Sweeping tariffs could be 3% hit to Canadian economy, even with carve-outs: report
A CIBC report says sweeping tariffs imposed by the U.S. could cost the Canadian economy as much as 3.25 per cent, even factoring in possible
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TD Economics
As inflation ticks lower to 1.8% in December, economists expect further BoC rate cuts
Canada’s annual inflation rate ticked lower in December, thanks in part to Ottawa’s temporary GST tax break, but economists still see interest rate cuts on
Home sales slow in October as many buyers have already ‘gone into hibernation’: CREA
Home sales in Canada last month ticked up on an annual basis but fell 5.6 per cent compared with September as the Canadian Real Estate
Home sales, prices will likely fall in short term but pick up next spring: TD report
A new report by TD Economics predicts Canadian home sales and average prices will fall over the coming months but pick up by the second
BoC holds key interest rate at 5%, keeps door open to more hikes in case of sticky inflation
The Bank of Canada held its key interest rate steady at five per cent today, noting there are clearer signs of the economy cooling and
Inflation likely gained pace in August, economists expect, reversing progress
Economists are forecasting inflation reaccelerated to around four per cent last month, reversing previous progress made as gasoline prices push inflation higher.
Inflation likely slowed again in April, but economists say wage growth a top concern
Canadians’ wages are finally growing faster than prices as inflation continues to ease, but that isn’t necessarily good news for economists.
Average home price to end the year 4.8% lower than 2022, will rise 4.7% in 2024: CREA
The Canadian Real Estate Association expects the average price of a home to end the year 4.8 per cent lower than 2022, but says prices
High gas prices may have curbed downward inflation trend in January: economists
Economists have been encouraged by recent month-to-month trends, which have shown prices have been rising at a slower pace.
Home sales in Canada post worst start to the year since 2009: CREA
The drop came as January sales also fell on a month-over-month basis as they dropped three per cent compared with December.
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