Economics 101

Learn about economic indicators like Gross Domestic Product (GDP), consumption, and government budgets and how they can impact your finances today and in the future.

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Managing Money

The Human Side of Economic Downturns

Understanding the human impact of economic downturns can help individuals manage more effectively through financially challenging times.

Economy

What Is Money and How Does It Drive the Economy?

Money is more than just the coins and bills tucked neatly in your wallet. What is money really?

Ideas and Insights

Here’s how markets have reacted to conflict historically

With ongoing uncertainties related to Russia's attack on Ukraine, RBC GAM looks back on past market reactions.

10 Minute Take Podcast

Macroeconomics for everybody! The 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.

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Are higher oil prices good or bad for Canada’s economy?
March 26, 2026 by The 10-Minute Take
Ongoing conflict in the Middle East has pushed global oil prices higher, raising questions about the impact to Canada’s oil-exporting economy.This shock differs fundamentally from the past including 2015’s oil price collapse, which drove structural changes in Canada’s energy sector over the past decade. The result: A surprisingly neutral net effect from today’s high oil prices on real economic growth.In this episode of the 10-Minute Take, join RBC Economics’ Claire Fan and Carrie Freestone as they discuss:Why domestic energy investment isn’t likely to surge despite higher oil prices.How the price shock can benefit some sectors but hurt others, creating a fractured impact.What to expect for Bank of Canada rate decisions as inflation pressures evolve.