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One of the hottest real estate markets in the world is cooling down

Last month, Canada’s housing sales were down from April, marking the second monthly drop in a row. It looks like buyers and sellers decided to calm down at least slightly amid mad market activity, which has put Canada into the list of the hottest...
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Canadian cities go down in the list of the world’s most liveable places

The recent Global Liveability Index by Economist Intelligence Unit (EIU) shows that no Canadian city has made it to the world’s top 10 most liveable cities. It’s the first time such thing happens in almost 20 years. According to the poll, conducted between February...
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Canada needs a “right to disconnect”, affected by the pandemic, remote work and hyper connectivity

Over a few previous years, we’ve seen debates on the way work leaks into private life coming true, as smartphone technologies make it possible to remain online almost everywhere 24/7. As a result, workers often feel they have to respond to work messages even...
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Bank of Canada considers a recent inflation hike to be temporary

It looks like the central bank’s officials aren’t worried about the latest inflation hike, considering it to be the result of temporary factors. According to Deputy Governor Tim Lane, the increase in Canadian inflation, exceeding 3%, was one of the main issues discussed by...
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Bank of Canada keeps its overnight rate unchanged

Today, the Bank of Canada decided to keep its key lending rate unchanged once again and maintained the pace of bond purchases. Such a decision increases the odds for one more reduction in emergency stimulus in July. The Governor Tiff Macklem kept the BoC’s...
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