Market News: Week Ending March 27, 2026

Market News– Week Ending March 27, 2026

Statistics Canada reported that average weekly earnings rose 0.3% in January. On a year-over-year basis, average weekly earnings rose 2.0%, which is similar to the current pace of inflation (1.8% in February). These results are in line with market expectations. As this indicator measures growth in income, it can reveal trends in consumer spending.

The U.S. Department of Labor announced that initial jobless claims totalled 210,000 (seasonally adjusted) in the week ending March 21, an increase of 5,000 from the previous week's unrevised level of 205,000. The 4-week moving average was 210,500, a decrease of 250 from the previous week's unrevised average of 210,750. These results are in line with market estimates.

Regards, 

Glenn

Note:
All index performance is in Canadian dollars.

IMPORTANT DISCLAIMERS
The information in this letter is derived from various sources, including CI Global Asset Management, CRA, Bloomberg, National Post, Globe and Mail, Wall Street Journal, Bloomberg, Reuters, Investment Executive, Advisor.ca, MarketWatch, Toronto Sun, The Guardian, MSN.ca and Statistics Canada at various dates. This material is provided for general information and is subject to change without notice. Before acting on any of the above, please contact me for individual financial advice based on your personal circumstances. Certain statements contained in this communication are based in whole or in part on information provided by third parties and CI Global Asset Management has taken reasonable steps to ensure their accuracy. Market conditions may change which may impact the information contained in this document.