Top Stories

This Week’s Top Stories: Canadian Real Estate Slowdown Is Just Getting Started & “This Time Is Different”

Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Cooldown Is Just Getting Started: BMO Slowing Canadian real estate sales are dragging renovation spending lower. An analysis from BMO Capital Markets shows renovation retail spending has begun to fall. Both segments are still elevated but rate hikes are […]

Global

This Time Is Different, Central Banks Are Tightening Into A Bear Market: Oxford Econ

Advanced economies replicating the same monetary policy mistakes are facing monster inflation. Now with additional external pressures driving inflation even higher, policy is tightening as the economy deteriorates. That’s the opposite of what usually happens, warns global forecasting firm Oxford Economics. Typically as the economy slows, rate cuts help to craft a soft landing. This […]

Top Stories

This Week’s Top Stories: Canadian Real Estate’s 40-Year Tailwind Is Over & Banks Prepare For Big Drops

Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate’s Nearly 40-Year Tailwind From Lower Rates Is Reversing: BMO The low rate tailwind boosting Canadian real estate over the past 40 years is coming to an end. The Bank of Canada estimates recent buyers will be renewing mortgages around […]