Canadian Home Sales Post Best August In Four Years

Latest News Chris Houston 16 Sep

Canadian Home Sales Post Best August In Four Years Today’s release of the August housing data by the Canadian Real Estate Association (CREA) showed good news on the housing front. The number of home sales recorded through Canadian MLS® Systems increased by 1.1% on a month-over-month basis in August 2025. It was the best August for […]

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Weak August Jobs Report in Canada Bodes Well for a BoC Rate Cut

Latest News Chris Houston 8 Sep

Weak August Jobs Report in Canada Bodes Well for a BoC Rate Cut Today’s Labour Force Survey for August was weaker than expected, indicating an excess supply in the labour market and the economy. Employment fell by 66,000 (-0.3%) in August, extending the decline recorded in July (-41,000; -0.2%). The employment decrease in August was mainly due to a […]

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Tariff Turmoil Takes Its Toll

Latest News Chris Houston 30 Aug

Tariff Turmoil Takes Its Toll Statistics Canada released Q2 GDP data, showing a weaker-than-expected -1.6% seasonally adjusted annual rate, in line with the Bank of Canada’s forecast, but a larger dip than the consensus forecast. The contraction primarily reflected a sharp decline in exports, down 26.8%, which reduced headline GDP growth by 8.1 percentage points. Business fixed […]

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Good News on the Housing Front As Sales Rose 3.8% m/m in July

Latest News Chris Houston 20 Aug

Canadian Homebuyers Return in July, Posting the Fourth Consecutive Sales Gain Today’s release of the July housing data by the Canadian Real Estate Association (CREA) showed good news on the housing front. Following a disappointing spring selling season, National home sales were up 3.8% in July from the month before, with Toronto seeing transactions rebound […]

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Canada’s July Labour Force Survey Was the Weakest Since 2022

Latest News Chris Houston 11 Aug

Canada’s July Labour Force Survey Was the Weakest Since 2022 Employment fell by 40,800 jobs in July, a weak start to the third quarter, driven by decreases in full-time work, with most of the decline in the private sector. The jobless rate held steady at 6.9%, even though the number of unemployed people fell. The monthly […]

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Bank of Canada Holds Rates Steady As Tariff Turmoil Continues

Latest News Chris Houston 31 Jul

Bank of Canada Holds Rates Steady As Tariff Turmoil Continues As expected, the Bank of Canada held its benchmark interest rate unchanged at 2.75% at today’s meeting, the third consecutive rate hold since the Bank cut overnight rates seven times in the past year. The Governing Council noted that the unpredictability of the magnitude and […]

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Canada’s Economy Shows Amazing Resilience in June

Latest News Chris Houston 12 Jul

Canada’s Economy Shows Amazing Resilience in June The Canadian economy refuses to buckle under the weight of tariff uncertainty and further potential tariff hikes. The Labour Force Survey, released this morning for June, showed a surprising net new job gain of 83,100 positions, the most significant number of jobs this year. A whopping 84% of […]

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