Economists expect July inflation data to set the stage for more rate cuts
Canada’s inflation rate likely took another dip last month, according to economists who expect the Bank of Canada to continue cutting interest rates throughout the
CMHC reports annual pace of housing starts in April down 1% from March
Canada Mortgage and Housing Corp. says the annual pace of housing starts in April edged down one per cent compared with March.
Annual pace of housing starts in Ottawa-Gatineau up 17% in March: CMHC
Ottawa-Gatineau’s annual pace of housing starts increased 17 per cent last month compared to February, the Canada Mortgage and Housing Corp. says.
Spring housing market surge unlikely as affordability, cost of living weigh on buyers
After five straight holds of the Bank of Canada’s key interest rate that followed its hiking cycle of more than a year, economists say a
Canada averts recession with meagre growth in Q4, consumers and businesses pinched
The Canadian economy continues to beat recession fears, posting modest growth in the fourth quarter even as high interest rates weighed on consumers and businesses.
January home sales rise as markets tighten but prices still softening: CREA
The Canadian Real Estate Association says January home sales jumped 22 per cent compared with a year ago, the largest year-over-year gain since May 2021.
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
BoC holds key interest rate steady as speculation shifts to timing of rate cuts
The Bank of Canada continued to hold its key interest rate steady at five per cent today, encouraged by evidence that higher rates are helping
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