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 […]
Canada’s slowing economy may be shaking the confidence of builders. Statistics Canada (StatCan) data shows building permit values fell in April. A drop in multi-family permits fueled nearly the entire plunge for residential, with non-residential also slipping. Falling permits signal a slowdown in the sector ahead, providing another data point highlighting Canada’s slowdown. Canadian Building […]
There may be a perfect storm on the horizon, and it’s leaving Canada’s central bank paralyzed. The Bank of Canada (BoC) held its key interest rate at 2.25%, a widely expected move. They warn that the economy faces slow growth and rising inflation—conditions that resemble a stagflation-like threat. BoC Holds Rates On Stagflation-Like Conditions Surfacing […]
Canada just saw its biggest trade surplus since its leaders pledged to shed its US reliance. Statistics Canada (StatCan) data shows international merchandise trade jumped in April. A sharp climb in exports produced the biggest trade surplus in over a year, though it wasn’t due to policymakers. The net gain was more than explained by […]
Canadians are among the most indebted in the world, but managed to avoid signs of stress—until now. Office of the Superintendent of Bankruptcy (OSB) data shows insolvencies surged in April. Filings for the month just hit the second-highest level on record, driven by consumers. About Today’s Data Today we’re looking at total insolvencies, both consumer […]
