Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Housing Affordability Improves, Still Near 90s Peak: RBC RBC data shows housing affordability has improved for a seventh straight quarter. The bank estimates a median household needs to spend 53.2% of its disposable income on ownership costs in Q3. If that […]
Canadian GDP just hit reverse, a move that conflicts with the quarterly boom at first sight. Statistics Canada (StatCan) data shows GDP fell sharply in October—enough to erase months of gains. The reversal leaves the economy with the broadest erosion of industry since the pandemic, and it’s not just a blip. Canada’s economy is undergoing […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Nears End of 60-Year Cycle—Transit Use Is The Risk Sign The decline of public transit use in Canada is a bigger sign than many realize. Since 2020, revenues have returned to normal but ridership hasn’t recovered—even with the addition […]
The Canadian economy expanded faster than analyst forecasts, but it isn’t what it seems. Statistics Canada (StatCan) data shows Gross Domestic Product (GDP) saw unusually large growth in Q3. It sounds like good news, but diving into the data revealed the surge was entirely due to superficial accounting mechanics. Compounding the problem further—the agency warns […]
Canada’s odds of recession remain above 1 in 3, according to the Bank of Canada’s (BoC) Market Participants Survey (MPS) for Q3 2025. The survey of banks, asset managers, and investment firms shows markets still expect a downturn within 6 months—and optimism is eroding even among the most upbeat respondents. Markets Give 1 In 3 […]
The Bank of Canada (BoC) cut its overnight rate by 25 basis points to 2.25% this morning, citing weak investment and falling demand. It also reminded Canadians that monetary policy is meant to keep inflation low and stable—then promptly put that on the sideburner. The BoC warned that monetary policy won’t fix the current headwinds, […]
Canada’s private-sector business environment is worse than headline data suggests. Statistics Canada (StatCan) data shows active businesses were little changed in July, but a closer look reveals the economy has seen big changes. Active business growth is increasingly concentrated in sectors dependent on public spending. The headline data has obscured reality, masking a sharp erosion […]
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 […]
