Industry insight

Increasing Mortgage Rates Weighed Heavily On Housing In September Mortgage rates continued to rise in September after BoC tightening and one of the largest bond

Another Strong Jobs Report Tests BoC’s Patience Canadian employment rose by a whopping 63,800 in September, tripling market expectations. The underlying data put the strong

August Inflation Hotter Than Expected Canada’s inflation rate accelerated more than expected for the second consecutive month, mainly driven by higher gasoline prices. This will not

Home Sales Dipped Once Again Last Month In The Wake of Two Consecutive BoC Rate Hikes Not surprisingly, buyers moved to the sidelines last month

Posted on September 8, 2023 AUGUST JOBS REPORT BEAT EXPECTATIONS Following a marked decline in employment in July, Statistics Canada reported a gain of 40,000

It’s a Close Call Which Way the Bank Will Go Employment growth last month came in at a whopping 60,000 jobs, tripling expectations, and most

Will the May Inflation Decline Thwart Another Rate Hike in July? The May inflation data, released this morning by Statistics Canada, bore no surprises. The

Strong May Housing Triggered BoC Rate Hike The Canadian Real Estate Association says home sales in May rose 5.1% month-over-month (m/m), adding to the 11.1%

May’s Softer Labour Market Data Ended The Longest Run Of Job Gains Since 2017 Ironically, the May Labour Force Survey showed a modest slowdown two

Holy Smokes, The Bank of Canada Means Business If there were any doubt that the Bank of Canada wanted inflation to fall to 2%, it