Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian GDP Growth 23% Smaller Than BoC Forecast Just 2 Days Ago Canada’s economy is shrinking, according to the latest data from Statistics Canada. Real GDP was flat in November, following a 0.3% drop in October. As a result, the agency expects […]
Canada’s economy stumbled in November, with Statistics Canada (StatCan) data showing flat growth. Not much of a drag, but enough that it shaves nearly a quarter of the growth the Bank of Canada forecast just a few days ago. For national data, that’s not noise—it’s a massive gap, and the most likely explanation raises more […]
The Canadian economy is doing better than expected, and things will slow but be fine. That’s the takeaway one gets reading the summary of the Bank of Canada’s (BoC) January Monetary Policy Report (MPR). However, a dive into the full 44-page report reveals that narrative is a statistical mirage, supported by contradictory data points the […]
Canadian household debt isn’t just a risk to overindebted borrowers, but a growing risk for financial stability. That’s one of the key takeaways from the IMF’s latest report on Canada, which finds the financial system resilient overall. However, the agency flags elevated household debt as a vulnerability to the broad economy that risks amplifying future […]
Canadian real estate developers are sitting on a record pile of unsold new homes. CMHC data shows completed and unsold new homes hit a record in December, a rare sight in a country where most units are sold pre-construction. Even more surprising is that half of these vacant new homes are in Toronto and Vancouver, […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadians Are Leaving In Record Numbers, Most Are Prime-Aged Workers Emigration, permanent residents or citizens leaving, reached a record high in 2025. A demographic breakdown reveals it’s even worse than it sounds, as most are prime-aged workers aged 25 to 49. Being […]
Canadian households are piling on debt, but it may not be the usual sign of confidence. Statistics Canada (StatCan) data shows household credit hit a record high in November. Rising credit use can be a sign of economic health, but not when paired with accelerating inflation and soaring borrowing costs. The combination paints a picture […]
Canada hasn’t seen this many businesses planning to downsize in a decade, as they try to curb rising costs. That was the general takeaway from the Bank of Canada’s (BoC) latest Business Outlook Survey (BOS) for Q4 2025. Firms aren’t just bracing for a slowdown and hiring freeze, but the share of firms expecting staff […]
Temporary factors have muted inflation, but they’re starting to fade. Statistics Canada (StatCan) data show the Consumer Price Index (CPI) accelerated in December. Excluding gas sends the value soaring, hitting the Bank of Canada’s upper bound. One bright spot is the slowdown in shelter costs, but the distribution was uneven. Only homeowners are seeing slowing […]
Canadian real estate prices haven’t fallen much, but the value of the loonie has. BMO Capital Markets warns inflation-adjusted home prices have rolled back almost a decade. In a research note to investors, the bank explains that fundamentals are returning. Weak sales may be less about affordability and more about generational hesitance. Canadian Real Estate […]
