Canada’s economy was already unraveling before the immigration boom, according to CIBC Economics. A new report from the bank argues the downturn was inevitable—cheap credit masked deeper structural issues, and the post-pandemic recoil would have occurred in any event. The bank suggests the non-permanent resident (NPR) boom may have softened the economic damage, not amplified […]
Canadian entrepreneurs are building the future—they just aren’t building it in Canada. A new study warns the country’s startup scene failed to recover post-pandemic, with Canadian-educated founders increasingly creating jobs elsewhere. The authors blame rising domestic friction and call for cultural and financial incentives to reverse the trend. But the report overlooks the biggest hurdle […]
The Bank of Canada (BoC) is betting on cheaper credit reviving a slowing economy further hit by trade shock. It cut the overnight rate at today’s meeting, a move widely expected as exports fall, investment retreats, and the labour market softens. The central bank hopes easing will support demand and jumpstart investment—but does history support […]
Canadian governments are borrowing like a pandemic just broke out—and banks are snapping up the debt at historic levels. Statistics Canada (StatCan) data shows net issuance of government securities surged in Q2 2025, marking the biggest quarter since pandemic supports peaked. More concerning: domestic banks are absorbing the demand, a pattern rarely seen outside of […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Is Crashing At One of The Fastest Rates Ever Canadian real estate is in the middle of one of the sharpest corrections on record. Real home prices have dropped 24.2% since Q1 2022, making it the second-deepest decline ever, […]
The Canadian economy was cruising smoothly until this year, but its landing is now looking choppy. National Bank of Canada (NBF) economists are warning investors that the economy slipped into excess supply in Q2. The Big Six bank sees this problem continuing into Q3 with job creation drying up, GDP contracting, and investment fleeing into […]
Canada isn’t ready to use the R word to describe its economy, but the latest GDP data makes it hard to avoid. Statistics Canada (StatCan) reported the economy contracted in Q2, dragged down by falling exports and slumping business investment. What little growth remained came from residential real estate. The only reason GDP didn’t fall […]
The kids are not alright, according to a new report from one of Canada’s Big Six banks. Statistics Canada (Stat Can) data shows the youth unemployment rate saw a sharp uptick in July, and has climbed to the highest level since 2010 (excluding pandemic). BMO notes that rising unemployment is typical in a recession, but […]
Time for your cheat sheet on this week’s top stories. Canada’s GDP Lags OECD As Immigration-Led Growth Strategy Backfires Canada’s plan to grow its economy with population stimulus has been counterproductive. Population growth increases aggregate demand, except when the pace is too fast. This produces inflation for necessities, diverting disposable income from other areas of […]
Canada’s big bet on lofty immigration targets was meant to boost GDP. But it flopped—OECD data shows Canada’s growth lagged the 38-country average. The strategy didn’t just fail to deliver; it left Canada trailing its advanced economy peers. Canada Led The OECD for Population Growth, Used Immigration As Stimulus Canada made a big bet on […]
