearly the economy is struggling out of the gate in 2026.”
#Canada #economics #recession #depression #collapse #cdnecon #ontario #labor #jobs #employment https://share.google/98rprNDYC4xwP4M4J
‘Empty pit of despair’: Job seeker describes struggle as Canada posts biggest job loss in decades

In a drop that some economists are calling 'worrisome,' Canada’s labour market shed 84,000 jobs in February, one of the sharpest monthly declines seen outside the COVID-19 pandemic.

CTVNews

Ponzi schemes rely on trust and hype. Bernie Madoff showed how dangerous that combination can be.
#Investing #PonziScheme #CdnEcon

https://www.canajunfinances.com/2009/03/13/random-thoughts-bye-bye-bernie/

“Compounding matters is that the #American #economy is relatively #energy-intensive – which is to say, a lot of #energy goes into each dollar of output. Canada’s economy is worse yet, in large part because the #transportation system remains #carbon-intensive.” #Canada #cdnecon

RE: https://bsky.app/profile/did:plc:5zca2ola2zxpkw37w4f3wxtu/post/3mgkmxhkwgc2v

Have Alberta's finances gone off the rails?

My latest for @TheHubCanada on the province's latest budget. https://thehub.ca/2026/03/03/have-albertas-finances-gone-off-the-rails/ #ableg #cdnpoli #cdnecon

Have Alberta’s finances gone off the rails?

The Hub
TD Economics Maria Solovieva on GDP numbers: "For 2025 as a whole, the economy slowed to a 1.7%, primarily due to lower exports to the United States. That said, domestic demand grew at a better 2.3% pace, supported by stronger government spending." #cdnecon
BMO: The Q4 setback in #Canadian #GDP was entirely due to a drop in #inventories and doesn't reflect underlying momentum, although at just +0.7% y/y #growth since the end of 2024, the #economy is hardly thriving. #cdnecon #GDP