January 2018 – home sales are going down Last month, home sales in Canada went down significantly reaching the lowest mark in 3 years. The main reason for such a decline was a drop in listings caused by an implementation of new mortgage rules, says...

Toronto shows the first home prices increase in half a year In January, Toronto housing market reported its first prices gain in six months. The Teranet-National Bank composite house price index was up by 0.3% from December, while the annual increase reached 8.7%. It’s higher than...

How could new tax reforms in the U.S. affect Canada? Already two large Canadian banks are warning about the possible negative influence on the national economy coming from new tax reform in the U.S. under the Trump government. This week, analysts from TD Bank and CIBC...

How to solve Toronto’s housing market problems? While the federal government keeps trying to cool down the national real estate market, many specialists consider its ways to be a punishment for all for the crimes of several. And a stricter stress test from the Office...

Canada lost 88,000 jobs The latest report by Statistics Canada says the national economy unexpectedly lost 88,000 jobs in January. The main declines were seen in a part-time work sector. It was the largest monthly decrease in 9 years. As a result, Canada’s unemployment rate...