News

The Bank of Canada and other key economic forecasters anticipate that unemployment will continue to rise into 2026.
Prices are still falling with the benchmark (typical) new single-family home, down 5.4% to $1.53 million in April, and condos ...
Since June 2024, interest rates have trended down from a two-decade high, yet remain above the historically low levels seen during the pandemic. Approximately 1.2 million Canadian mortgages will renew ...
Slowly, then all at once…job losses ‘unexpectedly’ leaping across many sectors.
On one hand, the US economy is showing signs of slowing, with a negative growth for Q1 GDP, and mounting evidence that many corporations and consumer households are feeling the pinch of higher ...
As I feared, DOGE has drastically undershot its targeted spending cuts. It’s hard to reduce overhead without the political will to reduce corporate subsidies and reform entitlement programs in a ...
Resource-rich Alberta has long been hailed as the economic engine of Canada. But is it? Andrew Chang breaks down the province’s biggest contributions and how they stack up against the rest of the ...
Yesterday, the Bank of Canada (BoC) held its overnight rate target at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. They did not ease monetary conditions while noting that domestic ...