Canada’s taking a break from population growth to work on itself for a bit. Statistics Canada’s (StatCan) latest population growth projections reveal the impact of immigration policies and Millennials reaching their demographic peak. BMO Capital Markets explained to investors that this confirms a “major population growth adjustment,” where growth grinds to virtually zero before gradually […]
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 […]
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 […]
Canadian inflation has been driven by two key pressure points in recent years: shelter and food. Statistics Canada’s (StatCan) data shows shelter inflation is finally cooling, helping to keep the Consumer Price Index (CPI) stable in November. But BMO Capital Markets is warning investors that the other half of the problem is flaring up again—food […]
Canada’s odd surge in housing starts disappeared as fast as it arrived. CMHC data shows starts plunged by nearly a fifth in October, led by weak condo demand. BMO Capital Markets told investors this was largely expected and unlikely to lift prices. Starts remain historically elevated, and a wave of record completions will hit the […]
Despite being upside down, Australia shares a lot of similarities with Canada (besides Monarchs). A new analysis from BMO looks at those similarities, especially around population and inflation, highlighting the fact Canada’s economic drag is much more complicated than just population growth. The bank only walks us to the point of divergence, the Global Financial […]
Canadian real estate sales are picking up but prices haven’t budged, and they aren’t expected to in the near future. BMO Capital Markets believes the Great Canadian real estate stagnation may have just kicked off. Despite a sharp cut to interest rates and normalization of buyer volumes, prices are still moving sideways. Those expecting a […]
Canadian real estate buyers may be disappointed by the lack of relief they got from a supersized rate cut. A new BMO investor memo explains the Bank of Canada (BoC) overnight rate cut only provides relief to variable rate mortgages and HELOCs. Since more popular fixed rate mortgages are cheaper, buyers hoping for a cheaper […]
Canadian politicians are in the holiday spirit and feeling generous with taxpayer funds ahead of election season. This week the Government of Canada (GoC) announced a “holiday” from the GST sales tax, as well as stimulus checks in the coming year. This follows the Ontario government’s announcement of stimulus checks arriving around the same time. […]
Dark clouds are forming over Canada’s economy, but most households are blissfully unaware… for now. A new research note from BMO Capital Markets warns that young adults are facing the “gruesome twosome”—soaring unemployment and unaffordable housing. The combination has created an environment on par with the country’s worst recessions. It’s an issue largely slipping under […]
