Canadian real estate markets are further buckling under trade war anxieties, with RBC Economics telling investors that there’s no near-term recovery. National data has yet to arrive, but they observed plummeting sales and rising inventory in all of Canada’s major markets in April. RBC warns market cracks are emerging, and there’s no meaningful rebound on […]
Canada’s international student landscape is undergoing a seismic shift, and it’s not just the quantity of students. Immigration, Refugees and Citizenship Canada (IRCC) data shows that new study permit applications were down in March. Old news, eh? What is new though is the shift in demand origination. China, once the top source of international students, […]
The Greater Toronto real estate market is still in freefall as the anticipated boom proves to be an epic bust. Toronto Regional Real Estate Board (TRREB) data shows the price of a typical home (composite benchmark) continued to fall in April. A typical house in the City is now under the $1 million mark, as […]
Canada’s education system is facing a reckoning: Even during the record tight labor market, graduates struggled to find jobs—with Ontario at the center of the issue. New Statistics Canada (Stat Can) data shows fewer graduates were able to find a job within 3 years of graduating. The study is conducted every 5 years, with the […]
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 […]
Canada’s economy is losing ground—and its population is paying the price. New Statistics Canada (Stat Can) data reveals GDP per capita fell 1.4% in 2024, but the hit wasn’t evenly distributed. A provincial breakdown reveals stark disparities: few regions are thriving, while most are regressing—some back to 2020 levels. If quality of life continues to […]
The Canadian economy’s temporary boost has faded, revealing a weaker foundation. Statistics Canada (Stat Can) data shows the country’s gross domestic product (GDP) slipped in February. The drop erased half of January’s unexpected surge. Behind Canada’s rising recession risk was declining oil & gas extraction, and the Canadian housing market slowdown. The latter of the […]
Alberta is the only province making the most of Canada’s most valuable natural resource—young workers. Statistics Canada (Stat Can) interprovincial migration data shows it was the only province that managed to attract young workers, aged 25 to 45 years old. This demographic is critical to regions, driving economic growth and long-term prosperity. It’s the only […]
Canada’s business community is bracing itself for a downturn in the near future. The Bank of Canada (BoC) released the results of its Market Participant Survey (MPS) for Q1 2025. The survey, a poll of financial market experts, shows expectations for GDP growth have fallen, while the probability of a recession has climbed sharply. The […]
Today’s election day in Canada, and this time tomorrow the country will be bracing itself for one of two plans. There’s no shortage of partisans willing to discuss the positives of each plan, so we thought we’d do something different—discuss the risks of each plan. Let’s talk about comically unrealistic (and reckless) housing targets, and […]
