Condos push Canada’s building sector to its activity peak The previous year was one of the strongest for the Canadian housing developers as we saw the largest number of starts in ten years on the wave of a growing demand. According to Canada Mortgage and Housing...

A rate increase next week isn't a done deal Although all Canadian largest banks expect a rate increase next week, in case the Bank of Canada decides to keep the rate unchanged, there could be several reasons for that, including modest inflation and...

Canada’s biggest banks expect a rate hike on January 17 Five out of six biggest Canadian banks expect the central bank to raise its key lending rate this month, as the unemployment rate fell to its lowest level in a long time. Bank of Nova Scotia,...

Canada’s jobless rate falls to the lowest level since 1976 In December, Canadian economy created 79,000 new jobs, exceeding all the forecasts and pushing the unemployment rate to its lowest level since 1976. According to Statistics Canada, the jobless rate fell by 0.2% to 5.7%, which...

Is the provincial government responsible for home sales decline in Toronto? Toronto Real Estate Board (TREB) says it’s the provincial government's fault that 2017 was quite "volatile", with sales going down by more than 18%, although prices for detached houses falling. According to TREB, there were...