Canada’s inflation rate slowed by more than expected last month after a sales tax break rolled out of yearly comparisons. By Nojoud Al Mallees (Bloomberg) — Canada’s inflation rate slowed by more than expected last month after a sales tax break rolled out of yearly comparisons. Headline inflation fell to 1.8% in February from 2.3% […]

A cooling housing market has been good news for those looking to buy their first home, but for homeowners looking to move up the property ladder, the slowdown is more of a mixed blessing. By Craig Wong, re posted from the Canadian Mortgage Trends website If you need to sell a home and buy another, […]

The management of one crisis often creates another. That was the case during the COVID-19 pandemic when central banks cut interests rates to almost zero in the hopes that they could keep a generational health crisis from becoming a spiralling economic crisis. Between late March of 2020 and February of 2022, the Bank of Canada’s […]

Canadian banks are set to report first-quarter results that analysts expect will show an earnings boost from trading as well as muted loan growth amid a still-tepid housing market. By Ian Bickis Banks have been able to drive their earnings higher in recent quarters despite economic headwinds as their capital markets divisions have benefited from […]

The country’s housing market was stone cold in January and the Canadian Real Estate Association is blaming the weather – or at least the weather in parts of southern Ontario. Record setting snowfalls and ferociously cold temperatures appear to have kept house hunters indoors. Seasonally adjusted sales were down nearly 6.0% in January compared to […]

The province’s new program lets eligible first-time buyers purchase with just two per cent down through select credit unions, but brokers warn the trade-offs could limit flexibility and increase long-term costs. Nova Scotia’s new pilot program to help first-time homebuyers enter the housing market is drawing national attention, as industry experts assess how the initiative […]

The Canada Mortgage and Housing Corp. says it sees signs of financial stress among homeowners in Toronto and Vancouver, with missed mortgage payments projected to steadily increase. First-time buyers who purchased during the COVID-19 pandemic when interest rates were lower also show greater signs of vulnerability. Figures from CMHC show that while missed mortgage payments […]

Real estate activity in the Vancouver area got off to a slow start this year as residential sales in the region totalled 1,107 last month, down 28.7% from January 2025. Greater Vancouver Realtors says the number of properties that changed hands was also 30.9% below the 10-year seasonal average. The composite benchmark price for all […]

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. Major economies around the world continue to show resilience to US trade protectionism, but uncertainty is still high. In the United States, economic growth is being supported by strong […]