17 Jun

Canadian Housing Market Was Quiet In May – June 17 2024

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Posted by: Matthew J. Charlton

JUNE 17 2024 May Was Another Sleepy Month For Housing The Canadian Real Estate Association (CREA) announced today that national home sales fell 0.6% in May, remaining slightly below the average of the past ten years. Actual (not seasonally adjusted) monthly activity was 5.9% below May 2023. With the Bank of Canada rate cut on June […]

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10 May

April Jobs Report Much Stronger Than Expected – May 10 2024

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Posted by: Matthew J. Charlton

MAY 10 2024 April’s Strong Job Gains Likely Postpone Rate Cuts Until July Today’s StatsCanada Labour Force Survey for April blindsided economists by coming in much more robust than expected. Employment in Canada rose a whopping 90,400 in April, the most in 15 months, following a decline in March, surpassing forecasts by a large margin. […]

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17 Apr

Canadian Federal Budget 2024: Higher Deficits, Higher Government Spending, And Higher Taxes for the Wealthy – April 17 2024

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Posted by: Matthew J. Charlton

APRIL 17 2024 Federal Budget Targets Rich Canadians For New Spending The budget focuses on helping Millennial and Gen Z voters experiencing rising housing costs and other inflationary pressures. The government has set fiscal anchors, such as keeping the deficit below 1% of GDP starting in 2027. The Canadian federal government released its 2023 budget […]

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16 Apr

Great News On The Canadian Inflation Front – April 16 2024

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Posted by: Matthew J. Charlton

APRIL 16 2024 Great News On The Inflation Front The Consumer Price Index (CPI) rose 2.9% year-over-year in March, as expected, up a tick from the February pace owing to a rise in gasoline prices, as prices at the pump rose faster in March compared with February. Excluding gasoline, the all-items CPI slowed to a […]

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12 Apr

Ho Hum Housing Data In March Provides Hints Of Coming Strength In Spring – April 12 2024

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Posted by: Matthew J. Charlton

APRIL 12 2024 Recent Signs Show Housing Activity Will Strengthen Meaningfully In April The Canadian Real Estate Association (CREA) announced today that national home sales for March were roughly flat, while new listings fell and prices stagnated. CREA analysts are confident that recent activity will harken stronger housing markets for the rest of this year. There […]

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