Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Population Grew Fast, But It Was Massively Overstated Canada’s fast-growing population isn’t moving nearly as fast it led people to believe. Due to the difficulty of tracking people leaving the country, the number of remaining immigrants is significantly inflated. The national […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada To Face 2nd Largest Recession Ever If It Enters A Trade War: BoC Canada isn’t responding well to American tariff threats, and it can cost both countries a lot. National Bank of Canada (NBF) looked at the BOC modeling done back […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Top Job Market Is Saskatoon, Toronto Ranks Near Worst: BMO Canada’s biggest city is its top destination for economic migrants, but it’s one of the worst places to actually find a job. BMO Capital Markets released its annual rank of the […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Banks See Mortgages In Arrears Climb Despite State Intervention Canadian banks are seeing mortgages in arrears climb despite extensive measures to suppress them. Canadian Bankers Association (CBA), an industry-run trade group, data shows that more residential borrowers are falling behind on […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Markets Overheat (Again), Government Cities Tighten Most Canadian real estate markets are starting to heat up (again), but mostly just in government towns. A look at the sales to new listings ratio (SNLR) for major markets across the country […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Mortgage Borrowers Received “Over 8,000 Relief Measures”: FCAC Canadian mortgage borrowers have just discovered they weren’t richer than they thought, and now require significant assistance to handle their bills. The Financial Consumer Agency of Canada (FCAC), the country’s consumer watchdog, has […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Mortgage Rates Start Climbing As Gov Bond Yields Surge Government of Canada (GoC) bond yields are making a steep climb, especially the 5-year term. Since fixed rate mortgage costs are directly influenced by this, expect mortgage rates to climb. The GoC […]
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 […]
