The decision reflects growing uncertainty around U.S. trade policy and signs of economic resilience. The hold was anticipated by most economists, but market reactions were mixed. The central bank’s cautious approach comes as Canadian policymakers assess the fallout from escalating tariff tensions with the United States. These trade disputes, largely…

A recent report from Royal LePage highlights how shifting economic conditions, evolving attitudes toward home ownership, and changing demographics are all influencing this trend. According to the report, nearly 30 per cent of Canadians planning to retire in 2024 or 2026 expect to do so with outstanding mortgage obligations. This…

According to data from the Teranet-National Bank House Price Index, the national market fell by 1.5 per cent last month. The figures signal mounting pressure on the housing market, driven by economic instability, modest population growth, and potential sustained high interest rates. The decline has affected condominiums and other residential…

According to the Canadian Real Estate Association (CREA), only 44,300 residential properties changed hands last month. This is down from 49,135 in April 2024. On a month-over-month basis, sales fell a modest 0.1 per cent, continuing the trend of cautious consumer behaviour in the real estate market. The slowdown comes…

The meeting brought both cordial gestures and moments of underlying tension as Trump floated the idea of Canada becoming the 51st state of the United States. Carney ran his election campaign with a strong focus on defending Canadian sovereignty and standing up to the unpredictability of the Trump administration. That…

A recent analysis by the Financial Accountability Office of Ontario (FAO) indicates that newly imposed U.S. tariffs could lead to significant job losses. The trade war may also slow economic growth and increase consumer prices across the province. The FAO projects that Ontario could lose approximately 68,100 jobs in 2025…

His comments underscored ongoing tensions between the United States and Canada over automotive trade, even as his administration claims to be working toward a broader economic agreement. Earlier this month, the Trump administration imposed a 25 per cent tariff on all automobile imports into the U.S. While the Canada-United States-Mexico…

The decision reflects a cautious stance by the central bank, as it waits for more clarity on evolving U.S. trade policy and the potential impact of global tariffs. The choice to hold the rate steady comes amid signs of economic weakness. Canada’s economy has slowed notably, with household spending and…

According to a report from the Bank of Montreal, the ‘Buy Canadian’ movement could provide a meaningful boost to the Canadian economy. Such a boost could potentially add around $10 billion annually and support economic growth. This consumer shift reflects behavioural economics in action. BMO estimates the movement could add…

The survey was conducted by Vancouver-based lending firm Spring Financial, with an online survey polling 1,500 Canadians. 74 per cent of respondents felt uneasy due to ongoing tariff threats. This figure rose to 80 per cent among Generation Z participants and those earning under $50,000 annually. Economic tensions between Canada…