Featured
On the Trail of Heffalumps and Woozles — Why Policymakers Are Following the Wrong Tracks
Focusing on institutional investors may overlook the real forces driving home prices and rents1 Canada is not alone in its housing affordability challenges. Similar concerns have emerged in the U.K., Australia and the U.S. The U.S. administration has recently put forward a series of proposals aimed at easing affordability pressures. In a recent statement, the…
Read more
December Employment Data Signals Slowing Growth
Canada’s labour market slowed to close out 2025, with employment rising by just 8,200 in December and the unemployment rate ticking up to 6.8 per cent as more people looked for work. The size of the labour pool is challenging to understand: the adult population increased by only 9,900, meaning a large share of employment…
Read more
Where Did the Starter Home Go?
The traditional ‘starter home’ – a modest detached home with a decent yard – has all but vanished from new construction in most of Canada’s urban centers. What first-time buyers can access today is fundamentally different from what was available to previous generations. From 1945 to 1980, starter homes were everywhere. Think post-war bungalows and…
Read more
U.S. Intervention in Venezuela – Implications for Canadian Oil
The U.S. move to oust Venezuelan President Nicolás Maduro has sparked speculation that Washington could look to Venezuelan oil to reduce — or even replace — its reliance on Canadian crude oil imports. In practice, however, such a shift would be both difficult and unlikely. While Venezuela holds nearly 18 per cent of the world’s…
Read more
Fed Resumes Treasury Purchases — But Don’t Call It Quantitative Easing
At its latest policy meeting, the Federal Reserve delivered a widely expected interest rate cut, but the more significant policy development was its move to resume purchases of Treasury securities. The central bank will buy roughly $20 billion in Treasury bills each month, with the aim of ensuring reserve balances grow in line with nominal…
Read more
Untangling Agency Roles to Improve Canada’s National Housing Strategy
Canada’s National Housing Strategy (NHS) is a 10-year, $115+ billion plan launched in 2017 to improve access to safe, affordable, and inclusive housing. Its priorities are to: Improve housing outcomes for people in greatest need Create and renew housing supply across the country Reduce homelessness and core housing need Under the NHS, the federal government…
Read more
Looking Back on a Milestone Year
As we close out 2025, we want to express our sincere thanks for your trust and partnership, not just over the past year, but the past 20. Your support makes it possible for us to continue delivering meaningful impact — helping Canadians achieve their goals and build a stronger financial future. The Year in Review…
Read more
Contact Us
Contact us today to set up an appointment.