News

17 October 2019

About 20% of Canadian homes are purchased by newcomers The recent report by Royal LePage shows that one in five homes in Canada are bought by newcomers. According to the online poll conducted by Leger, which surveyed 1,500 people who moved to Canada during the previous...
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16 October 2019

September 2019 – Canada’s inflation reaches 1.9% due to lower gas prices Last month, the annual inflation rate was 1.9%, marking the second month in a row without changes and staying close to the central bank’s target 2%. According to Statistics Canada, price growth was...
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15 October 2019

Canadian housing market shows a strong recovery Last month, Canada showed another round of strong home sales and prices, reporting increases in most major markets. According to the Canadian Real Estate Association (CREA), home sales were up by 0.6% in September, extending the latest hike which...
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14 October 2019

Happy Thanksgiving Day! The holiday of Thanksgiving has been celebrated in Canada 1957. Traditionally, it’s held on the second Monday of October and represents the possibility to give thanks for the great harvest and many other good things that have happened during the year. Thanksgiving Day...
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11 October 2019

Surprisingly strong job report prior to election, will this put Bank of Canada back in "wait and see" mode? Last month, Canada unexpectedly created 54,000 new jobs, reducing the unemployment rate from 5.7% to 5.5%, says Statistics Canada. According to the report, most of the...
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