Recently, the central bank released The Canadian Survey of Consumer Expectations, which focuses on respondents’ views concerning inflation, the labour market and household finances. The poll was conducted during the period from August 17 to September 1, 2020. It should be noted that COVID‑19 cases were up...

The central bank shuts down three emergency programs introduced earlier in order to support financial institutions during the pandemic. The reason is weak demand for those programs, as the situation is improving. On Thursday, the Bank of Canada said that starting with October 26, it will...

Last month, the average cost of a property sold on the Canadian Real Estate Association’s MLS service was up to $604,000, marking a new record and a 17% annual rise. Moreover, it was also the busiest September in terms of the home sales, with an...

When it comes to the national real estate markets with their growing prices and sales, a former Bank of Canada governor Stephen Poloz is “not really” worried. On Tuesday, he pointed to a “K-shaped” economic recovery amid the COVID-19 pandemic. “The top part of...

According to the governor of the Bank of Canada Tiff Macklem, coping with the financial risk from the COVID-19 pandemic is extremely critical now. The BoC keeps an eye on the real estate market amid historically low interest rates. “In addition to it, we’ll also watch...