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July brought weaker activity for Toronto real estate market

The frenzy that led Canada’s biggest real estate market to unseen activity only a few months ago has waned sharply, with July prices growth and home sales going down in Toronto. According to the Toronto Regional Real Estate Board (TRREB), there were 9,390 home...
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How Canadian business leaders see the return to offices

More than year ago, millions of Canadian employees had to switch to working from home because of the COVID-19 pandemic. And although it’s not over yet, certain companies start thinking about when to get back to offices, whether it’s necessary at all, and how...
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Toronto shows record sales of new condos

The Greater Toronto Area shows the third-highest quarterly sales number at a new construction market, pointing to a full recovery after the COVID-19 pandemic hit. According to the latest report by Urbanation, there were 9,001 new condo sales in the GTA in the second...
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Canada’s economy shows optimistic pace of recovery

The second quarter of 2021 saw Canada’s economy returning to optimistic results, as vaccine-supported reopenings led to stronger national growth. According to Statistics Canada, gross domestic product was probably up by 0.7% last month, following a 0.3% decline seen in May (it was still...
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Tiff Macklem recommends not to worry about inflation, promising to keep interest rates low

The central bank’s Governor Tiff Macklem addressed readers of a major newspaper to clear up the situation with three consecutive months of inflation increases. His statement was published on Thursday on the front page of the Financial Post, following the Statistics Canada’s report pointing...
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