Canada Mortgage and Housing Corp. (CMHC) is getting ready for more influences the COVID-19 pandemic will have on the national real estate market. According to the Corp., the housing market will have to deal with strong short-term uncertainty and lower demand for real estate...

A large number of Canadians say that official inflation numbers don’t actually reflect the real burden of the growing costs they are facing, says Lawrence Schembri, deputy governor at the Bank of Canada. According to him, this perception difference will probably affect the central bank’s...

Getting an access to your first credit is one of the most important moments in everyone’s life. It turns out you can purchase something without your own money, and once you start doing it you are being watched. Your credit score ranging from 300...

So how strong could be an impact from the COVID-19 reduction of immigration on Canada’s economy? According to the recent report by RBC Economics, we’ll hardly see a near-term rebound of immigration, as the slowdown may last for many months ahead. RBC believes that...

According to Altus Group, there will be a 5.2% drop in renovation spending this year. And we are talking about a segment larger than new home construction. The main reason for such a decrease is the COVID-19 pandemic. Peter Norman, chief economist at Altus...