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 […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s GDP Per Capita Crisis: 4 Provinces Grow, Others Fall—Some Back To 2020 Canada’s population is growing much faster than its economy, and the problem is reaching a crisis level. GDP per capita fell 1.4% in 2024, implying the country is seeing […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada To Become A Dystopian Nightmare, Households Will Flee: Gov Report Canada is heading in the direction of becoming a dystopian nightmare. That was the take from a new report from Horizons Canada, the Government of Canada (GoC) agency in charge of […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Income Inequality Hits A High, Economic Mobility Disappears Canadian households are seeing the gap between the rich and poor widening very fast. The gap between the top and bottom 40% of households, known as the income gap, has expanded to the […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada Is Saving Its Real Estate Bubble By Creating A Rental Bubble Canadian rental prices are again resuming their climb, but not in the expected segments. More affordable purpose-built rentals have seen price growth surge, almost closing the gap between condo apartment […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Atlantic Canada & Prairies To Be Hit Hard By China’s Tariff Retaliation: RBC Canadians are so focused on the American-induced trade war they likely forgot they started one with China a few months prior. RBC warns that China has finally retaliated to […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Bank of Canada Squandering Its Ability To Respond To Trade War: Scotiabank One of Canada’s Big Six banks is warning the central bank is blowing its ability to respond to a trade war. Scotiabank economists wrote to investors warning the BoC’s recent […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadians Permanently Leaving Hits The Highest Level Since 1967 Canadian policymakers were so focused on growing the temporary population that they missed the citizen outflow. Emigration, the act of a citizen or permanent resident leaving for good, ramped up in Q4 2024. […]
