Last month, Canada’s inflation showed the first slowdown for 2021. However, price pressures keep showing the strongest levels in almost a decade. According to Statistics Canada, the consumer price index rose by 3.1% from June 2020, which almost coincides with 3.2%, predicted by economists...

Over the previous nine weeks, Canada has shown lower demand for lumber, as the do-it-yourself boom is coming to end and consumers change their budget goals. “The deal is that people are spending less time in their homes now,” – says Dustin Jalbert, senior...

Rental markets are facing increased activity all over Canada, becoming a point of concern for affordability in cities with permanent lack of supply. Over the years even before COVID-19, rental markets from Vancouver to Prince Edward Island have been facing a dangerous combination of weak...

According to CIBC economist Royce Mendes, Canada’s hot real estate market is showing first signs of a slowdown that may reduce the industry’s contribution to the national economy. However, the change will be not so significant to become a point of concern. “Today, when...

The pandemic has definitely become the main reason for the recent remote work trend. Canadians got used to comfortable work from their home chair, their home office or sometimes even without getting out of bed. Actually, the trend is so strong, that, according to...