It looks like Canada’s housing market is getting back to its previous hot state, reporting the largest sales gain in October since the beginning of the pandemic market boom. According to the Canadian Real Estate Association, the average price for a home sold via...

The recent report by the Canadian Association of Insolvency and Restructuring Professionals (CAIRP) says the national consumer insolvency rate was down by almost 40% from pre-pandemic levels. However, household debt is still “excessively high.” In the third quarter, insolvencies fell by 7.8% on a...

Amid the latest report pointing to a 30-years-record high inflation in the U.S., many wonder who will start acting first. Over the previous 25 years, the Bank of Canada has raised its key lending rate independent of the Fed during three periods: in 1997-98,...

Last month, the U.S. cost of living reported the fastest annual pace of growth in more than 30 years, with prices for almost everything rising much faster than usual. According to the U.S. Bureau of Labour Statistics, the overall consumer price index was up...

Although housing prices have reached record high levels during the COVID-19 pandemic, Canadians still believe they can rise even higher. According to a recent survey by Yahoo/Maru, 68% of respondents expect real estate prices to keep growing during the next year or two. Québec...