I purchased a Vikingwear rainsuit. I use it for times when it's too cold to get soaked on the trip to or from work. It's construction worker clothing.

Yes, it is not fully breathable but when you are down to 2 deg C you need to maintain a little warmth. The suit I bought was 150 denier ripstop nylon with taped and double sewn seams. The suit cost around $75 CDN.

I wear a merino wool shirt and cycling tights underneath and it keeps me warm and dry. I have a small cycling backpack that will fit underneath the jacket so all my swag stays dry.