Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada To Become A Dystopian Nightmare, Households Will Flee: Gov Report Canada is heading in the direction of becoming a dystopian nightmare. That was the take from a new report from Horizons Canada, the Government of Canada (GoC) agency in charge of […]
Canada’s labor market has eroded fast since the glory days of the pandemic, and it may get worse soon. Statistics Canada (Stat Can) data shows the job vacancy rate for February came in at nearly half its peak rate just a few years ago. BMO Capital Markets warned investors this problem is combining with elevated […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Income Inequality Hits A High, Economic Mobility Disappears Canadian households are seeing the gap between the rich and poor widening very fast. The gap between the top and bottom 40% of households, known as the income gap, has expanded to 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 […]
Canada’s central bank did something it hasn’t done in a while—nothing. The Bank of Canada (BoC) held its key policy rate at this morning’s monetary policy announcement. It was the first time in a year that rates weren’t slashed, and follows the most aggressive easing cycle since the Global Financial Crisis. The BoC held primarily […]
Canadian real estate demand is nearing historic weakness but it doesn’t appear buyers have noticed. Canadian Real Estate Association (CREA) data shows home prices inched higher in March, hitting a multi-month high. At the same time the market has seen sales fall to the lowest level in over a decade, while inventory climbed and pushed […]
Canada has never embraced economic inequality to the extent it has over the past few years. Statistics Canada (Stat Can) data shows the household income gap continued to widen in 2024. A result of policies that favor one group at the expense of another, the income gap indicates rising household inequality. Rising income inequality has […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada Is Saving Its Real Estate Bubble By Creating A Rental Bubble Canadian rental prices are again resuming their climb, but not in the expected segments. More affordable purpose-built rentals have seen price growth surge, almost closing the gap between condo apartment […]
The Canadian dollar, a.k.a. the Loonie, has been losing ground against the US Greenback since 2021. The erosion accelerated when the US administration threatened tariffs, but a new report reveals that reality is better than expectations. A new analysis from BMO Capital Markets explained to investors that the Loonie has regained the ground lost against […]
Canada is seeing weak home sales, slowing population growth, and economic uncertainty. It’s the perfect recipe for… higher rental prices? A new report shows that rental prices made a sharp jump in March, amplifying already accelerated growth in small cities and traditionally cheaper purpose-built rentals. It’s a little weird to see Toronto and Halifax rental […]
