New study about non-residents home ownership in Canada In 2018, a Canada Mortgage and Housing Corporation survey showed that 68% of Vancouverites believe foreign buyers are pushing home prices higher. A new report says it could be true. According to the report, 19.2% of Vancouver condominiums...

Some economists believe we’re one step away from recession David Rosenberg, chief economist and strategist at Gluskin Sheff + Associates, says the Bank of Canada needs to cut interest rates, as we’re only one step away from a recession. According to Rosenberg, the BoC has to...

Canada’s real estate market and other countries – what are the differences? During the previous year, we’ve seen the Canadian housing market slowing down sharply, facing stricter mortgage stress test and growing interest rates. It also affects the entire national economy, as Canada's GDP growth slowed...

Bank of Canada predicts longer period of economic slowdown than earlier expected According to the central bank Deputy Governor Lynn Patterson, the period of a national economic slump may be longer than earlier expected, pushed by surprising weakness in household spending and investment. However, a...

Bank of Canada predicts longer period of economic slowdown than earlier expected According to the central bank Deputy Governor Lynn Patterson, the period of a national economic slump may be longer than earlier expected, pushed by surprising weakness in household spending and investment. However, a...