Economic Indicators

Canada one of four advanced economies vulnerable to housing

Moody's Investors Service has released a report that identifies Canada as one of four triple-A-rated countries that are exposed to a potential housing market correction.

By Staff, with files from The Canadian Press |April 11, 2017

2 min read

Economic Indicators

Household spending continues to drive growth

Expect strong consumer spending to continue in 2017

By Staff |April 10, 2017

3 min read

Economic Indicators

Housing starts reach highest level in nearly a decade

The annual pace of housing starts increased more than expected in March and hit its highest level since September 2007. The Canada Mortgage and Housing Corp. says the seasonally adjusted annual rate of housing starts for March came in at 253,720 units, up from 214,253 in February. Economists had expected a reading of 215,000 for […]

By Staff, with files from The Canadian Press |April 10, 2017

2 min read

Economic Indicators

CFTA expected to boost economy, set open trade mindset

The Canada Free Trade Agreement, a new internal-trade agreement, has been unveiled.

By Staff, with files from The Canadian Press |April 7, 2017

2 min read

GTA home prices jump 33% in a year

Toronto home prices continued their unabated climb last month, the city’s real estate board said Wednesday in what could serve as a prelude to the critical spring homebuying season in the country’s hottest housing market. The average selling price for all properties in the Greater Toronto Area jumped from $688,011 to $916,567 over the last […]

2 min read

BoC survey shows modest investment pickup

The Bank of Canada says it’s detecting early signs of a “modest” pickup in corporate investment over the near term, even amid considerable uncertainty surrounding the U.S. economic agenda. The central bank says the signals of a recovery in business investment are starting to emerge after a two-year period of weakness triggered by the oil-price […]

2 min read

Economists differ on timing of potential 2018 rate hikes

Canada’s GDP expanded for the third month straight in January, with gains reported in 15 of 20 major industries. The 0.6% uptick was the best monthly performance in at least five years, excluding last June’s post-wildfire pop-back, says Brian DePratto, senior economist at TD, in an economics report. TD is forecasting 3.4% GDP growth for […]

By Staff |April 3, 2017

3 min read

Economic Indicators

Canada one of four advanced economies vulnerable to housing

Household spending continues to drive growth

Housing starts reach highest level in nearly a decade

CFTA expected to boost economy, set open trade mindset

Canada gains 19,400 jobs; U.S. unemployment rate declines

GTA home prices jump 33% in a year

Canada’s trade surplus disappears while U.S. deficit shrinks

BoC survey shows modest investment pickup

Economists differ on timing of potential 2018 rate hikes

Why the greenback is falling despite rate hike