Perspectives

perspectives@scotiabank.com

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Oil producer, global prices: Why Canada is not isolated from energy shocks

June 25, 2026

Oil prices have been moving again, and Canadians are feeling it at the pump. But while changes in gas prices are easy to spot, the forces behind them can be much harder to untangle.  In this episode, Jennifer Stevenson, Vice President and Portfolio Manager with Scotia Global Asset Management, explains what is driving oil and gas prices right now, why events far beyond Canada's borders can still shape what Canadians pay, and how refining, shipping routes, global demand, and geopolitical risk ...

What's behind the Bank of Canada's fifth-consecutive rate hold?

June 10, 2026

For the fifth time in a row, the Bank of Canada announced it would be keeping interest rates unchanged as many economists expected.   There are numerous economic factors the Bank of Canada says it’s monitoring before making any interest rate moves including the ongoing conflict in the Middle East, flat GDP numbers and trade talks between CUSMA countries.   When asked whether a cut or a hike to the 2.25% overnight rate is in the near future, Bank of Canada Governor Tiff Macklem said the situ...

Food inflation 101 – The rising cost of putting food on the table

May 15, 2026

Food inflation is becoming harder to ignore, and it may still have further to run.  As geopolitical tensions push up energy prices, those pressures are beginning to move through the broader economy. If it persists, it could impact what Canadians pay for food.  Scotiabank’s Rebekah Young joins the podcast to break down why food inflation remains persistent, how global shocks are moving through supply chains, and why there are few quick solutions in the near term.  She also explains what thi...