
Home sales expected to rebound as rate cuts begin in 2024, but experts urge caution
December home sales were up 3.7 per cent compared with the same month in 2022, marking the largest year-over-year gain since August. The actual national

Home sales expected to rebound as rate cuts begin in 2024, but experts urge caution
December home sales were up 3.7 per cent compared with the same month in 2022, marking the largest year-over-year gain since August. The actual national

Economists expect December inflation ticked up, trend still points to slowdown
Economists are forecasting Canada’s inflation rate likely ticked up last month, but that isn’t expected to set off alarm bells as long as underlying price

Ottawa hotel among 14 properties Morguard selling for $410 million
A west-end Ottawa hotel is among 14 lodgings Morguard Corp. is selling to an undisclosed buyer for $410 million as part of its plan to

Economists see ‘turning point’ in housing market this year as interest rate cuts loom
After a year marked by caution and shifting expectations spurred by rising borrowing costs, economists believe the Canadian housing market could be in for a

Ottawa-Gatineau’s unemployment rate remains 4.6% in December
Ottawa-Gatineau’s job creation engine stalled in December as the unemployment rate held steady at 4.6 per cent amid slowing economic growth. Statistics Canada said Friday

Rate cuts and a return to growth: What Deloitte sees on the Canadian economic horizon
The Canadian economy will return to growth in the second half of 2024, with interest rate cuts as early as this spring, according to a

‘Darkest before dawn’: Another tough year for office REITs but opportunities may lurk
It’s poised to be another challenging year for office REITs, but some money managers say there could be decent entry points in the sector for

Tim Hortons reveals which three doughnuts will join Dutchie in returning to menu
Canadians who have missed being able to buy blueberry fritters, cinnamon sugar twists and walnut crunch doughnuts at Tim Hortons are in luck.

Odds of another rate hike have fallen, BoC governing council agreed as it held rate
The odds of another rate hike have decreased, the Bank of Canada’s governing council agreed during discussions ahead of its most recent interest rate decision.

Inflation holds at 3.1% in November as progress in tamping down price growth stalls
Canada’s annual inflation rate was unchanged last month, holding steady at 3.1 per cent as progress on tamping down price growth stalled.
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