Toronto’s new home market posted a sales bounce in May, but context matters. BILD GTA and Altus Group data shows sales hit a multi-year high—against a backdrop of historically weak demand that makes the comparison more flattering than reality. Prices remain in a holding pattern, and builders have quietly abandoned affordable multi-family supply in favour […]
Canadians are paying a lot more across the board. Statistics Canada (StatCan) data shows the Consumer Price Index (CPI) accelerated to a multi-year high in May. Gasoline is a major driver, but with half of the basket’s major components accelerating simultaneously, the problem is much broader than one commodity. Canadian Inflation Accelerates To Highest Level […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadians Are Leaving At The Fastest Pace In 74 Years Canadians are leaving the country at a pace unseen in 74 years of StatCan data. An estimated 30,092 citizens or permanent residents left in Q1 2026—the largest Q1 outflow on record. It’s […]
What housing slump? Canadian Real Estate Association (CREA) data shows prices in all but one province climbed in May. The national index tells a different story. A gap between the headline number and what’s actually happening across most of the country, deserves a much closer look. Canadian Real Estate Prices Are Moving Higher The price […]
Canadians continue to flee in record volumes, in a trend that’s picking up, not plateauing. Statistics Canada (StatCan) data shows emigration—when citizens or permanent residents move abroad—climbed again in Q1. Canadians are now leaving at the fastest pace in 74 years of records. Canadians Continue To Flee In Record Volumes Canadian emigration: Citizens and PRs […]
Canada’s population continues to catch its breath after record growth it’s trying to tame. Statistics Canada’s (StatCan) latest population estimates show the population declined for a third consecutive quarter in Q2 2026. After record growth, the country is now shrinking at its fastest pace. However, that pullback is still just a drop in the bucket […]
Canada’s housing slump is officially over—in the opinion of a small share of buyers, apparently. The rest of Canada? Nah. Canadian Real Estate Association (CREA) data shows home prices climbed in May. Sales and new listings both fell, delivering a slightly tighter market than last year. However, the demand balance remains at a level not […]
Households saw their net worth rise, but that might be a surprise to them. Statistics Canada (StatCan) data shows household net worth climbed in Q1 2026. Housing even made its first positive contribution in a year. However, rising paper wealth may be overshadowed by weaker household cash flows. Canadian Household Wealth Climbs To $18.6 Trillion […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Insolvencies Surge To Second-Highest Level On Record Canadians filed 13,010 insolvencies in April, a 17-year high for the month, only surpassed by April 2009. Consumers drove the growth with 12,580 of those filings, 8% higher than the amount last year. Business […]
Household balance sheets became even more fragile in Q1 2026, according to Statistics Canada (StatCan) data. The agency’s numbers show debt accumulated faster than income for a sixth straight quarter, reversing the brief progress made—though the progress appears to be superficial upon inspection, masking the deeper credit problems. Households now spend nearly 1 in 7 […]
