In May, the average asking rent across the country was $2,129, a 3.3 per cent decline compared to the same month last year. While the pace of decrease has slowed the overall trend points to easing pressure on renters following several years of steep increases.  The latest report from Rentals.ca…

Recent financial data indicates consumer spending in areas such as groceries, restaurants, and apparel remains strong. In Canada, grocery spending has proven solid, restaurant activity has remained resilient, and apparel sales are holding strong. These patterns point to steady consumer behaviour, even as inflation and interest rates remain elevated. South…

As discussions to forge a new trade and security agreement begin, Governor Tiff Macklem underscored the urgent need for resolution. He warned that if tariffs remain in place, Canadian consumers can expect higher prices in the months ahead. Speaking to the St. John’s Board of Trade, Macklem outlined the broader…

This trend is beginning to ripple through the wider property sector. New analysis from the Canada Mortgage and Housing Corporation (CMHC) highlights growing concern that current market conditions may stall future efforts to expand housing supply. While recent price declines offer short-term respite for buyers and renters in two of…

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…