In the Canadian financial system, mortgage fraud is considered especially tolerable. For Canada’s banks, there’s a dedicated regulator who investigates violations of the Bank Act known as the Office of the Superintendent of Financial Institutions (OSFI). These are their stories. Dun dun. Just kidding. But OSFI, Canada’s banking watchdog, isn’t. While the regulator has been […]
Canada’s days of being one of the happiest countries in the world have gone the way of Zellers. The newly released 2026 World Happiness Report reveals Canada’s plunge from the Top 10 is accelerating. The country has seen the sharpest decline of any advanced economy, and ranks among the worst places in the world for […]
Canadian real estate’s downturn shows no signs of reversing, according to a Big Six bank. BMO Capital Markets is warning investors that home prices haven’t moved in nearly a decade, once adjusted for inflation. Now in the middle of the largest correction since the 90s, the bank sees inflation accelerating in the coming months, eroding […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Inflation To Surge, BoC Braces For Post-Carbon Tax Normalization Canada’s headline consumer price index (CPI) fell to 1.8% in February, well below the Bank of Canada’s (BoC) 2% target rate. Looking at how this sausage was made reveals the weak CPI […]
Canadian households are sending a sign to the market through their borrowing habits. Statistics Canada (StatCan) data shows household credit made a minor pullback in January, but the amount owed remains close to record highs. However, it’s the underlying growth rates that provide real insight this month—especially for consumer credit. Decelerating growth warns of eroding […]
Canada’s population is shrinking at the fastest pace on record according to Statistics Canada (StatCan). The latest Q1 2026 population estimates reveal the first annual decline ever, driven by a sharp shift in immigration policy. The agency warns the declines will see revisions in the upcoming months as Canada softens its stance on immigration throttling. […]
Canada’s normally calm central bank admitted it has no clue what it should be doing right now. The Bank of Canada (BoC) held its key overnight rate, but made it clear this isn’t the usual sign of confidence in a stable economy. Warning of the threat of dual shocks to energy and global economic growth, […]
Canadian real estate finally saw some positive news—sort of. Data from the Canadian Real Estate Association (CREA) shows home prices climbed in February, marking the first positive move in over half a year. The odds of that climb being noise are even higher than usual, as sales continue to fall and the market reported the […]
Canada’s Consumer Price Index (CPI) fell to 1.8% in February, according to Statistics Canada (StatCan) data. Before the rate-cut cheerleading begins, take note: the headline number has been artificially suppressed by base effects and methodological quirks impacting readings over the past year. February marks the end of the first major one, with the biggest impact […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Mortgage Delinquency Surge Now Resembles US Housing Crash Canadian mortgage delinquencies are climbing in an unexpected segment. Mortgages over $850k hit a 0.52% delinquency rate in Q3 2025, more than double the 0.24% rate for mortgages under $200k. Over two years, […]
