On Friday, bond yields went down by more than 0.30% amid economic concerns replacing inflation issues. Bond yields, affecting fixed mortgage rates, were down from Thursday’s 3.15% to as low as 2.84%, also marking a large decline from 3.59% reported in mid-June. Such a...

It’s been more than four and a half months since Russia started war on Ukraine. As a result, global financial markets have faced an economic decline and strong expectations of a worldwide recession. The influence of the current war on Canada’s economy is quite...

While Canadians keep suffering from a growing cost of living, the central bank Governor Tiff Macklem warns that the national inflation rate is expected to remain “painfully high” for the rest of 2022. The latest report by Statistics Canada shows that the annual inflation...

The recent report by Statistics Canada shows that consumer price inflation reached a record high level in June since January 1983. Such results will keep pressuring the central bank to follow its aggressive rate-increases path. Last month, the consumer price index was up by...

The latest report by Urbanation Inc. shows that condo rental prices rose at a record pace in the Greater Toronto Area in Q2 2022, following a significant decline in the market supply. According to Urbanation, the average rental price per square foot was up...