Andrew Hencic
Andrew Hencic is the director and senior economist at TD Economics, where he specializes in analyzing economic trends and forecasting for the Canadian economy. Recently, he gained attention for his insights regarding the Bank of Canada's interest rate decisions, highlighting the complexities of the current economic landscape amid trade tensions and changing consumer behavior.
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Recent news mentions
Andrew Hencic, a senior economist at Toronto-Dominion Bank, noted the decline in the labour force as a trend to monitor.
Canada sheds 25,000 jobs to start 2026 on manufacturing, Ontario weakness
Canada· 2026-02-06
Andrew Hencic is a senior economist at TD Bank who noted that the labour market is 'in better shape' than expected.
Canada’s jobless rate falls to 6.5% driven by rise in part-time, youth employmentCanada· 2025-12-05
Andrew Hencic is the director and senior economist at TD economics who commented on the economic outlook and inflation.
How today’s inflation report has shifted market and economist predictions for BoC rate cutsCanada· 2025-10-21
Andrew Hencic, a senior economist at Toronto-Dominion Bank, discussed the implications of mortgage rate resets on the economy.
Ten charts that explain Canada’s messy and complicated housing marketsCanada· 2025-10-15
Andrew Hencic is the director and senior economist at TD.
How today’s inflation report has shifted market and economist predictions for BoC rate cutsCanada· 2025-09-16
Andrew Hencic is the director and senior economist at TD Economics.
‘The door is now firmly slammed shut on a July BoC rate cut’: Markets and economists react to today’s inflation dataCanada· 2025-07-15
TD Bank economist Andrew Hencic told The Globe that there’s going to be an element of data dependency in trying to forecast forward.
Business Brief: What to know this weekCanada· 2025-06-03
Andrew Hencic is a senior economist at Toronto-Dominion Bank who commented on trade uncertainty and interest rates.
Bank of Canada expected to remain on pause after strong economic dataCanada· 2025-06-02
Andrew Hencic is the director and senior economist at TD Economics.
How today’s GDP report has shifted market bets and economist views for next week’s BoC rate decisionCanada· 2025-05-30