Canada has never embraced economic inequality to the extent it has over the past few years. Statistics Canada (Stat Can) data shows the household income gap continued to widen in 2024. A result of policies that favor one group at the expense of another, the income gap indicates rising household inequality. Rising income inequality has […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada Is Saving Its Real Estate Bubble By Creating A Rental Bubble Canadian rental prices are again resuming their climb, but not in the expected segments. More affordable purpose-built rentals have seen price growth surge, almost closing the gap between condo apartment […]
The Canadian dollar, a.k.a. the Loonie, has been losing ground against the US Greenback since 2021. The erosion accelerated when the US administration threatened tariffs, but a new report reveals that reality is better than expectations. A new analysis from BMO Capital Markets explained to investors that the Loonie has regained the ground lost against […]
Canada is seeing weak home sales, slowing population growth, and economic uncertainty. It’s the perfect recipe for… higher rental prices? A new report shows that rental prices made a sharp jump in March, amplifying already accelerated growth in small cities and traditionally cheaper purpose-built rentals. It’s a little weird to see Toronto and Halifax rental […]
Maybe next year? Canadian renters are hitting pause on their plans to buy a home in the next 12 months, according to a Bank of Canada (BoC) consumer survey in Q1 2025. Following a quarter of record buying intentions, the share looking to buy this year made the sharpest quarterly decline on record. The combination […]
Canadians are increasingly divided on where the country’s economy is heading in a year. The Bank of Canada (BoC) released the results of its Q1 2025 Consumer Outlook Survey (COS) showing a record share of households fear losing their job. Over 1 in 5 consumers believe they will lose their job within the next 12-months, […]
Canadian business uncertainty is riding high but reality may not be as bad as expected. The Bank of Canada (BoC) released the results of its quarterly Business Outlooks Survey (BOS) for Q1 2025, revealing a sharp decline in the country’s future GDP growth. A report from BMO warns this erosion in expectations is very real, […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Atlantic Canada & Prairies To Be Hit Hard By China’s Tariff Retaliation: RBC Canadians are so focused on the American-induced trade war they likely forgot they started one with China a few months prior. RBC warns that China has finally retaliated to […]
Canada’s trade war with the world’s largest economy is a serious threat to its stability. In fact, it’s such an economic threat that almost no one is paying attention to another significant one—the trade war with the world’s second-largest economy, China. RBC Economics warns that China has finally responded to Canada’s import tariffs on Chinese […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Bank of Canada Squandering Its Ability To Respond To Trade War: Scotiabank One of Canada’s Big Six banks is warning the central bank is blowing its ability to respond to a trade war. Scotiabank economists wrote to investors warning the BoC’s recent […]
