Inflation Rate Slips to 2.3 per cent

The result came as a modest surprise to economists, many of whom had expected inflation to hold steady. The primary driver behind the slowdown was a sharp drop in gasoline prices. Pump prices were down 16.7 per cent compared with January last year, placing notable downward pressure on the headline…

Few Economic Improvements Expected in 2026

The Bank of Canada is pointing to three big forces reshaping the economy: growing U.S. protectionism, rapid advances in artificial intelligence, and much slower population growth. Together, these changes are expected to weigh on growth for some time. The central bank is signalling that while the economy may eventually become…

Canadian Job Market Becoming Harder to Read

A new economic report suggests Canada could actually lose jobs over the coming months while the unemployment rate still falls. This scenario sounds reassuring on the surface, but masks deeper changes that matter to families planning their finances. At the heart of this shift is demographics. Large numbers of baby…

Audit Shield claims activity across Canada Jan – Dec 2025

Accountancy Insurance claims activity across Canada for the period 1 January 2025 to 31 December 2025 demonstrates a continuation of established compliance patterns, with personal tax review programs and corporate post assessment processes again comprising the bulk of claim volumes. The CRA and other relevant government revenue agencies maintained a…

Canadian Home Sales Decline in 2025

According to the Canadian Real Estate Association, total residential transactions fell by nearly 2 per cent last year, reflecting a slowdown driven largely by trade-related uncertainty and affordability pressures earlier in the year. CREA reported that approximately 470,314 homes changed hands in 2025, down from the previous year. The association…

Rise in Imports Otherwise Destined for the US

As global trade tensions reshape supply chains, Canada is seeing a surge in imports that would traditionally have been sold into the United States, while Canadian exporters face growing challenges south of the border. According to new figures from Statistics Canada, exports to the U.S. made up just over 67…

Bank of Canada Holds Interest Rates Steady

The central bank believes this rate is well-positioned to guide the economy through its current transition while helping inflation stay close to its two per cent goal. Despite the steady rate, officials still acknowledge that uncertainty is high. Ongoing trade tensions with the United States remain a major concern, especially…

Canada’s Economy Shows Unexpected Strength in Q3

A substantial rise in defence-related expenditure was the primary contributor to the stronger result. Government investment in weapons systems surged sharply during the quarter, aligning with Ottawa’s long-term commitment to increase defence spending as part of broader NATO obligations. This boost provided an immediate lift to GDP, complemented by stronger…

Easing Inflation Rate Offers Breathing Room

The slowdown was widely expected by financial analysts, and much of the relief came from cheaper fuel. Petrol prices dropped sharply compared with the same time last year, helping pull the overall inflation rate lower. But while the headline figure looks encouraging, the broader picture is more complicated. When petrol…

Canadians More Confident About Their Finances

According to IG Wealth Management’s latest Financial Confidence Index, personal financial confidence has risen above its long-term average for the first time since 2021. The findings highlight a growing divide between how Canadians view their individual finances and how they perceive the economy as a whole. Inflation, high interest rates,…