News

Economists believe the Bank of Canada may postpone rate increases even in spite of inflation risks

According to certain Bay Street economists, the central bank will probably wait for a longer period of time before raising its key lending rate even despite the fact that inflation exceeds the BoC’s target range and it can have a potential impact on household...
Read more

Canadian banks reported the largest bonuses for their employees in 9 years

The largest Canadian banks’ bonuses were up by 18%, marking the biggest rise in 9 years, as they were fighting for the best talents amid capital markets activity boom. Canada’s six biggest banks set CA$19.1 billion for performance-based compensation during their 2021 fiscal year....
Read more

Real estate prices reach record high level in Toronto once again

November was another record-setting month for the real estate sector of the Greater Toronto Area. According to the recent report by Toronto Regional Real Estate Board data (TRREB), housing sales were up by 3.3% last month on a year-over-year basis, reaching 9,017 transactions and...
Read more

Real estate prices are expected to keep growing in Canada next year

According to the recent forecast from Re/Max, home prices will keep going up in Canada next year, inter-provincial migration will continue, and a restrained supply in certain areas will support prices growth. National real estate prices are expected to rise by 9.2% on average...
Read more

OECD says central banks should keep calm even amid inflation hikes

According to the OECD, central banks need to keep calm amid a slower global economic recovery, the on-going imbalances, and a stronger-than-expected inflation growth. In its new report, the organization said price increases will reach their peak by the end of the year, as...
Read more
Load more
Apply
Now