Greater Toronto real estate printed stronger numbers across the board last month. BildGTA and Altus Group data shows new home prices climbed in April, with stronger sales and less inventory. Has the market risen from the dead? Before getting excited, it’s worth diving into the data, as a little context may take the wind out […]
Canada just saw one of its biggest months on record for new businesses, but just as many shut down. Statistics Canada (StatCan) data shows the number of active businesses fell in February, with the country seeing the fewest since October 2023, a 28-month low. This isn’t a one-off issue: new firms over the past year […]
Canada’s central bank is seeing core inflation slow, but borrowing costs aren’t. BMO warns that long-term Government of Canada (GoC) bond yields have just hit their highest level since 2010. BMO points to oil prices as the bond market’s immediate concern. That may be the spark, but Canada’s persistent demand for debt is the bigger […]
Canadians know inflation climbed sharply last month, but there’s a stranger story in the headline data. Statistics Canada’s (StatCan) Consumer Price Index (CPI) rose in April, driven by energy prices. However, a modeling skew in categories like air travel helped suppress the acceleration, despite conflicting industry data. Canadian CPI Surges To Highest Level In 23 […]
Canada’s debt problems are approaching the point of no return, likely cementing the end of the low-rate era. The Parliamentary Budget Officer (PBO) broke down federal spending and revenue for 2026-27. While critics focus on corporate welfare and loose spending, the real issue is much worse. The data reveals that over a quarter of revenue […]
Canada turned to cheap credit to prevent a housing correction, turning a bubble into a generational crisis. Statistics Canada (StatCan) examined housing across generations to compare the living situation of Millennials aged 25 to 39 in 2021 to those of Gen X and Boomers. They found that nearly 1 in 6 Millennials across the country […]
Canadian household wealth grew last year, but so did inequality. Statistics Canada (StatCan) data shows the average household net worth rose in Q4 2025. However, the rich had a different read on the economy that helped their share grow much faster. While the rich racked up stocks and pumped the brakes on mortgage debt, the […]
Greater Toronto’s rental shortage is now a distant memory, but the rents have yet to adjust. Urbanation data reveals the Greater Toronto and Hamilton Area (GTHA) has seen a sharp uptick in rental vacancies in Q1 2026. The sticker price of rents hasn’t moved much, but incentives are growing as landlords position the slump as […]
Canadian mortgage delinquencies are rising. As reported last week, the latest CBA arrears rate hit 0.28% in February, double the record lows over the past 4 years. It hasn’t surprised many, especially those in the industry who have been sounding the alarm. However, most will be surprised to learn who’s falling behind—especially regulators. Mortgage Delinquencies […]
Canadian wages are growing faster than usual, but they’re failing to keep up with household spending. Statistics Canada (StatCan) data reveals household credit is once again outpacing wage growth, suggesting households are borrowing what their wages won’t provide. The growing gap raises questions about the sustainability of repaying a household debt load that now rivals […]
