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Since June 2024, interest rates have trended down from a two-decade high, yet remain above the historically low levels seen during the pandemic. Approximately 1.2 million Canadian mortgages will renew ...
Prices are still falling with the benchmark (typical) new single-family home, down 5.4% to $1.53 million in April, and condos ...
As the OECD points out, climbing stock prices with contracting economic growth is a counter-productive and foreboding ...
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 ...
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 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 ...
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