Bank of Canada

Most consumers and businesses expect recession; views on inflation diverge: BoC

Consumers have become more pessimistic about inflation in the short run, while business expectations for inflation have eased.

CREA reports home sales in typically busy September continued to slow

Residential

Compared with a year ago, home sales in September were down 32.2 per cent and about 12 per cent below the pre-pandemic 10-year average for

Ottawa-Gatineau’s jobless rate ticks up to 4.1% in September as labour force grows

Ottawa

Region is still outperforming most major Canadian cities, with Toronto (six per cent), Calgary (5.2), Montreal (4.9), Edmonton (4.8) and Vancouver (4.5) all posting higher

Canadian economy grew slightly in July, Statistics Canada says

Canada & World

Statistics Canada said Thursday that the economy grew by 0.1 per cent in July, outperforming its preliminary estimate that pointed to a contraction of 0.1

Labour shortage, pandemic savings to soften blow of short-lived recession: report

Canada & World

Tight job market means unemployment might not rise as much as it typically would during a recession, Deloitte says in its latest Canadian economic outlook.

Canada’s inflation rate cools in August but grocery prices continue to climb

Canada & World

In its latest monthly consumer price index (CPI) report, Statistics Canada said grocery prices rose at the fastest rate since 1981, with prices up 10.8

CREA lowers expectations for home sales and price growth for 2022

Residential

In its latest housing market outlook released Thursday, the association said it expects 532,545 properties to trade hands via Canadian MLS systems this year.