Canada’s first population decline is being blamed on temporary residents leaving, but that overlooks a deeper structural issue: a record outflow of citizens too. Statistics Canada (StatCan) data shows emigration, the act of citizens or permanent residents relocating abroad, surged in Q3 2025. The unusual record outflow over the past year has only seen anything […]
Canadian employers are pulling back, but the hiring slowdown isn’t even across provinces. Statistics Canada (StatCan) data shows the job vacancy rate fell across Canada in Q3, but most provinces remain at or above the national average. Ontario stands out as an exception, as its large population, paired with a stagnating economy, has seen hiring […]
New home sales across the Greater Toronto Area (GTA) went into a deep freeze ahead of winter. Greater Toronto new home prices slipped even further in November, according to data from Altus Group and BILD GTA. The decline was driven by the second-highest inventory for the month meeting with its weakest sales on record. November […]
Canada’s population is doing something rare—it’s shrinking, and that’s not necessarily bad. Statistics Canada’s (StatCan) quarterly population estimate fell sharply in Q3 2025, led by a drop in non-permanent residents. The quarterly contraction helped push Canada into uncharted territory, with annual growth now at a record low. Canadian Population Estimates Fell By More Than 76k […]
Canada’s job-shortage narrative is disappearing almost as fast as it was introduced. Statistics Canada (StatCan) data shows job vacancies plunged again in Q3 2025, hitting the lowest level in nearly 8 years—even as the population added millions. The shift puts employers back in control, already chipping away at the rapid wage growth reported in recent […]
Canadian inflation has been driven by two key pressure points in recent years: shelter and food. Statistics Canada’s (StatCan) data shows shelter inflation is finally cooling, helping to keep the Consumer Price Index (CPI) stable in November. But BMO Capital Markets is warning investors that the other half of the problem is flaring up again—food […]
Canadian real estate is in for a long winter if last month was a preview of things to come. Canadian Real Estate Association (CREA) data shows home prices fell further in November, after a small drop in new listings was met with a much bigger drop in sales. Prices haven’t just rolled back to the […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Mortgage Rates Set To Surge With Global Bond Yield Repricing Canada’s real estate industry is watching the overnight rate, but it should be paying attention to bond yields. Mortgage rates are priced off credit benchmarks of similar maturities, and the Bank […]
The Canadian real estate industry may focus on rate decisions, but the mortgage industry is watching bond markets. The Government of Canada’s (GoC) 5-year bond yield—a key benchmark for fixed-rate mortgages—has surged in recent weeks, pushing borrowing costs higher instead of providing relief. The move reflects rapid market repricing, driven by stronger economic data and […]
Canada’s national statistics agency quietly dropped a Christmas gift for analysts this morning. Statistics Canada (StatCan) data shows household debt-to-income (DTI) climbed sharply in Q3—but the real insight was a bonus DTI normalized for US comparison. The agency notes that American households saw their ratio peak in 2007, while Canadians kept piling on debt until […]
