Money Talks: Canada’s Paradigm Shift – From Economic Growth to Interest Rates
It has been an eventful year for the Canadian economy: above average growth, steady job creation and a rate hike from the central bank.
Read moreCanada’s Economy Showing Signs of Life
An improving jobs market, higher oil prices and stronger exports all suggest the Canadian economy is on the gradual road to recovery.
Read moreCanada’s Economy Shows Progress as Housing Market Awaits Fallout from New Mortgage Rules
Canada’s economy created 43,900 jobs in October, marking the first back-to-back gains in employment in over a year. On the housing front, real estate sales are diverging between East and West, as markets await the fallout from Ottawa’s new mortgage rules.
Read moreCanadian Housing Market Remains Firm Despite Ugly Second Quarter for Broader Economy
Housing was one of the only bright spots in an otherwise ugly second quarter for Canada’s economy.
Read moreIs Housing Canada’s Last Economic Lifeline?
Canada’s economy is growing at its slowest rate in 60 years, with only housing preventing things from getting worse.
Read moreBank of Canada (BOC) Expected to Keep Rates Low Until 2017, Providing More Fuel for Housing Market
After cutting the benchmark interest rate to 0.5% in July 2015, the Bank of Canada (BOC) has remained largely on the sidelines, as the world’s eleventh largest economy battled plunging oil prices and slowing international demand.
Read moreCanada’s Housing Market Review: March 2016 Edition
Canada’s housing market remained robust in March, as demand for multi-unit dwellings trumped rising unemployment and slower wage growth that could make it more difficult for households to afford homes.
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