The latest report by Statistics Canada shows that the annual pace of inflation cooled last month, marking the strongest slowdown since April 2020. According to recent data, the consumer price index rose by 5.2% in February on a year-over-year basis, following an increase by...

On Sunday, some of the world’s largest central banks came together in order to implement measures aimed at stopping a banking crisis from spreading, as Swiss government persuaded UBS Group AG to buy rival Credit Suisse Group AG. According to the deal terms and conditions, UBS...

When in 2022 interest rates reached their highest level in more than ten years, many Canadian homebuyers were forced to leave the market and postpone their purchase. However, a new report by Royal LePage shows that most of them are planning to return to...

According to RBC economists, the Canadian economy will face a recession in the second and third quarters of 2023. It’s a more specific timeline than in case of RBC’s previous forecasts, even though the national economic growth “has turned out to be more resilient than...

The latest report by the Canadian Real Estate Association (CREA) shows that home sales were up by 2.3% in February on a monthly basis, even despite an ongoing decline in new listings. Meanwhile, the number was down by 40% from a year ago, when...