The Bank of Canada left its overnight lending rate unchanged at 2.25% on July 15, signalling that while the economy is beginning to recover, policymakers remain cautious amid persistent inflation risks and ongoing uncertainty. After months of economic headwinds driven by tariffs, heightened global uncertainty, and slower population growth, the Bank said there are growing signs that Canada's recovery is gaining traction. Even so, labour market conditions remain subdued, with t

The Bank of Canada kept its benchmark interest rate at 2.25 per cent this week for the fifth consecutive time. While the decision offers short-term stability, it does little to reduce uncertainty for homeowners and prospective buyers. The central bank indicated that all options remain on the table in the months ahead. If rising oil prices linked to conflict in Iran begin driving broader inflation, rates could move higher. On the other hand, a weakening economy caused by ongoi

The Bank of Canada has chosen to hold its policy rate at 2.75 per cent for the third consecutive time, reflecting uncertainty around...

In many parts of Canada, the top combined federal and provincial personal income tax rates exceed 50 per cent, even reaching around 54...

Canada’s employment data is painting a bleak picture of the economy. According to Statistics Canada’s Survey of Employment, Payrolls and...

In recent years, the issue of rent arrears has become increasingly significant for housing providers. Data from 2020 to 2024 reveals a...

Canada’s rapid population growth, driven by record-high immigration levels, has raised concerns about housing affordability. However,...

Canada’s productivity has lagged behind the U.S. since the 1980s, with the Canadian economy now about 30% less productive. This gap...

High housing prices are prompting many Canadians to consider relocating to more affordable areas. According to a recent Royal LePage...

In April, Canada saw a significant rise in the number of houses for sale, signaling a calmer housing market. BMO’s chief economist,...

Ontario Premier Doug Ford's recent pledge of $543 million to the city of Ottawa has sparked enthusiasm and anticipation, heralding what...

In the realm of Canadian housing discourse, the predominant solutions often orbit around immigration reform and massive construction...

The upcoming federal budget is set to allocate over $600 million toward innovative initiatives in homebuilding aimed at expanding the...

Budget Calculations Ontario's finance minister is gearing up to unveil the budget on Tuesday, facing pressure to address the escalating...

Ontario's Finance Minister has announced that the province's next budget, scheduled for March 26, will not include any tax increases....

Canada's federal budget, slated for next month, is poised to allocate significant funding towards housing initiatives, announced Housing...

Gasoline prices have recently increased by an average of two cents per litre across Canada, with experts predicting further hikes as...

As Canada's housing market continues to be a topic of interest and concern, one key aspect that often garners attention is the impact of...