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Weekly Commentary

A New Chapter Has Begun with Joe Biden’s Arrival at the White House

January 22, 2021
François Dupuis • Mathieu D’Anjou • Benoit P. Durocher • Francis Généreux • Lorenzo Tessier-Moreau • Hendrix Vachon


  • U.S. housing starts hit their highest level since 2006.
  • The Bank of Canada left its key rates at their effective lower bound.
  • Canada: The total annual inflation rate fell back below the lower target.
  • Canada: Retail sales grew more than anticipated in November.
  • Canada: The number of housing starts ticked down in December.