Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadians Still Leaving At Near Record Pace Echoing 90s “Brain Drain” Canada may be attracting immigrants, but it’s failing to keep its citizens and permanent residents (PRs). In Q2 2026, nearly 25,000 Canadians emigrated—permanently relocated to a new country—marking the third-highest outflow […]
Canadians are still leaving in near record volumes. Statistics Canada (StatCan) data shows emigration—citizens and PRs leaving permanently—rose in Q2 2026. In fact, it was the third highest outflow for the second quarter ever reported. Even fewer Canadians are returning, mirroring the country’s peak “Brain Drain” era. Except this time the numbers show this rise […]
Canadian households may not acknowledge it publicly, but they’re falling behind. Bank of Canada (BoC) research shows incomes beat inflation from 2020 to 2025. But the researcher warns there’s a catch, as the average often cited by policymakers is an average. Most households didn’t beat inflation, and are now racking up debt every year to […]
And just like that, Canada’s shrinking population went the way of its technical recession—revised away. Statistics Canada (StatCan) data shows that the country’s population grew in Q3 2026. More importantly, the data includes the upward revisions we’ve been discussing for months. It turns out that the much-discussed population contraction plaguing the country didn’t exist. The […]
Remember when experts blamed Millennial home buying woes on avocado toast? Well, in Canada, Millennials now need help buying regular toast. Ditto with Gen Z, according to a new RBC survey. The bank found that most parents are providing some form of financial help to their adult children between the ages of 18 and 40. […]
Households are on a borrowing spree, but mortgages are no longer the weapon of choice. Statistics Canada (StatCan) data shows household credit hit a new high in July. Mortgages continue to represent the lion’s share of debt, but growth is slowing to one of the weakest levels in a generation. Meanwhile, consumer debt continues to […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Plan To Fix Housing? Just Change What Affordable Means Back in 2023, the CMHC said that building 3.5 million homes could restore 2004 levels of affordability by 2030. It reiterated the plan a year later, right before the country’s population growth […]
Canada’s building boom and slowing population growth finally pushed it closer to its affordability target. Just kidding. The Canada Mortgage and Housing Corporation‘s (CMHC) 2026 Housing Supply Report shows it was never a real target. Despite billions in subsidies and slower population growth, its estimated gap barely budged. The agency’s latest report pushes the target […]
Canada’s real estate recovery has barely begun but it already faces headwinds. Rising inflation and credit demand has the market now expecting 5 rate hikes. This morning, BMO Capital Markets told investors that 5 hikes seems a little much right now. However, the bank warned that rates will rise and mortgage relief for this cycle […]
Canadian real estate’s recovery hit pause last month—and maybe even rewound a bit. Canadian Real Estate Association (CREA) data shows that home prices slipped in August. Weak sales, sticky inventory, and economic uncertainty have led to the weakest demand balance in nearly 30 years. Canadian Real Estate Prices Fall For A Third Month The price […]
