Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Unemployment Hits Highest Non-Pandemic Rate Since 2017 Canada is adding jobs at one of the fastest paces on record, but adding even more people. Despite adding 51k jobs in November, the unemployment rate made a sharp uptick of 0.3 points to […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian GDP Rises On Gov Spending, Big Revisions To Slow Rate Cuts: BMO Canada’s economy is growing faster than anticipated, which may lead to higher rates. Real GDP showed annualized growth of 1.2% in Q3, slightly below expectations. However, the report came […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada Loses 1 In 5 Immigrants, High-Skill Labor Most Likely To Flee Canada is world-renowned for its ability to attract immigrants, but few realize how many it fails to retain. A new study found that 1 in 5 immigrants leave for onward […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada Makes A Huge GDP Revision, BoC Made Supersized Rate Cut On Bad Data Canada’s economy is doing much better than previously believed, and that’s a problem. Statistics Canada made astronomical revisions to real GDP, adding the equivalent of an extra year […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Rental List Prices Make First Drop Since COVID, BC & ON Cities Lead Lower Canadian rental prices just made their first annual drop in years. The average monthly asking price for a rental fell to $2,151 in October, down 1.2% from […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Immigration Changes To Impact BC & Ontario Real Estate Most: BMO Canada is changing course on immigration and that means real estate investors should pay attention. A new BMO Capital Markets report notes the population declines will be felt the sharpest […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Prices To Correct After Immigration Cuts: BMO Canada’s oldest bank sees good news for affordability—actual affordability. In a research note to investors, BMO reiterates their belief that Canada has a housing demand problem, not a supply problem. Therefore the […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Toronto & Vancouver Are Now The Weakest Real Estate Markets In Canada Toronto and Vancouver are traditionally Canada’s hottest real estate markets, leading the trend. If that still holds true, it might be a problem in the coming months. Experts believed the […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada Needs To Prepare For Bank Runs & Collapses, Warns Former Regulator Canadian banks are world-renowned for their stability. The last bank failure hasn’t occurred since 1996, meaning a whole generation hasn’t seen one. That’s exactly why they should be preparing for […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada Just Saw 1 In 20 Businesses Close In A Month, Biggest Wave Since Pandemic Canadian small businesses are struggling to stay above water these days. Roughly 1 in 20 businesses shuttered their doors in June, the largest wave since the pandemic. […]
