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A recent Royal LePage survey reveals that 57% of Canadian homeowners with mortgages set to renew in 2025 anticipate an increase in their monthly payments. Among these individuals, 81% expect this rise ...
Slowly, then all at once…job losses ‘unexpectedly’ leaping across many sectors.
Yesterday, the Bank of Canada (BoC) held its overnight rate target at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. They did not ease monetary conditions while noting that domestic ...
Prices are still falling with the benchmark (typical) new single-family home, down 5.4% to $1.53 million in April, and condos ...
On one hand, the US economy is showing signs of slowing, with a negative growth for Q1 GDP, and mounting evidence that many corporations and consumer households are feeling the pinch of higher ...
The idea that re-shoring manufacturing will increase good-paying jobs in North America faces some challenges from growing automation. Corporations focus on maintaining and increasing profit margins, ...
The next time someone says, ‘You never lose money in real estate,’ tell them that’s nonsense and not supported by history.
Resource-rich Alberta has long been hailed as the economic engine of Canada. But is it? Andrew Chang breaks down the province’s biggest contributions and how they stack up against the rest of the ...
The Conference Board’s Consumer Confidence Index® also reflected a downturn, dropping by 7.9 points in April to 86.0 ...
That inflated the prices of most goods and assets while exacerbating wealth gaps between the old and young, as well as between the top ten percent and the rest. We are now in a mean reversion phase, ...
Today, we received further confirmation of Canada’s deteriorating labour market, with March payrolls falling 54,100 to a 10-month low, and a negatively revised 40,200 fewer jobs in February (Stats Can ...
As I feared, DOGE has drastically undershot its targeted spending cuts. It’s hard to reduce overhead without the political will to reduce corporate subsidies and reform entitlement programs in a ...
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