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Immigration may help in solving the housing bubble issue in Canada

Canada has started the journey to reaching its quite ambitious immigration goals, planning to welcome more than 1.2 million newcomers during three years. According to the immigration rules, permanent residents need to have money for their settlement in Canada, so they will not be...
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Investors expect the next rate increase cycle to be stronger than the previous four. How to prepare yourself for higher interest rates?

As the spending levels are growing in Canada and households have been saving extra cash, investors expect the central bank’s next rate hike cycle (it may start in 2022) to bring interest rates above the previous peak for the first time in many years....
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Canada faces a significant mortgage debt increase

Due to the pandemic-caused activity hike at the real estate market, Canadians are increasing their debts in order to enter the market and buy homes. The latest report by Statistics Canada shows that household mortgage debt was up by 1% in April to $1.69...
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Canada shows higher population growth even with borders still closed

It looks like Canada’s population growth is getting back to its pre-pandemic pace following almost a full stop in 2020. The recent report by Statistics Canada says Canada’s population was up by 0.2%, or 82,366 people, during the first quarter of 2021, reaching 38.1...
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Canada’s inflation reached its highest level since 2011 in May

Last month, inflation in Canada rose to its highest level in 10 years, but policy makers say it’s only a temporary change. According to Statistics Canada, consumer prices rose by 3.6% in May compared to a year earlier, marking the fastest annual growth since...
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