The 10-Minute Take

Anxious to scratch your travel itch this summer but worried about disruptions and high prices? You’re not alone! In this week’s episode of the 10 Minute Take podcast, RBC economists Carrie Freestone and Claire Fan break down this year's travel trends for you. We start with what drove the chaos last summer, before moving on to chat about some interesting trends we’ve uncovered. As it turns out, despite resilient demand, Canadians have already made subtle changes to their travel choices to combat rising prices. Finally, we’ll chat about the outlook for travel in an increasingly challenging economic environment, and why we expect things to slow but not crash.

“Allow us to introduce ourselves!” In this episode of the 10 Minute Take, get to know RBC economists Carrie Freestone and Claire Fan. Spend a day in the life of an economist and get our latest hot takes on the macro outlook. What's changed since RBC’s initial recession call last summer? Are signs of weakness emerging? And finally, what do we lie awake thinking about?

Canada's largest public sector strike in decades just ended—with a deal that includes double-digit wage hikes. Will negotiated wage settlements like these undermine the Bank of Canada’s efforts to cool inflation? RBC economists Carrie Freestone and Claire Fan discuss this and other issues on this episode of the 10 Minute Take.

Just as house prices in Canada start to cool off, rent costs are heating up. What's driving the increase? Declining affordability comes to mind as high home prices push more would-be buyers into rentals. But are other factors at play? And just how pricey can the rental market get? On this special episode of the Ten Minute Take, Rachel Battaglia from the RBC Economics team talks us through the ups and downs of Canada's home rental market-and what's next.

The failures of SVB and other U.S. regional banks sent markets roiling. But what does this mean for the broader economy? Is it all temporary noise or could it leave longer-lasting scars on financial markets? In this episode of the 10-Minute Take, RBC economists Claire Fan and Carrie Freestone will take you back to basics, explaining what market volatility is, where they see it and how it will affect economic growth and central bank decisions.

The federal budget tabled a buffet of new spending measures. But the price tag was hefty: a $40 billion deficit and no sign of a return to balanced books anytime soon. Is Ottawa spending too much? And how does the budget jive with the current economic and monetary policy backdrop? RBC economists Claire Fan and Carrie Freestone answer these and other burning questions in this episode of the 10-Minute Take.

Why are restaurant reservations so hard to find these days? Labour market tightness--it's something we hear on every corner. But what does it really mean? And how is that relevant to you? Join RBC economists Claire Fan and Carrie Freestone in this episode of the 10-Minute Take reboot, where they share their take on Canadian labour markets and where they're heading.

Inflation is down, right? So why is my grocery bill still so high? Recent data showed price growth losing steam…yet everything from coffee to chocolate is still expensive. We'll explain why, and what to expect in the months ahead on the first episode of the 10-Minute Take reboot.

Macroeconomics for everybody! The (new) 10-Minute Take podcast from RBC Economics will explain (in simple terms) what the latest economic data means and why you should care. It's everything you wanted to know but were too shy to ask -- in less than 10 minutes.

Global markets have been bouncing up and down since President Trump announced he tested positive for COVID-19 last week. Add to this the on-again, off-again stimulus talks ahead of the already-contested November 3rd U.S. election and you have a recipe for political uncertainty and increased market volatility. And yet, volatility has been relatively muted -- pullbacks have been shallow while upsides have been capped. Are we seeing a paradigm shift in risk tolerance? George Davis, RBC Capital Markets' Chief Technical Strategist in Foreign Exchange Trading, shares what’s surprised him about recent market movements.

For more insights about social, economic and technological trends, visit rbc.com/thoughtleadership.