Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian GDP Now Shows Recession, BMO Says Not Quite Canadian GDP surprised the market by falling for a third time in the past year. Real GDP fell 0.1% annualized in Q1 2026, meaning the economy now fits the traditional definition of a […]
The Canadian economy is officially in a technical recession, but at least one Big Six bank says we’re not there. At least, right now. Statistics Canada (StatCan) data shows real gross domestic product (GDP) fell in Q1 2026. BMO Capital Markets told investors the data will fuel a technical recession debate, but argued the R-bomb […]
Canadians aren’t exaggerating when they complain about this job market—hiring hasn’t been this weak in almost a decade. Statistics Canada (StatCan) data shows fewer job vacancies in March than last year. Those looking for employment face the weakest vacancy rate in nearly a decade, a red flag for the whole economy. Take This Job & […]
Canada just saw one of its biggest months on record for new businesses, but just as many shut down. Statistics Canada (StatCan) data shows the number of active businesses fell in February, with the country seeing the fewest since October 2023, a 28-month low. This isn’t a one-off issue: new firms over the past year […]
The Canadian economy just got another warning—businesses are closing at one of the fastest rates on record. Statistics Canada (StatCan) data shows business closures surged in January. The sharp uptick in closures has left the country with the fewest businesses in over two years. Canada Saw 1 In 20 Businesses Close Their Doors In January […]
Transit access has long been one of the biggest drivers of Canadian real estate value, but does that always make sense? Statistics Canada (StatCan) data shows public transit revenues have recovered to 2019 levels, but ridership hasn’t. Most experts dismiss this as a temporary dip that will resolve in the near future. However, what they’re […]
