High inflation is probably transitory, and central banks should tell people that… but totally be ready in case they aren’t. That’s the take from the IMF today, who released its latest global outlook. The agency said high inflation should ease, and central banks should communicate that message. However, it may not be transitory, and monetary […]
More data from Canada’s national statistics agency shows home builder costs are soaring. The Statistics Canada (Stat Can) residential construction cost index surged higher in Q1 2021. Since the issue is largely material related, the impact is across Canada. Cities like Toronto, with recent building booms, are seeing costs jump the most though. Canadian Home […]
First housing, now everything else. Statistics Canada (StatsCan) numbers show the cost of living is rising faster than anticipated. The Consumer Price Index (CPI), a common measure of inflations, showed a huge jump over the past 12 months. This jump was spread across the country, but Toronto and Vancouver observed even higher than average increases. […]
The Toronto real estate scene appears to be grossly misinformed when it comes to rent controls. Since Ontario announced the Fair Housing Plan, real estate agents, developers, and even politicians have said the province is attacking landlords. You’ve probably heard someone on the news, or even a friend, discuss how the “unfair” the new Rental […]
Canadians didn’t experience the Great Recession, not to the extent that the rest of the world did. Sure, we logged a few quarters of Gross Domestic Product (GDP) declines, but there aren’t all that many heartbreaking stories of loss in Canada. This is often credited to the shrewd moves the Bank of Canada made. Rather […]
Canadian real estate prices are closely related to employment and interest rates. Here’s why we might be looking at employment numbers wrong, and how that may have contributed to a premature rise in interest rates.
Toronto real estate prices are down 9% from peak, and how to use property as an alternative investment – even though it can ruin cities.
The Canadian consumer price index, one of the key indicators of inflation, fell to a 20 month low in June.
Canada saw the consumer price index (CPI) slip, falling to a low for 2017. This could put a hiccup in rising interest rates anytime soon.
Canadian wage growth experienced the slowest annual May increase in more than a decade, with some provinces even showing declines.