Time for your cheat sheet on this week’s top stories. Canadian Real Estate How Canada’s Slowing Population Growth Is Fixing The Job Market Canada was warned that slowing population growth would hurt its economy—but it might be helping. Its rising unemployment rate wasn’t the result of job losses, but the inability for the market to […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Most Affordable In Years, Still Near 90s Bubble Peak: RBC Canadian real estate is the most affordable in 3 years, but it remains at one of the worst levels in history. A new report from RBC shows that a […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Economy Contracted Modestly. Can It Avoid Recession? The Canadian economy kicked off spring with an unexpected contraction, as monthly GDP fell 0.1% in April—below the market consensus for growth. An upward revision to the previous month’s data left output roughly in […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada Is Now Building 2 Homes Per Person Added To The Population Canada’s housing supply shortage may be resolved a lot faster than policymakers anticipate. The country started construction on more than 2 homes per person added to the population in Q1 […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Ontario Unemployment Hits Recession Levels, Driven By Excess Labour: BMO Ontario’s unemployment rate hit 7.9% in May, nearly a point above the national average—a rare level outside of a recession. What’s unusual is the province hasn’t been losing jobs; it’s been adding […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Unemployment Soars, Driven By Immigration More Than Tariffs Canadian unemployment climbed but it wasn’t due to tariffs as expected. The unemployment rate hit 7.0% in May, with the unemployed population hitting 1.6 million. The employed population grew as well—the problem is […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s GDP Rises in Q1 2025—But Domestic Demand and Trade Flatline Canadian real GDP climbed 0.5% in Q1, following similar growth in Q4 after a downward revision. At first glance, it appears the economy is on stable footing, but a dive into […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Bank of Canada’s Commitment To Mandate Questionable If It Cuts Here: BMO The Bank of Canada’s (BoC) credibility is being questioned for the second time in recent years. While headline inflation plunged due to the carbon tax repeal, the BoC-preferred CPI-Core surged […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Household Debt Grew 2x Faster Than 2019, Driven By Mortgages Canadian households may have trade jitters, but that isn’t stopping them from borrowing. Household debt climbed 0.2% (+$6.2 billion) to reach $3.04 trillion in February—double 2019’s growth rate. Mortgage credit drove […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Mortgage Impairments Surge: Homeowner Or Investor Trouble? Canadian mortgage impairments are surging. New Bank of Canada (BoC) data shows mortgage impairment in Q1 2025 climbed 65% since 2022, despite the best job market in history occurring in the middle of this […]
