Canada’s central bank just delivered a speech that made every quant’s skin crawl. Last week, the Bank of Canada (BoC) revealed it’s preparing a major overhaul of how inflation is measured. In prepared remarks, Deputy Governor Rhys Mendes warned that mortgage costs have distorted the Bank’s preferred CPI readings. Now it’s considering whether to scrap […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Renters Outperform Homeowners In Most Cities: Even In Toronto Canadian real estate is renowned as a strong investment, but renters could have easily outperformed returns. PWL Capital compared renter savings—invested in an index fund—to the cost of home ownership. Investing the […]
Toronto real estate may have to accept that its pre-pandemic premium is gone. TRREB data shows composite home prices fell further in September, with losses accelerating. A mild uptick in sales was overshadowed by inventory surging to a record high. The demand balance is weaker than during the 90s crash, the region’s last major correction. […]
Canada’s central bank cut interest rates to support a weakening economy, but admits it may not help. The Bank of Canada (BoC) lowered its overnight rate by 25 basis points to 2.5%, but its own internal meeting notes reveal uncertainty about the decision. In its Summary of Deliberations, the BoC acknowledges it’s downplaying inflation risks […]
Canada’s job market is worse than it looks, according to one of Canada’s largest banks. National Bank of Canada (NBF) is warning investors the surprising growth in payroll data has been misread as strength, but zooming out reveals it’s now aligning with the weakness observed in the Labour Force Survey (LFS). When combined with plunging […]
Few investments have created wealth as broadly in Canada as real estate, but is it always the best return? A new study from wealth management firm PWL Capital compares homeowner equity to the invested savings of renters. The results were surprising: in most major markets—including Toronto—renters came out ahead. While past returns don’t guarantee future […]
Slow is smooth, and smooth is fast? Statistics Canada (Stat Can) data shows population growth continued to slow in Q3 2025, hitting its lowest rate since growth was physically restricted in 2021. That’s raised concerns over economic momentum, but it’s misplaced. Even if Canada drifts through the rest of the 2020s at a lockdown pace, […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadians Moving Abroad Hits A New Record As The Country Fails to Compete Canadians continue to move abroad in record volumes. There were an estimated 120,000 emigrants in the 12 months ending Q2 2025, representing a 3% increase from the previous year. […]
Canadians aren’t just sending money abroad—they’re sending themselves. Statistics Canada (StatCan) data shows emigration climbed again in Q2 2025, setting a record for Canadians permanently leaving over a 12-month period. The steady climb underscores Canada’s failure to compete, as more talent and capital head for greener pastures. Emigration and Why You Should Care Emigration is […]
Canada’s population slowdown hasn’t trimmed home prices nearly as much as rumoured. Canadian Real Estate Association (CREA) data shows the national benchmark is down sharply, but only two provinces have seen real corrections as of August. The other eight hit all-time highs within the past year—six of them in the past quarter. Are these markets […]
