Canadian real estate has seen some positive growth but won’t recover to peak valuations for another half decade. That was the ...

The agency notes that just a handful of industries were behind most of the growth. Construction (contributed 40%), followed by Administration and Support, Waste Management and Remediation Services (27 ...

Despite the temporary nature of these visas, many people see them as a gateway to immigration. Canada’s policymakers leaned on that appearance to help drive the recent breakneck population growth ...

Canadian real estate markets are starting to heat up (again), but mostly just in government towns. A look at the sales to new listings ratio (SNLR) for major markets across the country shows that ...

Despite the SNLR rising in almost all markets, a few markets saw massive jumps from last year. Victoria’s ratio (SNLR: 77.8%; +31.3 points y/y) saw the highest growth in the past year. It was followed ...

Consumer (non-mortgage) credit had been relatively slow before 2020 but has since picked up and continues to rise aggressively. The balance added 0.3% (+$2.0 billion) hitting $776 billion in October, ...

Canadian GDP accelerated much faster than expected in the latest data. Real GDP advanced 0.3% in October, triple what the agency expected in its preliminary data. The agency notes 12 of the 18 major ...

Canadian mortgage borrowers have just discovered they weren’t richer than they thought, and now require significant assistance to handle their bills. The Financial Consumer Agency of Canada (FCAC), ...

The FCAC relief measures are outlined in its Guideline on Existing Consumer Mortgage Loans in Exceptional Circumstances, a document explaining the agency’s expectations for mitigating mortgage ...

The Canadian and American economies often move together, but the loonie is the latest sign that won’t be the case this time. The Canadian dollar has been plunging against the US dollar, a.k.a.

Net interprovincial migration is the balance of Canadians that move to a province. A positive balance is a net inflow—fewer residents left than arrived from other provinces. A negative balance is an ...

Speaking of Shelter and methodology, the index shows lower cost mortgages are back to boosting rents. Annual growth for the component was 4.6% in November, shedding 0.2 points from the rate in October ...