Canadian Real Estate News

Canadian Labor Market Weaker Than Pre-Pandemic, May Get Worse: BMO

<![CDATA[Canada’s labor market has eroded fast since the glory days of the pandemic, and it may get worse soon. Statistics Canada (Stat Can) data shows the job vacancy rate for February came in at nearly half its peak rate just a few years ago. BMO Capital Markets warned investors this problem is combining with elevated […] The post <a href="https://betterdwelling.com/canadian-labor-market-weaker-than-pre-pandemic-may-get-worse-bmo/">Canadian Labor Market Weaker Than Pre-Pandemic, May Get Worse: BMO</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Canada Lost 370k Payroll Jobs As Tariff Conflict Began… Or Gained 80k

<![CDATA[Canadians looking to confirm that Americans obliterated our job market… won’t find this morning’s payroll data very helpful. Statistics Canada (Stat Can) data released this morning, shows the country added tens of thousands of payroll jobs in February. That doesn’t quite match the Trade War-obliterated wasteland narrative we’ve been hearing about. Looking at the unadjusted […] The post <a href="https://betterdwelling.com/canada-lost-370k-payroll-jobs-as-tariff-conflict-began-or-gained-80k/">Canada Lost 370k Payroll Jobs As Tariff Conflict Began… Or Gained 80k</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Canadian Real Estate Shortage Overstated, Condos Won’t Fix Costs: BMO

<![CDATA[Canadian politicians are promising to build millions of homes—an unrealistic plan not grounded in reality. The good news is the country doesn’t need millions of homes to correct the housing shortage, according to BMO Capital Markets. In a new report, the Big Six bank argues that decades of underbuilding is a myth, and the issue […] The post <a href="https://betterdwelling.com/canadian-real-estate-shortage-overstated-condos-wont-fix-costs-bmo/">Canadian Real Estate Shortage Overstated, Condos Won’t Fix Costs: BMO</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Canada To Become A Dystopian Nightmare, Households Will Flee: Gov Report

<![CDATA[Canada has a modest but powerful value proposition—regardless of race or creed, a person’s hard work is rewarded with social mobility. The Government of Canada (GoC) think tank Policy Horizons is warning that the proposition is disappearing, and may be a distant memory in less than two decades. In a report from the agency, they […] The post <a href="https://betterdwelling.com/canada-to-become-a-dystopian-nightmare-households-will-flee-gov-report/">Canada To Become A Dystopian Nightmare, Households Will Flee: Gov Report</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Canadian Housing Starts Collapse As Ontario Falls To 2009 Levels

<![CDATA[Canada’s politicians spent billions in taxpayer resources to stimulate new homebuilding, and the exact opposite is happening. Canada Mortgage and Housing Corporation (CMHC) data shows a sharp decline in housing starts for March. The problem is easy to attribute to tariffs, but it wouldn’t make sense in this context—especially as provinces like Alberta continue to […] The post <a href="https://betterdwelling.com/canadian-housing-starts-collapse-as-ontario-falls-to-2009-levels/">Canadian Housing Starts Collapse As Ontario Falls To 2009 Levels</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Canada Likely To Face Deep Recession Despite Lower Tariffs: Oxford Econ

<![CDATA[Canada is facing much smaller tariffs than initially proposed, but unfortunately the problems are getting bigger. A new report from Oxford Economics sees the country plunging into a recession deeper than previously anticipated. Despite softening tariff threats, economic uncertainty will reduce consumption and investment, ultimately producing higher unemployment and even briefly producing disinflation. Canadian GDP […] The post <a href="https://betterdwelling.com/canada-likely-to-face-deep-recession-despite-lower-tariffs-oxford-econ/">Canada Likely To Face Deep Recession Despite Lower Tariffs: Oxford Econ</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>. ]]>

This Week’s Top Stories: Canada’s Financial Crisis Escape Myth, & Inequality Hits A Record High

<![CDATA[Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Income Inequality Hits A High, Economic Mobility Disappears Canadian households are seeing the gap between the rich and poor widening very fast. The gap between the top and bottom 40% of households, known as the income gap, has expanded to the […] The post <a href="https://betterdwelling.com/this-weeks-top-stories-canadas-financial-crisis-escape-myth-inequality-hits-a-record-high/">This Week’s Top Stories: Canada’s Financial Crisis Escape Myth, & Inequality Hits A Record High</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Canada Avoiding The Financial Crisis Is A Myth Highlighted By Australia Comparison

<![CDATA[Despite being upside down, Australia shares a lot of similarities with Canada (besides Monarchs). A new analysis from BMO looks at those similarities, especially around population and inflation, highlighting the fact Canada’s economic drag is much more complicated than just population growth. The bank only walks us to the point of divergence, the Global Financial […] The post <a href="https://betterdwelling.com/canada-avoiding-the-financial-crisis-is-a-myth-highlighted-by-australia-comparison/">Canada Avoiding The Financial Crisis Is A Myth Highlighted By Australia Comparison</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Bank of Canada Holds Rates For The First Time In A Year, Carbon Tax Cuts Inflation

<![CDATA[Canada’s central bank did something it hasn’t done in a while—nothing. The Bank of Canada (BoC) held its key policy rate at this morning’s monetary policy announcement. It was the first time in a year that rates weren’t slashed, and follows the most aggressive easing cycle since the Global Financial Crisis. The BoC held primarily […] The post <a href="https://betterdwelling.com/bank-of-canada-holds-rates-for-the-first-time-in-a-year-carbon-tax-cuts-inflation/">Bank of Canada Holds Rates For The First Time In A Year, Carbon Tax Cuts Inflation </a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Canadian Real Estate Prices Hit Multi-Month High, Demand Weakest Since 2009

<![CDATA[Canadian real estate demand is nearing historic weakness but it doesn’t appear buyers have noticed. Canadian Real Estate Association (CREA) data shows home prices inched higher in March, hitting a multi-month high. At the same time the market has seen sales fall to the lowest level in over a decade, while inventory climbed and pushed […] The post <a href="https://betterdwelling.com/canadian-real-estate-prices-hit-multi-month-high-demand-weakest-since-2009/">Canadian Real Estate Prices Hit Multi-Month High, Demand Weakest Since 2009</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Real Estate News - Canada