On July 15, the Bank of Canada will have its new rate meeting, and many experts don’t expect any changes this time. Economists from a Finders.com panel have different opinions concerning the term of no changes state. Almost half of the panelists expect the...

In June, Canada’s economy added 952,900 new jobs amid massive rehiring as the restrictions were eased. According to Statistics Canada, the increase, following creation of 290,000 jobs in May, reduced Canada’s unemployment rate from 13.7% to 12.3%. Meanwhile, economists predicted a 700,000 gain and...

According to Finance Minister Bill Morneau, the federal government’s deficit will reach $343 billion this year. It’s an extremely large number, mostly caused by COVID-19 related support programs that have led federal spending to a mark we’ve seen earlier only during the Second World...

In June, Toronto saw record high real estate prices, and the Toronto Regional Real Estate Board (TRREB) says it’s not the end yet, as there are many potential homebuyers at the market. According to TRREB, the average home price in the Greater Toronto Area...

Consumer confidence keeps improving in Canada, growing for the tenth week in a row, although at a slower pace already. The Bloomberg Nanos Canadian Confidence Index was up slightly from 46 to 46.2 last week, marking a 10 points increase from a record low...